Kemper (NYSE:KMPR) Cut to “Hold” at StockNews.com

Kemper (NYSE:KMPR) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

Other research analysts also recently issued research reports about the company. TD Cowen increased their price target on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. JMP Securities reaffirmed a “market outperform” rating and set a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $80.40.

Kemper Stock Performance

Shares of KMPR stock opened at $65.18 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.22 and a current ratio of 0.22. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 15.52 and a beta of 0.88. Kemper has a 52 week low of $48.15 and a 52 week high of $73.01. The firm’s 50-day simple moving average is $67.36 and its two-hundred day simple moving average is $63.21.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the firm posted ($0.44) EPS. Kemper’s revenue was down 1.7% on a year-over-year basis. As a group, equities analysts forecast that Kemper will post 5.36 earnings per share for the current year.

Institutional Trading of Kemper

A number of institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after buying an additional 289 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in Kemper by 5,590.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 569 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 559 shares in the last quarter. Quarry LP increased its holdings in Kemper by 105.1% during the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after acquiring an additional 329 shares during the period. Capital Performance Advisors LLP purchased a new stake in Kemper in the 3rd quarter worth approximately $46,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Kemper in the 3rd quarter valued at $82,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Company Profile

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.