Fiduciary Trust Co. bought a new position in shares of Kemper Corporation (NYSE:KMPR) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,150 shares of the insurance provider’s stock, valued at approximately $122,000.

Several other large investors also recently modified their holdings of KMPR. Los Angeles Capital Management & Equity Research Inc. raised its stake in Kemper Corporation by 0.3% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 32,046 shares of the insurance provider’s stock valued at $1,237,000 after purchasing an additional 100 shares in the last quarter. Principal Financial Group Inc. raised its stake in Kemper Corporation by 4.3% during the second quarter. Principal Financial Group Inc. now owns 199,186 shares of the insurance provider’s stock valued at $7,689,000 after purchasing an additional 8,229 shares in the last quarter. IndexIQ Advisors LLC purchased a new stake in Kemper Corporation during the second quarter valued at $457,000. Prudential Financial Inc. raised its stake in Kemper Corporation by 0.4% during the second quarter. Prudential Financial Inc. now owns 31,925 shares of the insurance provider’s stock valued at $1,232,000 after purchasing an additional 140 shares in the last quarter. Finally, Virginia Retirement Systems ET AL raised its stake in Kemper Corporation by 40.1% during the second quarter. Virginia Retirement Systems ET AL now owns 21,300 shares of the insurance provider’s stock valued at $822,000 after purchasing an additional 6,100 shares in the last quarter. Hedge funds and other institutional investors own 56.10% of the company’s stock.

Shares of Kemper Corporation (NYSE KMPR) opened at 49.50 on Thursday. The stock has a market cap of $2.54 billion, a P/E ratio of 49.90 and a beta of 1.09. The stock has a 50 day moving average of $46.64 and a 200 day moving average of $41.29. Kemper Corporation has a 52 week low of $35.30 and a 52 week high of $50.00.

Kemper Corporation (NYSE:KMPR) last announced its earnings results on Tuesday, August 1st. The insurance provider reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.23. The company had revenue of $684.40 million for the quarter, compared to analysts’ expectations of $641.20 million. Kemper Corporation had a net margin of 1.95% and a return on equity of 1.26%. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.08 EPS. On average, analysts expect that Kemper Corporation will post $1.79 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Monday, August 14th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.96 annualized dividend and a dividend yield of 1.94%. Kemper Corporation’s payout ratio is 97.96%.

In other news, Director Susan D. Whiting purchased 1,000 shares of the stock in a transaction dated Tuesday, August 22nd. The shares were purchased at an average price of $49.06 per share, with a total value of $49,060.00. Following the transaction, the director now owns 1,000 shares in the company, valued at approximately $49,060. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.92% of the company’s stock.

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A number of equities research analysts recently issued reports on KMPR shares. BidaskClub downgraded shares of Kemper Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Zacks Investment Research downgraded shares of Kemper Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, July 14th. TheStreet raised shares of Kemper Corporation from a “c” rating to a “b” rating in a research note on Tuesday, August 1st. UBS AG raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Finally, Raymond James Financial, Inc. raised shares of Kemper Corporation from a “market perform” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a research note on Thursday, August 3rd. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. Kemper Corporation presently has a consensus rating of “Buy” and a consensus price target of $55.50.

About Kemper Corporation

Kemper Corporation (Kemper) is a diversified insurance holding company. The Company, through its subsidiaries, provides automobile, homeowners, life, health and other insurance products to individuals and businesses. The Company operates through two segments: Property & Casualty Insurance, and Life & Health Insurance.

Institutional Ownership by Quarter for Kemper Corporation (NYSE:KMPR)

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