Amalgamated Bank boosted its stake in shares of Kemper Corporation (NYSE:KMPR) by 0.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 5,705 shares of the insurance provider’s stock after buying an additional 5 shares during the period. Amalgamated Bank’s holdings in Kemper Corporation were worth $228,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of KMPR. BlackRock Inc. boosted its position in shares of Kemper Corporation by 15,823.5% in the first quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock valued at $185,293,000 after buying an additional 4,614,759 shares during the last quarter. Norges Bank purchased a new position in shares of Kemper Corporation during the fourth quarter valued at approximately $24,411,000. Vanguard Group Inc. boosted its position in shares of Kemper Corporation by 5.7% in the first quarter. Vanguard Group Inc. now owns 3,459,695 shares of the insurance provider’s stock valued at $138,041,000 after buying an additional 185,850 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Kemper Corporation by 6.3% in the first quarter. Wellington Management Group LLP now owns 2,492,739 shares of the insurance provider’s stock valued at $99,461,000 after buying an additional 147,995 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of Kemper Corporation during the first quarter valued at approximately $4,473,000. Institutional investors own 55.00% of the company’s stock.
Kemper Corporation (NYSE:KMPR) traded up 1.24% during trading on Friday, reaching $49.05. 203,439 shares of the company were exchanged. Kemper Corporation has a one year low of $35.30 and a one year high of $50.00. The company has a market capitalization of $2.52 billion, a P/E ratio of 49.45 and a beta of 1.11. The firm’s 50-day moving average is $42.16 and its 200 day moving average is $40.82.
Kemper Corporation (NYSE:KMPR) last posted its quarterly earnings results on Tuesday, August 1st. The insurance provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.18 by $0.23. The firm had revenue of $684.40 million for the quarter, compared to the consensus estimate of $641.20 million. Kemper Corporation had a net margin of 1.95% and a return on equity of 1.26%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the firm posted $0.08 earnings per share. On average, analysts anticipate that Kemper Corporation will post $1.70 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, August 10th. Kemper Corporation’s dividend payout ratio (DPR) is presently 97.96%.
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KMPR has been the subject of several analyst reports. Zacks Investment Research cut shares of Kemper Corporation from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 27th. TheStreet cut shares of Kemper Corporation from a “b-” rating to a “c” rating in a research report on Thursday, May 4th. BidaskClub cut shares of Kemper Corporation from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. UBS AG upgraded shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a research report on Thursday, August 3rd. Finally, Raymond James Financial, Inc. upgraded shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 target price for the company in a research report on Thursday, August 3rd. Two analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $55.50.
Kemper Corporation Company Profile
Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.
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