Kemper (NYSE:KMPR) CFO Bradley Camden Purchases 1,000 Shares of Stock

Kemper Corporation (NYSE:KMPRGet Free Report) CFO Bradley Camden acquired 1,000 shares of Kemper stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $26.34 per share, with a total value of $26,340.00. Following the completion of the acquisition, the chief financial officer owned 51,259 shares of the company’s stock, valued at $1,350,162.06. This trade represents a 1.99% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Kemper Stock Performance

NYSE:KMPR opened at $26.21 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.17 and a quick ratio of 0.17. The business has a fifty day simple moving average of $27.33 and a two-hundred day simple moving average of $30.24. Kemper Corporation has a 1 year low of $22.69 and a 1 year high of $54.90. The company has a market capitalization of $1.54 billion, a P/E ratio of -3.12 and a beta of 1.04.

Kemper (NYSE:KMPRGet Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a positive return on equity of 2.89% and a negative net margin of 10.84%.The business’s revenue for the quarter was down 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.30 EPS. On average, analysts expect that Kemper Corporation will post 1.93 earnings per share for the current year.

Kemper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.28 annualized dividend and a yield of 4.9%. Kemper’s dividend payout ratio is -15.24%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Weiss Ratings downgraded shares of Kemper from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. UBS Group cut their price objective on shares of Kemper from $44.00 to $43.00 and set a “buy” rating for the company in a report on Monday. Piper Sandler reduced their price objective on shares of Kemper from $35.00 to $28.00 and set an “underweight” rating for the company in a research note on Thursday, May 7th. Wall Street Zen raised shares of Kemper from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $43.67.

Read Our Latest Research Report on Kemper

Institutional Trading of Kemper

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new position in Kemper in the 2nd quarter valued at $227,331,000. Walleye Capital LLC bought a new position in shares of Kemper in the second quarter worth $21,709,000. AQR Capital Management LLC increased its holdings in shares of Kemper by 40.1% in the third quarter. AQR Capital Management LLC now owns 2,780,270 shares of the insurance provider’s stock worth $143,323,000 after purchasing an additional 795,131 shares during the period. Millennium Management LLC raised its position in shares of Kemper by 129.8% in the third quarter. Millennium Management LLC now owns 1,115,660 shares of the insurance provider’s stock worth $57,512,000 after buying an additional 630,241 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in shares of Kemper in the fourth quarter worth $24,324,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

More Kemper News

Here are the key news stories impacting Kemper this week:

  • Positive Sentiment: Several insiders bought shares, including Director Jason Gorevic’s 5,000-share purchase for approximately $129,550. Director Gerald Laderman, CFO Bradley Camden and EVP Carl Evans also purchased shares, suggesting management views the current valuation as attractive. Kemper Director Acquires 5,000 Shares of Stock
  • Positive Sentiment: UBS reiterated a “Buy” view on Kemper, although it reduced its price target modestly to $43 from $44. The rating indicates meaningful potential upside from recent trading levels. Kemper Receives a Buy from UBS
  • Positive Sentiment: Kemper declared a quarterly dividend of $0.32 per share, equivalent to $1.28 annually and a yield of roughly 4.9%, which may appeal to income-focused investors.
  • Neutral Sentiment: The latest quarterly earnings exceeded expectations, with EPS of $0.45 versus the $0.34 consensus. However, the earnings beat was accompanied by revenue of $1.09 billion, below the $1.16 billion estimate.
  • Neutral Sentiment: Institutional ownership remains high at approximately 86.2%, and several investment firms increased their positions. This may provide some shareholder support but reflects holdings from the prior quarter rather than a new catalyst.
  • Negative Sentiment: Revenue declined 10.8% year over year, EPS fell from $1.30 in the comparable quarter, and Kemper reported a negative net margin. These results reinforce concerns about operating performance in its insurance businesses.
  • Negative Sentiment: Analyst sentiment remains cautious: the consensus rating is “Reduce,” with three Hold and four Sell ratings. Piper Sandler lowered its target to $28 and UBS also trimmed its target, while Zacks previously moved to “Strong Sell.”

About Kemper

(Get Free Report)

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.

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