Kemper Corp (NYSE:KMPR) – Research analysts at William Blair decreased their Q4 2018 earnings per share (EPS) estimates for shares of Kemper in a note issued to investors on Thursday, November 29th. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $1.32 per share for the quarter, down from their previous forecast of $1.40.
KMPR has been the subject of a number of other research reports. Zacks Investment Research downgraded Kemper from a “buy” rating to a “hold” rating in a report on Wednesday, October 10th. Keefe, Bruyette & Woods started coverage on Kemper in a report on Thursday, November 1st. They issued a “market perform” rating and a $80.00 price target for the company. Finally, Sandler O’Neill raised Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $84.00.
Kemper (NYSE:KMPR) last released its earnings results on Monday, November 5th. The insurance provider reported $1.59 EPS for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.39. Kemper had a return on equity of 9.56% and a net margin of 6.63%. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. The company’s revenue was up 73.2% compared to the same quarter last year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 4th. Shareholders of record on Monday, November 19th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Friday, November 16th. Kemper’s payout ratio is presently 58.54%.
In related news, Director George N. Cochran purchased 500 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was bought at an average cost of $83.55 per share, with a total value of $41,775.00. Following the completion of the acquisition, the director now owns 9,428 shares of the company’s stock, valued at approximately $787,709.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.92% of the company’s stock.
A number of large investors have recently made changes to their positions in KMPR. Principal Financial Group Inc. lifted its holdings in Kemper by 3.3% in the first quarter. Principal Financial Group Inc. now owns 214,511 shares of the insurance provider’s stock valued at $12,227,000 after acquiring an additional 6,888 shares during the period. Bank of Montreal Can lifted its holdings in Kemper by 5.2% in the second quarter. Bank of Montreal Can now owns 14,418 shares of the insurance provider’s stock valued at $1,090,000 after acquiring an additional 715 shares during the period. Aperio Group LLC lifted its holdings in Kemper by 14.3% in the second quarter. Aperio Group LLC now owns 11,316 shares of the insurance provider’s stock valued at $856,000 after acquiring an additional 1,415 shares during the period. First Trust Advisors LP lifted its holdings in Kemper by 151.7% in the second quarter. First Trust Advisors LP now owns 12,817 shares of the insurance provider’s stock valued at $970,000 after acquiring an additional 7,725 shares during the period. Finally, Victory Capital Management Inc. raised its stake in shares of Kemper by 59.2% during the 2nd quarter. Victory Capital Management Inc. now owns 895,651 shares of the insurance provider’s stock worth $67,756,000 after buying an additional 333,172 shares during the period. 65.37% of the stock is owned by institutional investors.
Kemper Company Profile
Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States. The company's Property & Casualty Insurance segment provides automobile, homeowners, renters, fire, umbrella, and other types of property and casualty insurance to individuals; and commercial automobile insurance to businesses.
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