Brokerages Set Kemper Corp (KMPR) Target Price at $78.00

Kemper Corp (NYSE:KMPR) has been assigned a consensus recommendation of “Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $80.00.

A number of research analysts have recently issued reports on KMPR shares. Keefe, Bruyette & Woods started coverage on Kemper in a report on Thursday, November 1st. They issued a “market perform” rating and a $80.00 price target on the stock. JMP Securities upgraded Kemper from a “market perform” rating to an “outperform” rating in a report on Tuesday, January 8th. Zacks Investment Research downgraded Kemper from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Finally, Sandler O’Neill upgraded Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd.

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Several large investors have recently made changes to their positions in the company. Oregon Public Employees Retirement Fund grew its stake in Kemper by 6,538.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,628,832 shares of the insurance provider’s stock worth $25,000 after buying an additional 1,604,294 shares during the last quarter. Enlightenment Research LLC purchased a new position in Kemper during the 4th quarter worth $27,000. Meeder Asset Management Inc. grew its stake in Kemper by 99.4% during the 4th quarter. Meeder Asset Management Inc. now owns 1,262 shares of the insurance provider’s stock worth $84,000 after buying an additional 629 shares during the last quarter. First Hawaiian Bank purchased a new position in Kemper during the 3rd quarter worth $105,000. Finally, Ruggie Capital Group purchased a new position in Kemper during the 4th quarter worth $127,000. Institutional investors and hedge funds own 65.61% of the company’s stock.

Shares of NYSE:KMPR traded down $0.57 on Friday, reaching $75.43. The company had a trading volume of 275,298 shares, compared to its average volume of 178,451. Kemper has a 52-week low of $50.85 and a 52-week high of $87.00. The company has a market capitalization of $4.92 billion, a PE ratio of 45.99 and a beta of 1.15. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.37.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 19th will be issued a $0.25 dividend. The ex-dividend date is Friday, February 15th. This is an increase from Kemper’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.33%. Kemper’s dividend payout ratio (DPR) is currently 58.54%.

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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