KKR & Co. Inc (NYSE: KKR) is -2.88% lower on its value in year-to-date trading and has touched a low of $80.20 and a high of $163.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KKR stock was last observed hovering at around $141.25 in the last trading session, with the day’s gains setting it 2.4%.
Currently trading at $143.65, the stock is -3.22% and -5.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing 1.70% at the moment leaves the stock 16.56% off its SMA200. KKR registered 75.46% gain for a year compared to 6-month gain of 24.96%. The firm has a 50-day simple moving average (SMA 50) of $151.1598 and a 200-day simple moving average (SMA200) of $123.02935.
The stock witnessed a -8.73% loss in the last 1 month and extending the period to 3 months gives it a 5.94%, and is -4.70% 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 3.22% over the week and 2.87% over the month.
KKR & Co. Inc (KKR) has around 4490 employees, a market worth around $127.59B and $26.75B in sales. Current P/E ratio is 44.44 and Fwd P/E is 23.63. Profit margin for the company is 11.18%. Distance from 52-week low is 79.11% and -12.24% from its 52-week high. The company has generated returns on investments over the last 12 months (4.02%).
with sales reaching $1.94B over the same period.The EPS is expected to grow by 36.89% this year, but quarterly earnings will post 26.53% year-over-year. Quarterly sales are estimated to grow 19.02% in year-over-year returns.
KKR & Co. Inc (KKR) Top Institutional Holders
1538.0 institutions hold shares in KKR & Co. Inc (KKR), with institutional investors hold 80.34% of the company’s shares. The shares outstanding are 887.45M, and float is at 676.08M with Short Float at 1.74%. Institutions hold 61.05% 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 Group Partnership L.P., the company’s 10% Owner. SEC filings show that KKR Group Partnership L.P. sold 956,462 shares of the company’s common stock on Nov 27 ’24 at a price of $29.99 per share for a total of $28.69 million. Following the sale, the insider now owns 0.0 shares.
KKR & Co. Inc disclosed in a document filed with the SEC on Nov 21 ’24 that KKR Group Partnership L.P. (10% Owner) sold a total of 5,274,246 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $309.97 per share for $1.63 billion. Following the transaction, the insider now directly holds 68037.0 shares of the KKR stock.
Still, SEC filings show that on Nov 18 ’24, KKR Group Partnership L.P. (10% Owner) disposed off 6,376,411 shares at an average price of $29.99 for $191.24 million. The insider now directly holds 0 shares of KKR & Co. Inc (KKR).
