Kemper (NYSE: KMPR – Get a Note) was upgraded by Credit Suisse Group equity research analysts from a “neutral” rating to an “outperforming” rating in a research note released Monday to investors, reports The Fly.
Several other equity research analysts have also recently weighed in on the stock. StockNews.com took over coverage of Kemper stocks in a Thursday, March 16 research report. They set a “hold” rating for the company. Raymond James upgraded Kemper shares from an ‘outperform’ rating to a ‘strong buy’ rating and raised his price target for the stock from $60.00 to $80.00 in a report research on Tuesday, February 7. Piper Sandler raised its price target on Kemper shares from $60.00 to $62.00 and gave the company a “neutral” rating in a Tuesday, April 4 research note. Finally, JMP Securities rephrased a “market outperformance” rating and set a target price of $85.00 on Kemper shares in a Tuesday, March 14 research note. Two research analysts rated the stock with a hold rating, two gave the stock a buy rating and one gave the stock a strong buy rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.75.
Kemper price performance
NYSE KMPR shares opened at $56.44 on Monday. The stock has a market capitalization of $3.61 billion, a PE ratio of -11.96 and a beta of 0.89. Kemper has a fifty-two week low of $40.65 and a fifty-two week high of $68.15. The company has a debt ratio of 0.57, a current ratio of 0.21 and a quick ratio of 0.21. The company has a fifty-day moving average price of $59.32 and a two-hundred-day moving average price of $53.64.
Insider Buying and Selling at Kemper
Separately, director Susan D. Whiting sold 1,000 shares of the company in a transaction dated Tuesday, February 7. The stock was sold at an average price of $66.54, for a total transaction of $66,540.00. Following the sale, the administrator now directly owns 9,098 shares of the company, valued at $605,380.92. The transaction was disclosed in a document filed with the SEC, which can be accessed on the SEC’s website. In other news, Director Susan D. Whiting sold 1,000 shares of Kemper in a trade on Tuesday, February 7. The shares were sold at an average price of $66.54, for a total transaction of $66,540.00. As a result of the transaction, the administrator now owns 9,098 shares of the company, valued at $605,380.92. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website. Additionally, director Alberto J. Paracchini acquired 500 shares of the company in a transaction that took place on Tuesday, February 14. The stock was purchased at an average price of $63.63 per share, with a total value of $31,815.00. Following the completion of the acquisition, the director now directly owns 1,065 shares of the company, valued at $67,765.95. Disclosure of this purchase can be found here. Company insiders own 0.60% of the company’s shares.
Kemper Institutional Trade
A number of institutional investors and hedge funds have recently increased or reduced their stakes in KMPR. Acrisure Capital Management LLC acquired a new stake in Kemper stock during the fourth quarter at a value of $254,000. Voya Investment Management LLC increased its holdings in Kemper by 73.8% during the 4th quarter. Voya Investment Management LLC now owns 14,209 shares of the insurance provider worth $699,000 after acquiring an additional 6,032 shares during the period. Jane Street Group LLC bought a new stock position in Kemper in Q4 for a value of approximately $757,000. Legal & General Group Plc raised its position in Kemper shares by 2.9% in the fourth quarter. Legal & General Group Plc now owns 93,328 shares of the insurance provider worth $4,592,000 after acquiring an additional 2,609 shares last quarter. Finally, Millennium Management LLC acquired a new position in Kemper stock in Q4 valued at approximately $8,730,000. Institutional investors and hedge funds own 81.20% of the company’s shares.
(Get a rating)
Kemper Corp. is a holding company engaged in property and casualty insurance and life and health insurance business. It operates through the following segments: Specialized P&C Insurance, Preferred P&C Insurance, and Life & Health Insurance. The Specialty P&C Insurance segment provides personal and commercial automobile insurance.
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