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

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

Other research analysts have also issued research reports about the company. TD Cowen lifted their target price on Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. JMP Securities reaffirmed a “market outperform” rating and issued a $85.00 price objective on shares of Kemper in a report on Tuesday, October 15th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $79.00.

Kemper Price Performance

KMPR opened at $63.71 on Tuesday. Kemper has a 52-week low of $47.12 and a 52-week high of $73.01. The company has a market cap of $4.08 billion, a P/E ratio of 15.17 and a beta of 0.88. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $66.91 and a two-hundred day moving average of $62.92.

Kemper (NYSE:KMPR) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.28. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.44) earnings per share. On average, analysts expect that Kemper will post 5.36 earnings per share for the current year.

Hedge Funds Weigh In On Kemper

Institutional investors have recently modified their holdings of the company. Inspire Investing LLC boosted its stake in Kemper by 3.1% during the 2nd quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider’s stock valued at $353,000 after purchasing an additional 177 shares during the period. Atom Investors LP raised its holdings in shares of Kemper by 1.1% during the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider’s stock valued at $1,178,000 after buying an additional 208 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after buying an additional 289 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Kemper by 3.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider’s stock worth $598,000 after buying an additional 311 shares during the period. Finally, Quarry LP grew its holdings in Kemper by 105.1% in the 2nd quarter. Quarry LP now owns 642 shares of the insurance provider’s stock worth $38,000 after buying an additional 329 shares in 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.