Kemper Corp (NYSE:KMPR) shares were down 7% during mid-day trading on Wednesday . The stock traded as low as $50.85 and last traded at $53.55. Approximately 1,626,364 shares traded hands during mid-day trading, an increase of 599% from the average daily volume of 232,663 shares. The stock had previously closed at $57.55.

Several research analysts have issued reports on KMPR shares. Zacks Investment Research upgraded Kemper from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. ValuEngine lowered Kemper from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Two investment analysts have rated the stock with a hold rating and four have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $67.50.

The firm has a market cap of $2,971.32, a P/E ratio of 24.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.17 and a quick ratio of 0.17.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Tuesday, February 20th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Friday, February 16th. Kemper’s dividend payout ratio (DPR) is presently 43.24%.

Several institutional investors have recently modified their holdings of the company. Cutler Group LP purchased a new stake in shares of Kemper during the fourth quarter valued at approximately $111,000. Invictus RG purchased a new stake in shares of Kemper during the third quarter valued at approximately $207,000. Fiduciary Trust Co. purchased a new stake in shares of Kemper during the fourth quarter valued at approximately $217,000. Linscomb & Williams Inc. purchased a new stake in shares of Kemper during the fourth quarter valued at approximately $224,000. Finally, SVA Plumb Wealth Management LLC purchased a new stake in shares of Kemper during the fourth quarter valued at approximately $229,000. 58.07% of the stock is owned by hedge funds and other institutional investors.

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About Kemper

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.

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