Kemper (NYSE:KMPR) Stock Rating Upgraded by StockNews.com

Kemper (NYSE:KMPR) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Monday.

Several other research firms have also weighed in on KMPR. Raymond James increased their target price on Kemper from $70.00 to $75.00 and gave the company a “strong-buy” rating in a research note on Thursday, August 8th. JMP Securities reiterated a “market outperform” rating and issued a $85.00 price target on shares of Kemper in a research report on Tuesday, October 15th. Piper Sandler boosted their price objective on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Finally, UBS Group upped their target price on shares of Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $76.20.

Kemper Stock Up 1.5 %

Shares of NYSE KMPR opened at $63.53 on Monday. Kemper has a 1 year low of $38.52 and a 1 year high of $67.60. The firm’s 50-day moving average is $61.64 and its 200-day moving average is $60.72. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $4.07 billion, a PE ratio of 15.13 and a beta of 0.85.

Kemper (NYSE:KMPR) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.28. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period last year, the firm earned ($0.44) earnings per share. Equities analysts expect that Kemper will post 5.06 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Capstone Investment Advisors LLC acquired a new stake in shares of Kemper during the first quarter worth $624,000. GSA Capital Partners LLP lifted its holdings in shares of Kemper by 160.5% in the first quarter. GSA Capital Partners LLP now owns 11,964 shares of the insurance provider’s stock valued at $741,000 after purchasing an additional 7,371 shares in the last quarter. Texas Permanent School Fund Corp boosted its position in shares of Kemper by 1.7% during the first quarter. Texas Permanent School Fund Corp now owns 52,918 shares of the insurance provider’s stock worth $3,277,000 after buying an additional 878 shares during the period. SG Americas Securities LLC grew its holdings in shares of Kemper by 56.8% during the first quarter. SG Americas Securities LLC now owns 3,841 shares of the insurance provider’s stock worth $238,000 after buying an additional 1,391 shares in the last quarter. Finally, Sei Investments Co. raised its position in Kemper by 2.8% in the 1st quarter. Sei Investments Co. now owns 64,176 shares of the insurance provider’s stock valued at $3,974,000 after buying an additional 1,722 shares during the last quarter. Institutional investors own 86.23% of the company’s stock.

About Kemper

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.