KKR & Co. Inc. [KKR] Is Currently 11.64 below its 200 Period Moving Avg: What Does This Mean?

KKR & Co. Inc. [NYSE: KKR] stock went on an upward path that rose over 11.64% on Thursday, amounting to a one-week price increase of more than 16.30%. The company report on November 9, 2022 that GIP and KKR-led Consortium Enters Into Strategic Co-control Partnership With Vodafone to Invest in Vantage Towers AG.


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Two of the world’s leading infrastructure investors and Vodafone team up to jointly transform Vantage Towers into a leading player in the European telecoms tower sector.

The Consortium, as partner to Vodafone, will co-control Vodafone’s c. 81.7% stake in Vantage Towers and launch a public takeover offer to the minority shareholders of the company for the remaining c. 18.3%.

Over the last 12 months, KKR stock dropped by -25.88%. The one-year KKR & Co. Inc. stock forecast points to a potential upside of 10.61. The average equity rating for KKR stock is currently 1.90, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $47.65 billion, with 859.83 million shares outstanding and 738.68 million shares in the current float. Compared to the average trading volume of 3.21M shares, KKR stock reached a trading volume of 6763921 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on KKR & Co. Inc. [KKR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KKR shares is $63.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KKR stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for KKR & Co. Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 02, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Neutral. The new note on the price target was released on October 19, 2022, representing the official price target for KKR & Co. Inc. stock. Previously, the target price had yet another raise to $90, while Wells Fargo analysts kept a Overweight rating on KKR stock.

The Average True Range (ATR) for KKR & Co. Inc. is set at 2.19, with the Price to Sales ratio for KKR stock in the period of the last 12 months amounting to 4.57. The Price to Book ratio for the last quarter was 2.14, with the Price to Cash per share for the same quarter was set at 14.02.

KKR Stock Performance Analysis:

KKR & Co. Inc. [KKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.30. With this latest performance, KKR shares gained by 27.04% in over the last four-week period, additionally plugging by 16.73% over the last 6 months – not to mention a drop of -25.88% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KKR stock in for the last two-week period is set at 70.08, with the RSI for the last a single of trading hit 74.41, and the three-weeks RSI is set at 65.72 for KKR & Co. Inc. [KKR]. The present Moving Average for the last 50 days of trading for this stock 47.67, while it was recorded at 52.68 for the last single week of trading, and 53.00 for the last 200 days.

Insight into KKR & Co. Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and KKR & Co. Inc. [KKR] shares currently have an operating margin of +66.77 and a Gross Margin at +68.62. KKR & Co. Inc.’s Net Margin is presently recorded at +24.73.

Return on Equity for this stock inclined to 29.82, with Return on Assets sitting at 2.71.

KKR Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KKR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for KKR & Co. Inc. go to 4.31%.

KKR & Co. Inc. [KKR] Insider Position Details

There are presently around $25,645 million, or 55.30% of KKR stock, in the hands of institutional investors. The top three institutional holders of KKR stocks are: VANGUARD GROUP INC with ownership of 35,461,425, which is approximately 5.412% of the company’s market cap and around 11.90% of the total institutional ownership; BLACKROCK INC., holding 33,872,810 shares of the stock with an approximate value of $1.91 billion in KKR stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $1.76 billion in KKR stock with ownership of nearly 3.597% of the company’s market capitalization.

Positions in KKR & Co. Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 322 institutional holders increased their position in KKR & Co. Inc. [NYSE:KKR] by around 31,515,556 shares. Additionally, 349 investors decreased positions by around 35,305,455 shares, while 159 investors held positions by with 388,046,883 shares. The mentioned changes placed institutional holdings at 454,867,894 shares, according to the latest SEC report filing. KKR stock had 69 new institutional investments in for a total of 2,898,325 shares, while 108 institutional investors sold positions of 3,954,799 shares during the same period.

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