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.
TRADEMARK VIOLATION WARNING: “Kemper Corp (NYSE:KMPR) Shares Bought by Schwab Charles Investment Management Inc.” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/01/11/schwab-charles-investment-management-inc-has-18-86-million-stake-in-kemper-corp-kmpr.html.
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.
Receive News & Ratings for Kemper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kemper and related companies with MarketBeat.com's FREE daily email newsletter.