KKR & Co. Inc (NYSE: KKR) is 16.22% higher on its value in year-to-date trading and has touched a low of $47.79 and a high of $103.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KKR stock was last observed hovering at around $95.84 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $96.29, the stock is -3.03% and -1.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.91 million and changing 0.47% at the moment leaves the stock 29.21% off its SMA200. KKR registered 85.49% gain for a year compared to 6-month gain of 59.82%.
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The stock witnessed a -0.42% loss in the last 1 month and extending the period to 3 months gives it a 18.07%, and is -3.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.74% over the week and 2.68% over the month.
KKR & Co. Inc (KKR) has around 4490 employees, a market worth around $85.22B and $16.45B in sales. Current P/E ratio is 23.55 and Fwd P/E is 15.88. Profit margin for the company is 22.38%. Distance from 52-week low is 101.49% and -6.95% from its 52-week high. The company has generated returns on investments over the last 12 months (5.19%).
The EPS is expected to grow by 40.15% this year.
KKR & Co. Inc (KKR) Top Institutional Holders
The shares outstanding are 885.01M, and float is at 668.87M with Short Float at 1.03%.
KKR & Co. Inc (KKR) Insider Activity
The most recent transaction is an insider sale by KKR Group Partnership L.P.,the company’s10% Owner. SEC filings show that KKR Group Partnership L.P. sold 6,000,000 shares of the company’s common stock on Apr 01 ’24 at a price of $10.74 per share for a total of $64.44 million. Following the sale, the insider now owns 0.0 shares.
KKR & Co. Inc disclosed in a document filed with the SEC on Mar 26 ’24 that KKR Alternative Assets LLC (10% Owner) bought a total of 571,429 shares of the company’s common stock. The trade occurred on Mar 26 ’24 and was made at $25.00 per share for $14.29 million. Following the transaction, the insider now directly holds 1.0 million shares of the KKR stock.
Still, SEC filings show that on Mar 13 ’24, KKR Alternative Assets LLC (10% Owner) acquired 286,402 shares at an average price of $24.94 for $7.14 million. The insider now directly holds 429,259 shares of KKR & Co. Inc (KKR).
