Kemper (NYSE:KMPR) Given New $84.00 Price Target at TD Cowen

Kemper (NYSE:KMPR - Get Free Report) had its price target raised by TD Cowen from $72.00 to $84.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a "buy" rating on the insurance provider's stock. TD Cowen's target price points to a potential upside of 18.98% from the stock's current price.

Other research analysts have also issued reports about the company. JMP Securities reissued a "market outperform" rating and issued a $85.00 price target on shares of Kemper in a research report on Tuesday, October 15th. Piper Sandler boosted their price target on Kemper from $77.00 to $80.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. StockNews.com raised Kemper from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. UBS Group boosted their price target on Kemper from $67.00 to $71.00 and gave the stock a "buy" rating in a research report on Tuesday, August 13th. Finally, Raymond James boosted their price target on Kemper from $70.00 to $75.00 and gave the stock a "strong-buy" rating in a research report on Thursday, August 8th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $79.00.

Kemper Price Performance

NYSE KMPR traded up $0.07 during trading on Tuesday, hitting $70.60. 258,761 shares of the stock traded hands, compared to its average volume of 375,724. The company has a market capitalization of $4.52 billion, a P/E ratio of 16.81 and a beta of 0.85. The firm has a 50-day simple moving average of $63.11 and a 200-day simple moving average of $61.49. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.50. Kemper has a 12-month low of $40.93 and a 12-month high of $71.57.

Kemper (NYSE:KMPR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.28. The company had revenue of $1.18 billion during the quarter, compared to analysts' expectations of $1.07 billion. Kemper had a return on equity of 12.03% and a net margin of 5.86%. Kemper's revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.44) EPS. As a group, analysts predict that Kemper will post 5.17 EPS for the current year.

Institutional Trading of Kemper

A number of hedge funds have recently modified their holdings of the stock. Inspire Investing LLC raised its holdings in Kemper by 3.1% in the 2nd quarter. Inspire Investing LLC now owns 5,943 shares of the insurance provider's stock worth $353,000 after purchasing an additional 177 shares during the period. Atom Investors LP raised its holdings in shares of Kemper by 1.1% during the third quarter. Atom Investors LP now owns 19,240 shares of the insurance provider's stock valued at $1,178,000 after acquiring an additional 208 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Kemper by 114.7% during the third quarter. GAMMA Investing LLC now owns 541 shares of the insurance provider's stock valued at $33,000 after acquiring an additional 289 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Kemper by 3.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 10,076 shares of the insurance provider's stock valued at $598,000 after purchasing an additional 311 shares during the last quarter. Finally, Quarry LP increased its holdings in shares of Kemper by 105.1% in the second quarter. Quarry LP now owns 642 shares of the insurance provider's stock valued at $38,000 after purchasing an additional 329 shares during the last quarter. Hedge funds and other institutional investors own 86.23% of the company's stock.

About Kemper

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.