5 Best 52-Week Low Stocks to Buy Now

4. Kemper Corporation (NYSE: KMPR)

Number of Hedge Fund Holders: 11
Price as of August 1, 2021: $66.01 

Kemper Corporation (NYSE: KMPR) stock has declined 15% over the past twelve months. It is ranked fourth on our list of 10 best 52-week low stocks to buy now. The company is based in Illinois and markets insurance services. In earnings results for the second quarter, posted on July 29, the firm reported earnings per share of -$0.82, missing estimates by $2.19. The revenue over the period was $1.3 billion, up more than 22% compared to the revenue over the same period last year but missing predictions by $20 million. 

On July 19, investment advisory Raymond James downgraded Kemper Corporation (NYSE: KMPR) stock to Market Perform from Strong Buy and reduced the price target to $80 from $90, noting that inflation could limit upside potential for the stock in the near term. 

At the end of the first quarter of 2021, 11 hedge funds in the database of Insider Monkey held stakes worth $432 million in Kemper Corporation (NYSE: KMPR), down from 13 the preceding quarter worth $444 million.

In its Q2 2020 investor letter, Brown Advisory, an asset management firm, highlighted a few stocks and Kemper Corporation (NYSE: KMPR) was one of them. Here is what the fund said: 

“Kemper Corporation is a diversified insurance provider with a profitable specialty segment offering nonstandard private auto insurance coverage. The company is efficiently run by a disciplined management team and trades at an attractive valuation. As a result of well-executed acquisitions and organic growth, specialty now contributes to more than two thirds’ of Kemper’s net earned premiums. It is complemented by an improving preferred property and casualty business and stable life and health insurance operation that produces consistent cash flow.”