Kemper Corp (NYSE:KMPR) Shares Bought by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. boosted its position in Kemper Corp (NYSE:KMPR) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 355,741 shares of the insurance provider’s stock after purchasing an additional 11,669 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.69% of Kemper worth $18,855,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Fiduciary Trust Co. bought a new stake in shares of Kemper during the 2nd quarter worth about $122,000. Flinton Capital Management LLC grew its stake in shares of Kemper by 75.3% in the 2nd quarter. Flinton Capital Management LLC now owns 4,828 shares of the insurance provider’s stock worth $186,000 after purchasing an additional 2,074 shares during the last quarter. Riverhead Capital Management LLC grew its stake in shares of Kemper by 78.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,828 shares of the insurance provider’s stock worth $186,000 after purchasing an additional 2,128 shares during the last quarter. Amalgamated Bank grew its stake in shares of Kemper by 0.9% in the 2nd quarter. Amalgamated Bank now owns 5,758 shares of the insurance provider’s stock worth $222,000 after purchasing an additional 53 shares during the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Kemper in the 3rd quarter worth approximately $459,000. Hedge funds and other institutional investors own 57.72% of the company’s stock.

Several equities analysts have recently issued reports on KMPR shares. BidaskClub raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Wednesday, September 20th. Zacks Investment Research cut shares of Kemper from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, ValuEngine cut shares of Kemper from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $67.00.

Kemper Corp (NYSE:KMPR) traded up $0.90 during trading on Thursday, hitting $68.70. 87,764 shares of the stock traded hands, compared to its average volume of 152,571. The stock has a market capitalization of $3,530.00, a P/E ratio of 31.37 and a beta of 1.19. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.17 and a current ratio of 0.17. Kemper Corp has a 1-year low of $36.35 and a 1-year high of $71.52.

Kemper (NYSE:KMPR) last released its earnings results on Monday, October 30th. The insurance provider reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.57. The business had revenue of $690.30 million for the quarter, compared to the consensus estimate of $680.90 million. Kemper had a net margin of 6.90% and a return on equity of 9.26%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.40) earnings per share. research analysts predict that Kemper Corp will post 1.57 earnings per share for the current fiscal year.

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Kemper 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.

Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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