Treasurer of the State of North Carolina Makes New Investment in Kemper Corp (NYSE:KMPR)

Treasurer of the State of North Carolina bought a new position in shares of Kemper Corp (NYSE:KMPR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,130 shares of the insurance provider’s stock, valued at approximately $2,514,000.

Several other large investors have also modified their holdings of the business. Oppenheimer Asset Management Inc. bought a new position in shares of Kemper during the second quarter worth about $51,000. Parallel Advisors LLC bought a new position in shares of Kemper during the second quarter worth about $69,000. TRUE Private Wealth Advisors bought a new position in shares of Kemper during the second quarter worth about $75,000. FNY Investment Advisers LLC bought a new position in shares of Kemper during the second quarter worth about $80,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Kemper during the second quarter worth about $105,000. 68.83% of the stock is currently owned by institutional investors.

In related news, Director Robert Joseph Joyce purchased 500 shares of Kemper stock in a transaction dated Friday, August 30th. The stock was acquired at an average cost of $69.75 per share, with a total value of $34,875.00. Following the completion of the transaction, the director now directly owns 12,196 shares of the company’s stock, valued at $850,671. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kimberly A. Holmes purchased 2,600 shares of Kemper stock in a transaction dated Friday, September 13th. The stock was bought at an average cost of $75.35 per share, with a total value of $195,910.00. Following the completion of the transaction, the executive vice president now directly owns 2,600 shares of the company’s stock, valued at $195,910. The disclosure for this purchase can be found here. 1.40% of the stock is owned by corporate insiders.



Several equities analysts have recently commented on the stock. William Blair lowered shares of Kemper from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 22nd. Zacks Investment Research lowered shares of Kemper from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. UBS Group started coverage on shares of Kemper in a research report on Monday, September 9th. They issued a “buy” rating and a $87.00 target price for the company. Finally, ValuEngine upgraded shares of Kemper from a “sell” rating to a “hold” rating in a research report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $86.25.

NYSE KMPR traded up $0.68 on Wednesday, reaching $74.41. The company’s stock had a trading volume of 33 shares, compared to its average volume of 348,104. Kemper Corp has a twelve month low of $61.57 and a twelve month high of $91.97. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.27 and a current ratio of 0.27. The stock has a market cap of $5.04 billion, a PE ratio of 17.06 and a beta of 1.24. The firm’s 50 day moving average is $74.32 and its two-hundred day moving average is $82.05.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Monday, August 5th. The insurance provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.02. Kemper had a net margin of 7.83% and a return on equity of 10.84%. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the firm earned $0.70 earnings per share. The business’s quarterly revenue was up 71.9% on a year-over-year basis. Equities research analysts anticipate that Kemper Corp will post 5.65 EPS for the current fiscal year.

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. It operates through three segments: Preferred Property & Casualty Insurance, Specialty Property & Casualty Insurance, and Life and Health Insurance.

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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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