Kemper (KMPR) Upgraded to “Outperform” at JMP Securities

JMP Securities upgraded shares of Kemper (NYSE:KMPR) from a market perform rating to an outperform rating in a report released on Tuesday, Marketbeat reports.

A number of other equities analysts have also recently weighed in on KMPR. Zacks Investment Research raised shares of Kemper from a sell rating to a hold rating in a research note on Wednesday, November 7th. Sandler O’Neill raised shares of Kemper from a hold rating to a buy rating in a research note on Tuesday, October 23rd. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Kemper in a research note on Thursday, November 1st. They set a market perform rating and a $80.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of Buy and a consensus target price of $78.00.

Shares of KMPR opened at $71.06 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.27 and a current ratio of 0.27. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of 43.33 and a beta of 1.16. Kemper has a 1 year low of $50.85 and a 1 year high of $87.00.



Kemper (NYSE:KMPR) last announced its quarterly earnings data on Monday, November 5th. The insurance provider reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.39. Kemper had a net margin of 6.63% and a return on equity of 9.56%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the company posted $0.85 EPS. Kemper’s revenue was up 73.2% compared to the same quarter last year. As a group, equities research analysts expect that Kemper will post 4.33 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the stock. State Board of Administration of Florida Retirement System boosted its position in shares of Kemper by 3.0% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 25,438 shares of the insurance provider’s stock worth $2,046,000 after buying an additional 732 shares in the last quarter. Vident Investment Advisory LLC boosted its position in shares of Kemper by 1.5% in the 2nd quarter. Vident Investment Advisory LLC now owns 51,420 shares of the insurance provider’s stock worth $3,890,000 after buying an additional 771 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Kemper by 15.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,917 shares of the insurance provider’s stock worth $475,000 after buying an additional 802 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Kemper by 20.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 5,053 shares of the insurance provider’s stock worth $407,000 after buying an additional 860 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its position in shares of Kemper by 12.1% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,975 shares of the insurance provider’s stock worth $642,000 after buying an additional 863 shares in the last quarter. Institutional investors and hedge funds own 65.35% of the company’s stock.

About Kemper

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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