K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Announces Quarterly Earnings Results

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) posted its earnings results on Friday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

K&F GROWTH ACQUISITION CORP. II Stock Performance

KFII opened at $10.43 on Friday. K&F GROWTH ACQUISITION CORP. II has a 52 week low of $9.95 and a 52 week high of $10.50. The business has a fifty day simple moving average of $10.40 and a 200-day simple moving average of $10.32.

Institutional Investors Weigh In On K&F GROWTH ACQUISITION CORP. II

A number of hedge funds and other institutional investors have recently made changes to their positions in KFII. Toronto Dominion Bank lifted its holdings in shares of K&F GROWTH ACQUISITION CORP. II by 45.6% during the 4th quarter. Toronto Dominion Bank now owns 218,364 shares of the company’s stock valued at $2,258,000 after buying an additional 68,364 shares during the last quarter. Rivernorth Capital Management LLC increased its holdings in K&F GROWTH ACQUISITION CORP. II by 2.0% in the fourth quarter. Rivernorth Capital Management LLC now owns 509,513 shares of the company’s stock worth $5,258,000 after buying an additional 9,769 shares during the last quarter. Radcliffe Capital Management L.P. increased its holdings in K&F GROWTH ACQUISITION CORP. II by 24.7% in the fourth quarter. Radcliffe Capital Management L.P. now owns 633,889 shares of the company’s stock worth $6,551,000 after buying an additional 125,598 shares during the last quarter. Glazer Capital LLC raised its position in K&F GROWTH ACQUISITION CORP. II by 2.5% during the fourth quarter. Glazer Capital LLC now owns 1,196,452 shares of the company’s stock valued at $12,347,000 after acquiring an additional 29,300 shares in the last quarter. Finally, L1 Global Manager Pty Ltd acquired a new stake in K&F GROWTH ACQUISITION CORP. II in the fourth quarter valued at approximately $2,585,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of K&F GROWTH ACQUISITION CORP. II in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About K&F GROWTH ACQUISITION CORP. II

K&F Growth Acquisition Corp. II is a Delaware-incorporated special purpose acquisition company (SPAC) that completed its initial public offering in late 2021. As a blank-check vehicle, the company was formed for the purpose of identifying and consummating a business combination with one or more operating businesses, thereby taking a target company public. It holds the proceeds of its IPO in a trust account pending the completion of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination.

The sponsor of K&F Growth Acquisition Corp.