Global bond report - Unitrin
Unitrin bond falls for a third consecutive day, a three-day fall of 0.1% 04 May, 2017
NEWS BITES - BONDS
Unitrin Inc (UTR.GC) bond, has fallen 0.80c (or 0.01%) for a third consecutive day on Thursday bringing its three-day fall to 7.0c or 0.1%. The bond last traded at $US100.07. The yield to maturity has (YTM) decreased by 18.3 basis points from 1.93% to 1.748%.
1.1 Maturity & Coupon details
|Amount Outstanding||$US356 million|
|Dated Date||May 11, 2007|
|First Coupon Date||November 15, 2007|
|Interest Accrual Date||May 11, 2007|
1.2 Price change % & YTM
|Price Change %||-0.4||-1.1||-3.9|
|YTM change Basis Points||-18||25||8||35||-88|
RELATIVE VALUATION INDICATORS [RVI] TECHNICALS
2.1 Rank in Market
|Description||Value||Rank In Market|
|Price/MAP200||0.54||In Bottom 4%|
|Price/MAP50||0.62||In Bottom Quartile|
2.2 Price Dynamics
+ The price decreased 0.03% in the last week and 0.4% in the last month.
+ The present value of $US1,000 (PV$1000) invested one year ago in Unitrin is $US961, for a capital loss of $US39. The total return to investors for 1 year is -3.9%.
2.3 Oversold/Bullish/Support Signals
+ The Relative Strength Index (RSI) of 22.7 has breached the oversold line of 30, suggesting the price decrease in the last 14 days is unusually high.
2.4 Present Value in USD for Unitrin (UTR.GC) bond
+ The present value of USD1,000 (PV1000) invested five years ago is $US929, for a capital loss of $US71.
+ 5 years Multiplier in USD = 0.929x
+ Compound Annual Growth Rate (CAGR) in USD = -1.5%
KEY STATISTICS OF OTHER UNITRIN BONDS
3.1 Maturity and YTM
|Maturity||Yield to maturity %||Yrs to Maturity|
CREDIT RATING SUMMARY
|Rating Agency||Rating||Effective Date|
|Fitch||BBB-||June 13, 2014|
|Moody's||Baa3||December 16, 2014|
Kemper Corporation, through its subsidiaries, is engaged in property and casualty insurance, life and health insurance, and automobile finance businesses. The Company conducts its operations through five operating segments: Kemper, Unitrin Specialty, Unitrin Direct, Life and Health Insurance and Fireside Bank. On April 1, 2008, Unitrin completed the acquisition of Primesco, Inc. On June 3, 2008, Unitrin completed the sale of its Unitrin Business Insurance operations to AmTrust Financial Services, Inc.
6.1 Market Position
Kemper Corporation (NYSE:KMPR), NYSE's 46th largest Insurance company by market cap, sank $US5.60 (or 12.6%) year to date in 2017 to close at $US38.70. This means the stock has underperformed 85% of NYSE-listed stocks in 2017. Compared with the S&P 500 Index which has risen 6.7% YTD, this is a relative price change of -19.4%. The volume in 2017 equalled average trading of 142,814 shares in 2016. In 2017 the market cap has declined $US282.5 million.
6.2 Global Rank
Global Rank [out of 47,215 stocks]
|Total Assets (US$)||8.2B||2,854||Top|
|Net Profit (US$)||16.8M||11,674||Top|
|Return on Equity %||0.6||26,237||Third|
|Net Profit Margin %||0.5||25,894||Third|
|Price to Book||1.2||13,093||Second|
|PV$1000 (1Year) US$||1,280||13,502||Second|
|US$ Change (1Year) %||21.7||13,656||Second|
|Rel Strength 6 Mo (US$)||59||19,369||Second|