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KKR Stock Forecast: All the More Reason to Consider KKR & Co. Inc (KKR) Now

KKR & Co. Inc (NYSE: KKR) is 27.44% higher on its value in year-to-date trading and has touched a low of $53.72 and a high of $113.91 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 $105.07 in the last trading session, with the day’s gains setting it 0.51%.

Currently trading at $105.58, the stock is -1.61% and 1.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.8 million and changing 0.49% at the moment leaves the stock 21.95% off its SMA200. KKR registered 92.42% gain for a year compared to 6-month gain of 29.91%.

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The stock witnessed a 6.12% loss in the last 1 month and extending the period to 3 months gives it a 3.87%, and is 1.02% up 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 2.05% over the week and 2.56% over the month.

KKR & Co. Inc (KKR) has around 4490 employees, a market worth around $93.69B and $22.72B in sales. Current P/E ratio is 23.66 and Fwd P/E is 17.35. Profit margin for the company is 17.78%. Distance from 52-week low is 96.56% and -7.31% from its 52-week high. The company has generated returns on investments over the last 12 months (5.76%).

with sales reaching $1.56B over the same period.The EPS is expected to grow by 36.28% this year, but quarterly earnings will post 17.70% year-over-year. Quarterly sales are estimated to grow 7.60% in year-over-year returns.

KKR & Co. Inc (KKR) Top Institutional Holders

The shares outstanding are 885.01M, and float is at 671.29M with Short Float at 1.18%.

KKR & Co. Inc (KKR) Insider Activity

The most recent transaction is an insider sale by KKR Phorm Investors L.P.,the company’s10% Owner. SEC filings show that KKR Phorm Investors L.P. sold 24,411,968 shares of the company’s common stock on Jun 20 ’24 at a price of $5.10 per share for a total of $124.5 million. Following the sale, the insider now owns 0.0 shares.

KKR & Co. Inc disclosed in a document filed with the SEC on Jun 04 ’24 that KKR Alternative Assets LLC (10% Owner) bought a total of 1,956,182 shares of the company’s common stock. The trade occurred on Jun 04 ’24 and was made at $25.56 per share for $50.0 million. Following the transaction, the insider now directly holds 9.69 million shares of the KKR stock.

Still, SEC filings show that on May 23 ’24, KKR Group Partnership L.P. (10% Owner) disposed off 17,500,000 shares at an average price of $12.48 for $218.4 million. The insider now directly holds 33,133,123 shares of KKR & Co. Inc (KKR).

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