Thompson Rubinstein Investment Management Inc. OR Sells 1,250 Shares of Kemper Corporation (KMPR)
Thompson Rubinstein Investment Management Inc. OR lowered its stake in Kemper Corporation (NYSE:KMPR) by 1.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 77,521 shares of the insurance provider’s stock after selling 1,250 shares during the period. Thompson Rubinstein Investment Management Inc. OR owned about 0.15% of Kemper Corporation worth $2,992,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC acquired a new position in Kemper Corporation during the first quarter worth approximately $205,000. Capital Fund Management S.A. acquired a new position in Kemper Corporation during the first quarter worth approximately $223,000. Paloma Partners Management Co acquired a new position in Kemper Corporation during the first quarter worth approximately $239,000. Airain ltd acquired a new position in Kemper Corporation during the first quarter worth approximately $241,000. Finally, Advantus Capital Management Inc boosted its position in Kemper Corporation by 3.2% in the first quarter. Advantus Capital Management Inc now owns 6,239 shares of the insurance provider’s stock worth $249,000 after buying an additional 196 shares in the last quarter. Institutional investors and hedge funds own 55.10% of the company’s stock.
Kemper Corporation (KMPR) traded up 1.08% during mid-day trading on Monday, hitting $37.45. The stock had a trading volume of 331,718 shares. The company has a market cap of $1.92 billion, a price-to-earnings ratio of 104.03 and a beta of 1.11. The company has a 50 day moving average price of $38.91 and a 200-day moving average price of $41.35. Kemper Corporation has a one year low of $33.66 and a one year high of $45.95.
Kemper Corporation (NYSE:KMPR) last announced its quarterly earnings results on Thursday, May 4th. The insurance provider reported ($0.08) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.11. The company had revenue of $651.40 million for the quarter, compared to analyst estimates of $652.25 million. Kemper Corporation had a net margin of 0.73% and a return on equity of 0.44%. Kemper Corporation’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.01) EPS. Equities analysts expect that Kemper Corporation will post $1.38 earnings per share for the current fiscal year.
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A number of research analysts have commented on the company. TheStreet cut Kemper Corporation from a “b-” rating to a “c” rating in a research note on Thursday, May 4th. BidaskClub cut Kemper Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Finally, Zacks Investment Research cut Kemper Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $50.00.
In other Kemper Corporation news, insider Mark A. Green bought 1,000 shares of Kemper Corporation stock in a transaction that occurred on Tuesday, May 9th. The shares were acquired at an average price of $37.72 per share, for a total transaction of $37,720.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.92% of the company’s stock.
Kemper Corporation Company 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.
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