UBS Group Has Lowered Expectations for Kemper (NYSE:KMPR) Stock Price

Kemper (NYSE:KMPR) had its target price dropped by analysts at UBS Group from $56.00 to $48.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the insurance provider’s stock. UBS Group’s price objective indicates a potential upside of 50.02% from the stock’s previous close.

A number of other analysts have also issued reports on the company. Citigroup lowered Kemper to a “market perform” rating in a report on Thursday, February 5th. Weiss Ratings lowered Kemper from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 17th. Zacks Research lowered Kemper from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. Wall Street Zen lowered Kemper from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Finally, Citizens Jmp lowered Kemper from an “outperform” rating to a “market perform” rating in a report on Thursday, February 5th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $54.50.

Kemper Stock Performance

KMPR opened at $32.00 on Wednesday. The firm has a market cap of $1.88 billion, a PE ratio of 14.61 and a beta of 1.14. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.35. The business has a fifty day simple moving average of $31.92 and a 200-day simple moving average of $38.89. Kemper has a fifty-two week low of $28.41 and a fifty-two week high of $66.13.

Kemper (NYSE:KMPR) last released its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.60). The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.22 billion. Kemper had a return on equity of 8.02% and a net margin of 2.99%.The business’s revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.78 earnings per share. As a group, equities analysts predict that Kemper will post 6.03 EPS for the current fiscal year.

Institutional Trading of Kemper

Hedge funds and other institutional investors have recently modified their holdings of the company. Huntington National Bank raised its holdings in shares of Kemper by 187.1% during the fourth quarter. Huntington National Bank now owns 646 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 421 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Kemper by 1,098.0% during the third quarter. Hantz Financial Services Inc. now owns 587 shares of the insurance provider’s stock worth $30,000 after acquiring an additional 538 shares in the last quarter. Signaturefd LLC purchased a new stake in shares of Kemper during the fourth quarter worth $32,000. Jones Financial Companies Lllp raised its holdings in shares of Kemper by 73.5% during the third quarter. Jones Financial Companies Lllp now owns 656 shares of the insurance provider’s stock worth $34,000 after acquiring an additional 278 shares in the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Kemper during the third quarter worth $36,000. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

About Kemper

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.