Kemper Corp (KMPR) Holdings Trimmed by Laurion Capital Management LP

Laurion Capital Management LP decreased its position in shares of Kemper Corp (NYSE:KMPR) by 47.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,141 shares of the insurance provider’s stock after selling 9,000 shares during the period. Laurion Capital Management LP’s holdings in Kemper were worth $767,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Principal Financial Group Inc. raised its stake in Kemper by 3.3% during the first quarter. Principal Financial Group Inc. now owns 214,511 shares of the insurance provider’s stock worth $12,227,000 after purchasing an additional 6,888 shares during the period. Schwab Charles Investment Management Inc. raised its stake in Kemper by 1.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 356,391 shares of the insurance provider’s stock worth $26,961,000 after purchasing an additional 5,912 shares during the period. Old Mutual Global Investors UK Ltd. purchased a new position in Kemper during the first quarter worth approximately $17,213,000. Sei Investments Co. raised its stake in Kemper by 190.5% during the second quarter. Sei Investments Co. now owns 16,311 shares of the insurance provider’s stock worth $1,234,000 after purchasing an additional 10,696 shares during the period. Finally, KBC Group NV purchased a new position in Kemper during the second quarter worth approximately $1,253,000. 52.35% of the stock is currently owned by institutional investors and hedge funds.

KMPR has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Kemper from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research note on Friday, August 3rd. ValuEngine downgraded shares of Kemper from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd.

In other news, Director George N. Cochran purchased 500 shares of the stock in a transaction that occurred on Wednesday, September 12th. The stock was acquired at an average cost of $83.55 per share, with a total value of $41,775.00. Following the acquisition, the director now owns 9,428 shares in the company, valued at $787,709.40. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP John Michael Boschelli sold 20,250 shares of the firm’s 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 sale, the senior vice president now directly owns 20,789 shares of the company’s stock, valued at $1,590,358.50. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Shares of KMPR stock opened at $81.28 on Tuesday. Kemper Corp has a 52 week low of $50.85 and a 52 week high of $87.00. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $5.21 billion, a PE ratio of 49.56 and a beta of 1.15.

Kemper (NYSE:KMPR) last issued its earnings results on Monday, July 30th. The insurance provider reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate 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 for the quarter, compared to the consensus estimate of $706.27 million. During the same quarter last year, the firm posted $0.71 EPS. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, equities analysts expect that Kemper Corp will post 4.55 earnings per share for the current year.

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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