Kemper (NYSE:KMPR) PT Raised to $65.00

Kemper (NYSE:KMPRGet Free Report) had its price target hoisted by analysts at UBS Group from $60.00 to $65.00 in a note issued to investors on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the insurance provider’s stock. UBS Group’s price objective would suggest a potential upside of 12.65% from the stock’s previous close.

Several other equities analysts have also commented on the stock. JMP Securities decreased their target price on shares of Kemper from $85.00 to $75.00 and set a “market outperform” rating on the stock in a report on Tuesday, October 24th. Raymond James boosted their target price on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. Piper Sandler boosted their target price on shares of Kemper from $56.00 to $66.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Finally, TD Cowen initiated coverage on shares of Kemper in a research report on Wednesday, January 10th. They set an “outperform” rating and a $70.00 price objective for the company. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $70.67.

Read Our Latest Analysis on KMPR

Kemper Price Performance

Shares of Kemper stock opened at $57.70 on Monday. Kemper has a twelve month low of $38.32 and a twelve month high of $68.15. The company has a quick ratio of 0.21, a current ratio of 0.20 and a debt-to-equity ratio of 0.55. The company has a 50-day simple moving average of $51.55 and a two-hundred day simple moving average of $47.22. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of -13.58 and a beta of 0.93.

Insider Activity

In related news, Director Stuart B. Parker purchased 10,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was acquired at an average price of $41.40 per share, for a total transaction of $414,000.00. Following the purchase, the director now owns 48,152 shares of the company’s stock, valued at $1,993,492.80. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, Director George N. Cochran purchased 1,000 shares of the business’s stock in a transaction on Monday, November 27th. The stock was acquired at an average price of $42.75 per share, for a total transaction of $42,750.00. Following the purchase, the director now owns 26,622 shares of the company’s stock, valued at $1,138,090.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Stuart B. Parker purchased 10,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were bought at an average price of $41.40 per share, with a total value of $414,000.00. Following the purchase, the director now directly owns 48,152 shares in the company, valued at approximately $1,993,492.80. The disclosure for this purchase can be found here. Insiders bought a total of 16,400 shares of company stock worth $691,758 in the last three months. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Kemper

A number of hedge funds and other institutional investors have recently modified their holdings of KMPR. Blue Trust Inc. raised its holdings in shares of Kemper by 211.1% in the 4th quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 361 shares during the period. Gyon Technologies Capital Management LP bought a new stake in Kemper during the 4th quarter valued at $29,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in Kemper during the 3rd quarter valued at $31,000. Exchange Traded Concepts LLC bought a new stake in Kemper during the 3rd quarter valued at $32,000. Finally, PNC Financial Services Group Inc. raised its holdings in Kemper by 10.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,262 shares of the insurance provider’s stock valued at $111,000 after acquiring an additional 211 shares during the period. Hedge funds and other institutional investors own 78.93% of the company’s stock.

About Kemper

(Get Free Report)

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.

See Also

Analyst Recommendations for Kemper (NYSE:KMPR)

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