KKR & Co. L.P. (KKR) Earns News Sentiment Rating of 0.15
Media headlines about KKR & Co. L.P. (NYSE:KKR) have trended somewhat positive on Monday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KKR & Co. L.P. earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 45.7099536580288 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- KKR & Co. L.P. (KKR) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
- Toys ‘R’ Us Preparing for Possible Bankruptcy Filing – Fortune (fortune.com)
- KKR L P : Building the Highways 2.0 – From Fibre Optic Internet to Telecom Towers (4-traders.com)
- Reviewing KKR & Co. L.P. (KKR) and Eaton Vance Corporation (EV) (americanbankingnews.com)
- KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.37 Per Share of Common Stock (enhancedonlinenews.com)
KKR has been the subject of a number of recent research reports. ValuEngine lowered shares of KKR & Co. L.P. from a “strong-buy” rating to a “buy” rating in a report on Friday, September 8th. Zacks Investment Research upgraded shares of KKR & Co. L.P. from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Thursday, September 7th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $23.00 price objective on shares of KKR & Co. L.P. in a report on Tuesday, May 30th. Jefferies Group LLC restated a “buy” rating on shares of KKR & Co. L.P. in a report on Friday, June 30th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $19.00 price objective (up from $18.00) on shares of KKR & Co. L.P. in a report on Monday, July 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. KKR & Co. L.P. currently has an average rating of “Buy” and a consensus target price of $21.30.
Shares of KKR & Co. L.P. (NYSE:KKR) opened at 18.93 on Monday. KKR & Co. L.P. has a 12-month low of $13.57 and a 12-month high of $20.34. The company’s 50-day moving average is $18.74 and its 200-day moving average is $18.48. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 8.11 and a beta of 1.53.
KKR & Co. L.P. (NYSE:KKR) last posted its quarterly earnings data on Thursday, July 27th. The asset manager reported $0.89 EPS for the quarter, topping the consensus estimate of $0.63 by $0.26. The company had revenue of $365.16 million during the quarter, compared to analyst estimates of $300.74 million. KKR & Co. L.P. had a net margin of 42.48% and a return on equity of 11.45%. During the same period in the previous year, the firm earned $0.19 earnings per share. Analysts predict that KKR & Co. L.P. will post $2.65 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 22nd. Shareholders of record on Monday, August 7th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 3.59%. The ex-dividend date was Thursday, August 3rd. KKR & Co. L.P.’s payout ratio is 28.22%.
In other news, Director Robert W. Scully acquired 55,000 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was bought at an average cost of $18.21 per share, with a total value of $1,001,550.00. Following the completion of the purchase, the director now directly owns 49,495 shares of the company’s stock, valued at $901,303.95. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
KKR & Co. L.P. Company Profile
KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.
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