Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Kemper Corporation (NYSE:KMPR) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,046 shares of the insurance provider’s stock after purchasing an additional 100 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned about 0.06% of Kemper Corporation worth $1,237,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BlackRock Inc. lifted its stake in shares of Kemper Corporation by 15,823.5% in the 1st quarter. BlackRock Inc. now owns 4,643,923 shares of the insurance provider’s stock worth $185,293,000 after purchasing an additional 4,614,759 shares during the period. Bank of Montreal Can lifted its stake in shares of Kemper Corporation by 3.5% in the 1st quarter. Bank of Montreal Can now owns 12,298 shares of the insurance provider’s stock worth $491,000 after purchasing an additional 420 shares during the period. Paloma Partners Management Co bought a new position in shares of Kemper Corporation in the 1st quarter worth approximately $239,000. Meeder Asset Management Inc. lifted its stake in shares of Kemper Corporation by 0.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 17,405 shares of the insurance provider’s stock worth $672,000 after purchasing an additional 99 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of Kemper Corporation by 5.8% in the 1st quarter. Prudential Financial Inc. now owns 31,785 shares of the insurance provider’s stock worth $1,268,000 after purchasing an additional 1,740 shares during the period. Hedge funds and other institutional investors own 56.06% of the company’s stock.

Several equities analysts have recently weighed in on KMPR shares. BidaskClub cut shares of Kemper Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Zacks Investment Research cut shares of Kemper Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, July 14th. TheStreet upgraded shares of Kemper Corporation from a “c” rating to a “b” rating in a research note on Tuesday, August 1st. UBS AG upgraded shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Finally, Raymond James Financial, Inc. upgraded shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 price objective on the stock in a research note on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. Kemper Corporation currently has an average rating of “Buy” and an average price target of $55.50.

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Shares of Kemper Corporation (KMPR) opened at 50.70 on Tuesday. The company has a market cap of $2.60 billion, a PE ratio of 51.11 and a beta of 1.09. The firm’s 50-day moving average is $47.88 and its 200-day moving average is $41.49. Kemper Corporation has a 1-year low of $35.30 and a 1-year high of $50.95.

Kemper Corporation (NYSE:KMPR) last announced its quarterly earnings results on Tuesday, August 1st. The insurance provider reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.23. Kemper Corporation had a return on equity of 1.26% and a net margin of 1.95%. The company had revenue of $684.40 million during the quarter, compared to the consensus estimate of $641.20 million. During the same period in the previous year, the company posted $0.08 earnings per share. Kemper Corporation’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts forecast that Kemper Corporation will post $1.79 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Monday, August 14th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Thursday, August 10th. Kemper Corporation’s payout ratio is presently 97.96%.

In related news, Director Susan D. Whiting purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The stock was bought at an average cost of $49.06 per share, with a total value of $49,060.00. Following the completion of the acquisition, the director now owns 1,000 shares of the company’s stock, valued at approximately $49,060. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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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Institutional Ownership by Quarter for Kemper Corporation (NYSE:KMPR)

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