KKR & Co. Inc (NYSE: KKR) is -4.97% lower on its value in year-to-date trading and has touched a low of $91.92 and a high of $170.40 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 $139.30 in the last trading session, with the day’s gains setting it 1.26%.
Currently trading at $140.56, the stock is -9.77% and -7.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing 0.90% at the moment leaves the stock 8.44% off its SMA200. KKR registered 46.60% gain for a year compared to 6-month gain of 18.74%. The firm has a 50-day simple moving average (SMA 50) of $152.7134 and a 200-day simple moving average (SMA200) of $129.62395.
The stock witnessed a -6.60% loss in the last 1 month and extending the period to 3 months gives it a -8.23%, and is -5.42% 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 2.74% over the week and 3.08% over the month.
KKR & Co. Inc (KKR) has around 4490 employees, a market worth around $124.85B and $24.77B in sales. Current P/E ratio is 42.96 and Fwd P/E is 19.25. Profit margin for the company is 12.42%. Distance from 52-week low is 52.92% and -17.51% from its 52-week high. The company has generated returns on investments over the last 12 months (4.13%).
with sales reaching $1.81B over the same period.The EPS is expected to grow by 23.95% this year, but quarterly earnings will post 30.62% year-over-year. Quarterly sales are estimated to grow 30.01% in year-over-year returns.
KKR & Co. Inc (KKR) Top Institutional Holders
1678.0 institutions hold shares in KKR & Co. Inc (KKR), with institutional investors hold 80.62% of the company’s shares. The shares outstanding are 888.23M, and float is at 675.85M with Short Float at 1.50%. Institutions hold 61.16% 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).
