Piper Sandler Boosts Kemper (NYSE:KMPR) Price Target to $86.00

Kemper (NYSE:KMPR) had its price objective boosted by investment analysts at Piper Sandler from $83.00 to $86.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the insurance provider’s stock. Piper Sandler’s price objective would suggest a potential upside of 25.92% from the company’s current price.

A number of other research firms have also weighed in on KMPR. TD Cowen raised their target price on shares of Kemper from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Raymond James raised their target price on shares of Kemper from $75.00 to $82.00 and gave the stock a “strong-buy” rating in a research note on Thursday, December 26th. JMP Securities reissued a “market outperform” rating and issued a $85.00 target price on shares of Kemper in a research note on Tuesday, October 15th. Finally, StockNews.com raised shares of Kemper from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $81.60.

Kemper Trading Down 1.7 %

KMPR stock opened at $68.30 on Thursday. The company has a current ratio of 0.22, a quick ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper has a 12-month low of $54.11 and a 12-month high of $73.01. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 16.26 and a beta of 0.88. The business’s 50-day moving average is $66.53 and its 200 day moving average is $64.49.

Kemper (NYSE:KMPR) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.40. Kemper had a return on equity of 12.03% and a net margin of 5.86%. On average, sell-side analysts anticipate that Kemper will post 5.49 EPS for the current fiscal year.

Institutional Trading of Kemper

Several institutional investors have recently made changes to their positions in KMPR. GAMMA Investing LLC raised its position in shares of Kemper by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider’s stock valued at $33,000 after buying an additional 289 shares during the period. CWM LLC raised its position in shares of Kemper by 195.2% during the 3rd quarter. CWM LLC now owns 10,399 shares of the insurance provider’s stock valued at $637,000 after buying an additional 6,876 shares during the period. Inspire Investing LLC increased its holdings in Kemper by 13.1% in the 3rd quarter. Inspire Investing LLC now owns 6,722 shares of the insurance provider’s stock valued at $412,000 after purchasing an additional 779 shares during the last quarter. Oliver Luxxe Assets LLC increased its holdings in Kemper by 104.3% in the 3rd quarter. Oliver Luxxe Assets LLC now owns 18,834 shares of the insurance provider’s stock valued at $1,154,000 after purchasing an additional 9,616 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in Kemper by 83.3% in the 3rd quarter. Blue Trust Inc. now owns 2,227 shares of the insurance provider’s stock valued at $132,000 after purchasing an additional 1,012 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Kemper Company Profile

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.