KKR & Co. Inc (NYSE: KKR) is 54.46% higher on its value in year-to-date trading and has touched a low of $53.72 and a high of $128.79 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 $126.54 in the last trading session, with the day’s gains setting it 1.43%.
Currently trading at $127.97, the stock is 6.39% and 9.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing 1.13% at the moment leaves the stock 27.76% off its SMA200. KKR registered 98.71% gain for a year compared to 6-month gain of 34.49%.
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The stock witnessed a 7.47% loss in the last 1 month and extending the period to 3 months gives it a 16.16%, and is 8.39% 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 2.86% over the week and 2.41% over the month.
KKR & Co. Inc (KKR) has around 4490 employees, a market worth around $113.57B and $23.68B in sales. Current P/E ratio is 30.22 and Fwd P/E is 21.07. Profit margin for the company is 16.32%. Distance from 52-week low is 138.24% and -0.64% from its 52-week high. The company has generated returns on investments over the last 12 months (5.42%).
with sales reaching $1.92B over the same period.The EPS is expected to grow by 35.61% this year, but quarterly earnings will post 21.90% year-over-year. Quarterly sales are estimated to grow 15.10% in year-over-year returns.
KKR & Co. Inc (KKR) Top Institutional Holders
1400.0 institutions hold shares in KKR & Co. Inc (KKR), with institutional investors hold 81.14% of the company’s shares. The shares outstanding are 885.01M, and float is at 672.23M with Short Float at 1.93%. Institutions hold 61.64% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 55.4 million shares valued at $5.83 billion. The investor’s holdings represent 6.2595% of the KKR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 43.39 million shares valued at $4.57 billion to account for 4.9025 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 41.81 million shares representing 4.7242% and valued at over $4.4 billion, while STATE STREET CORP holds 2.9629 of the shares totaling 26.22 million with a market value of $2.76 billion.
KKR & Co. Inc (KKR) Insider Activity
The most recent transaction is an insider sale by KKR Genetic Disorder L.P., the company’s 10% Owner. SEC filings show that KKR Genetic Disorder L.P. sold 5,800,000 shares of the company’s common stock on Sep 13 ’24 at a price of $25.75 per share for a total of $149.35 million. Following the sale, the insider now owns 25.26 million shares.
KKR & Co. Inc disclosed in a document filed with the SEC on Sep 11 ’24 that KKR Group Partnership L.P. (10% Owner) bought a total of 11,619,998 shares of the company’s common stock. The trade occurred on Sep 11 ’24 and was made at $11.13 per share for $129.33 million. Following the transaction, the insider now directly holds 92.96 million shares of the KKR stock.
Still, SEC filings show that on Jul 25 ’24, KKR Group Partnership L.P. (10% Owner) disposed off 2,554,644 shares at an average price of $18.85 for $48.16 million. The insider now directly holds 0 shares of KKR & Co. Inc (KKR).
