Kemper Corp (NYSE:KMPR) – Equities researchers at William Blair increased their FY2018 earnings per share estimates for shares of Kemper in a research report issued on Monday, November 5th. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings per share of $4.70 for the year, up from their prior estimate of $4.65. William Blair also issued estimates for Kemper’s Q4 2018 earnings at $1.40 EPS, Q1 2019 earnings at $1.31 EPS, Q2 2019 earnings at $1.38 EPS, Q3 2019 earnings at $1.44 EPS and Q4 2019 earnings at $1.63 EPS.
KMPR has been the subject of a number of other reports. ValuEngine cut shares of Kemper from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. Zacks Investment Research cut shares of Kemper from a “buy” rating to a “hold” rating in a research note on Wednesday, October 10th. Sandler O’Neill upgraded shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Kemper in a research note on Thursday, November 1st. They issued a “market perform” rating and a $80.00 target price for the company. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $84.00.
KMPR stock opened at $76.74 on Wednesday. The company has a market capitalization of $4.86 billion, a P/E ratio of 46.79 and a beta of 1.11. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. Kemper has a 52 week low of $50.85 and a 52 week high of $87.00.
Kemper (NYSE:KMPR) last released its earnings results on Monday, November 5th. The insurance provider reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.39. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Kemper had a net margin of 6.24% and a return on equity of 7.80%. Kemper’s revenue for the quarter was up 73.2% on a year-over-year basis. During the same period last year, the business earned $0.85 EPS.
In other Kemper news, Director George N. Cochran acquired 500 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was acquired at an average cost of $83.55 per share, for a total transaction of $41,775.00. Following the purchase, the director now owns 9,428 shares in the company, valued at approximately $787,709.40. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Carl Thomas Jr. Evans sold 2,000 shares of Kemper stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $78.70, for a total transaction of $157,400.00. Following the sale, the vice president now owns 965 shares of the company’s stock, valued at $75,945.50. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio lifted its stake in shares of Kemper by 502.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 57,876 shares of the insurance provider’s stock valued at $4,378,000 after purchasing an additional 48,271 shares during the period. Castleark Management LLC acquired a new position in shares of Kemper in the 2nd quarter valued at $14,950,000. Verition Fund Management LLC acquired a new position in shares of Kemper in the 2nd quarter valued at $269,000. Natixis lifted its stake in shares of Kemper by 48.5% in the 2nd quarter. Natixis now owns 153,063 shares of the insurance provider’s stock valued at $11,579,000 after purchasing an additional 49,982 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in shares of Kemper by 3.3% in the 1st quarter. Principal Financial Group Inc. now owns 214,511 shares of the insurance provider’s stock valued at $12,227,000 after purchasing an additional 6,888 shares during the period. Institutional investors and hedge funds own 50.57% of the company’s stock.
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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