Kemper Corp (KMPR) Shares Bought by Securian Asset Management Inc

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Securian Asset Management Inc raised its stake in Kemper Corp (NYSE:KMPR) by 23.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,452 shares of the insurance provider’s stock after buying an additional 1,432 shares during the period. Securian Asset Management Inc’s holdings in Kemper were worth $600,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of KMPR. Amalgamated Bank lifted its holdings in shares of Kemper by 12.0% during the second quarter. Amalgamated Bank now owns 6,407 shares of the insurance provider’s stock worth $485,000 after purchasing an additional 685 shares during the period. Bank of Montreal Can lifted its holdings in shares of Kemper by 5.2% during the second quarter. Bank of Montreal Can now owns 14,418 shares of the insurance provider’s stock worth $1,090,000 after purchasing an additional 715 shares during the period. Vident Investment Advisory LLC lifted its holdings in shares of Kemper by 1.5% during the second quarter. Vident Investment Advisory LLC now owns 51,420 shares of the insurance provider’s stock worth $3,890,000 after purchasing an additional 771 shares during the period. Arizona State Retirement System lifted its holdings in shares of Kemper by 2.7% during the second quarter. Arizona State Retirement System now owns 33,992 shares of the insurance provider’s stock worth $2,571,000 after purchasing an additional 909 shares during the period. Finally, OLD National Bancorp IN lifted its holdings in shares of Kemper by 18.2% during the second quarter. OLD National Bancorp IN now owns 8,274 shares of the insurance provider’s stock worth $626,000 after purchasing an additional 1,274 shares during the period. Hedge funds and other institutional investors own 50.51% of the company’s stock.

In related news, SVP John Michael Boschelli sold 20,250 shares of Kemper stock in a transaction on Tuesday, August 7th. The shares were sold at an average price of $76.50, for a total transaction of $1,549,125.00. Following the completion of the transaction, the senior vice president now owns 20,789 shares of the company’s stock, valued at $1,590,358.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Carl Thomas Jr. Evans sold 2,000 shares of Kemper stock in a transaction on Friday, August 24th. The stock was sold at an average price of $78.70, for a total transaction of $157,400.00. Following the transaction, the vice president now directly owns 965 shares of the company’s stock, valued at approximately $75,945.50. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

Shares of NYSE:KMPR opened at $75.91 on Wednesday. The firm has a market cap of $4.76 billion, a PE ratio of 46.29 and a beta of 1.15. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. Kemper Corp has a 52 week low of $50.85 and a 52 week high of $87.00.

Kemper (NYSE:KMPR) last announced its earnings results on Monday, July 30th. The insurance provider reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.03. Kemper had a net margin of 6.24% and a return on equity of 7.80%. The business had revenue of $741.90 million during the quarter, compared to the consensus estimate of $706.27 million. During the same quarter last year, the firm earned $0.71 earnings per share. Kemper’s quarterly revenue was up 8.4% on a year-over-year basis. Equities analysts anticipate that Kemper Corp will post 4.42 earnings per share for the current year.

A number of brokerages have recently commented on KMPR. Zacks Investment Research upgraded shares of Kemper from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a report on Friday, August 3rd. ValuEngine lowered shares of Kemper from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. Finally, Sandler O’Neill upgraded shares of Kemper from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd.

Kemper Profile

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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Institutional Ownership by Quarter for Kemper (NYSE:KMPR)

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