OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 9,000 Shares of TKO Group Holdings, Inc. $TKO

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in TKO Group Holdings, Inc. (NYSE:TKO) by 150.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 15,000 shares of the company’s stock after purchasing an additional 9,000 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in TKO Group were worth $3,135,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TKO. Elyxium Wealth LLC bought a new position in TKO Group in the 4th quarter valued at about $27,000. Torren Management LLC purchased a new stake in TKO Group in the 4th quarter valued at about $32,000. CYBER HORNET ETFs LLC purchased a new stake in TKO Group in the 2nd quarter valued at about $34,000. Aventura Private Wealth LLC purchased a new stake in TKO Group in the 4th quarter valued at about $35,000. Finally, MUFG Securities EMEA plc purchased a new stake in TKO Group in the 2nd quarter valued at about $36,000. Institutional investors own 89.79% of the company’s stock.

TKO Group Trading Down 1.2%

Shares of TKO stock opened at $200.92 on Tuesday. The company has a 50 day moving average of $193.67 and a 200-day moving average of $200.96. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.57. TKO Group Holdings, Inc. has a 12-month low of $152.29 and a 12-month high of $226.94. The firm has a market cap of $39.00 billion, a P/E ratio of 74.97 and a beta of 0.59.

TKO Group (NYSE:TKO) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.01. TKO Group had a net margin of 4.47% and a return on equity of 2.49%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the business posted $0.69 EPS. TKO Group’s quarterly revenue was up 25.9% compared to the same quarter last year. Sell-side analysts anticipate that TKO Group Holdings, Inc. will post 4.96 earnings per share for the current year.

TKO Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, June 15th. This is an increase from TKO Group’s previous quarterly dividend of $0.78. TKO Group’s dividend payout ratio (DPR) is 116.42%.

Insider Activity at TKO Group

In related news, CEO Ariel Emanuel purchased 10,805 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of $185.09 per share, for a total transaction of $1,999,897.45. Following the purchase, the chief executive officer directly owned 154,655 shares in the company, valued at approximately $28,625,093.95. This trade represents a 7.51% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark S. Shapiro purchased 10,807 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $185.05 per share, with a total value of $1,999,835.35. Following the purchase, the insider owned 129,207 shares in the company, valued at $23,909,755.35. The trade was a 9.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have purchased 24,308 shares of company stock worth $4,499,679. 64.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TKO has been the subject of several analyst reports. Zacks Research upgraded shares of TKO Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Roth Mkm set a $228.00 price objective on shares of TKO Group in a research note on Monday, May 4th. Citigroup lowered shares of TKO Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings upgraded shares of TKO Group from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Finally, Citizens Jmp initiated coverage on shares of TKO Group in a research note on Monday, March 30th. They issued a “mkt outperform” rating and a $240.00 price objective for the company. Eleven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $233.73.

TKO Group Profile

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.