Monitoring Kemper Corporation (KMPR) after recent insider movements

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Kemper Corporation’s recently made public that its Director Paracchini Alberto J acquired Company’s shares for reported $31815.0 on Feb 14. In the deal valued at $63.63 per share,500 shares were bought. As a result of this transaction, Paracchini Alberto J now holds 1,065 shares worth roughly $ 65604.0.


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Then, Whiting Susan D sold 1,000 shares, generating $66,540 in total proceeds. Upon selling the shares at $66.54, the Director now owns 9,098 shares.

Before that, Joyce Robert Joseph sold 4,000 shares. Kemper Corporation shares valued at $223,040 were divested by the Director at a price of $55.76 per share. As a result of the transaction, Joyce Robert Joseph now holds 19,898 shares, worth roughly $1.23 million.

Raymond James upgraded its Kemper Corporation [KMPR] rating to a Strong buy from a an Outperform in a research note published on Tuesday, February 07, 2023; the price target was increased to $80 from $60. PT values the company’s stock at a premium of 23.0 to its Tuesday closing price. A number of analysts have revised their coverage, including Credit Suisse’s analysts, who increased its forecast for the stock in late January from “an Underperform” to “a Neutral”. Raymond James also remained covering KMPR and has increased its forecast on November 04, 2022 with a “an Outperform” recommendation from previously “Mkt perform” rating. Credit Suisse started covering the stock on April 28, 2022. It rated KMPR as “an Underperform”.

Price Performance Review of KMPR

On Tuesday, Kemper Corporation [NYSE:KMPR] saw its stock fall -0.45% to $61.60. On the same session, the stock had its day’s lowest price of $61.53, but rose to a high of $62.72. Over the last five days, the stock has lost -4.00%. Kemper Corporation shares have risen nearly 25.20% since the year began. Nevertheless, the stocks have risen 15.20% over the past one year. While a 52-week high of $68.15 was reached on 02/07/23, a 52-week low of $40.65 was recorded on 01/03/23. SMA at 50 days reached $56.98, while 200 days put it at $50.53. A total of 0.52 million shares were traded, compared to the trading of 0.31 million shares in the previous session.

Levels Of Support And Resistance For KMPR Stock

The 24-hour chart illustrates a support level at 61.18, which if violated will result in even more drops to 60.76. On the upside, there is a resistance level at 62.37. A further resistance level may holdings at 63.14. The Relative Strength Index (RSI) on the 14-day chart is 51.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.91%. Stochastics %K at 8.00% indicates the stock is a buying.

How much short interest is there in Kemper Corporation?

A steep rise in short interest was recorded in Kemper Corporation stocks on Jan 30, 2023, dropping by 15930.0 shares to a total of 0.91 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2022 was 0.92 million shares. There was a decline of -1.75%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.60% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.34.

Kemper Corporation [KMPR] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 6,352,095 shares, or roughly 9.94% of the outstanding KMPR shares. In other words, the investor’s shares have risen by 152,248 from its previous 13-F filing of 6199847.0. Additionally, BlackRock Fund Advisors increased 11.40% of its stake after which the total value it holdings stand at $304,238,197, while T. Rowe Price Associates, Inc. added 1.46% of its stake to hold $285.83 million in the firm. Over the last quarter, Wellington Management Co. LLP purchased 329,761 shares of Kemper Corporation, while T. Rowe Price Investment Manageme bought -108,321 shares. At present, Fuller & Thaler Asset Management, is holding 3,695,876 shares valued at $217.06 million. Dimensional Fund Advisors LP owned 2,834,826 shares of the company at the time of its most recent 13F filing, worth $166.49 million.

According to FactSet, Kemper Corporation’s share price will average $69.80 in the next year, based on opinions of analysts polled by the firm. This is up nearly 9.89 percent from its previous closing price of $61.88. Analysts expect Kemper Corporation stock to reach the higher price of $85.00, while the lowest price estimate is $56.00. However, 7 analysts have rated KMPR stock as an Overweight in their predictions for 2023.

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