How Have KKR & Co. Inc. (KKR) Insiders Been Trading?

KKR & Co. Inc. (NYSE:KKR) finished Wednesday with an addition of $0.48 to close at $65.77, an upside of 0.74 percent. An average of 2,627,040 shares of common stock have been traded in the last five days. There was a gain of $3.91 in the past week. The last 20 days have seen an average of 3,550,915 shares traded, while the 50-day average volume stands at 2,937,058.

KKR stock has increased by 3.75% in the last month. The company shares reached their 1-month lowest point of $59.42 on 09/28/21. With the stock rallying to its 52-week high on 08/09/21, shares of the company touched a low of $33.65 and a high of $67.81 in 52 weeks. In spite of this, the price is down -3.01% from the 52-week high.


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Insider Transactions

34 days have passed since KKR & Co. Inc. (KKR) last reported insider trading activity. KKR Group Partnership L.P., who is 10% Owner, most recently acquired $50,000,088 shares at $8.39 per share on Sep 10. In this transaction, the insider spent $419,500,738. 10% Owner, KKR Group Partnership L.P., disposed of 11,073,245 shares at a price of $33.25 on Aug 02. The insider now owns more than $368,185,396 worth of shares. Prior to that, General Counsel and Secretary Sorkin David went on to Sale 12,546 shares at $58.50 each on May 07. An amount of $733,941 was transacted.

Valuation Metrics

KKR & Co. Inc. (KKR) has a trailing price-to-earnings (P/E) ratio of 7.44, which compares with the 20.50 for the broader industry and 12.72 for the sector. In the last five years, KKR & Co. Inc.’s PE ratio has ranged between 137.07 and 5.226. The stock’s beta is 1.37. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.57, the price-to-book (PB) ratio at 2.59.

KKR & Co. Inc. pays a $0.58 dividend per share annually. It offers a dividend yield of 0.88%. The company has a payout ratio of 5.80%. The company’s most recent quarterly dividend payment took place on Aug. 31, and it was $0.1450 a share, without any change from last year. Its dividend has been increased for the last 1 consecutive years with the latest increase dividend $0.01 reported on Tuesday May 4 2021. Dividends have grown by -20.90% each year over the last three years.

KKR & Co. Inc. will next go ex-dividend on Co’s. The next dividend payment KKR & Co. Inc. will make is expected to be $15-Oct.

Further, the company has a long term debt to equity ratio of 2.55 and a total debt to equity ratio of 2.55 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 80.00% against a 5-year average of 48.4%. Its gross profit as reported stood at $1.3 billion compared to revenue of $4.23 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, KKR & Co. Inc.’s return on assets was 3.70%, compared to 2.3% over the last five years. In the past year, the return on investment has been 1.50%, and the 5-year average is 2.7%. Meanwhile, the return on equity (ROE) for the past 12 months has been 43.20% and the 5-year average holds at 14.6%. For the broader industry, ROE averaged 10.74 over the past year.

Earnings Surprise

The analyst consensus anticipated KKR & Co. Inc.’s latest quarter earnings to come in at $0.84 per share, but it turned out to be $1.05, a 25.00% surprise. For the quarter, EBITDA amounted to $1.28 billion. At the end of the quarter ending June 29, KKR & Co. Inc.’s stock balance sheet showed total debt was $39.15 billion. Shareholders own equity worth $583.03 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at KKR & Co. Inc. (KKR) price momentum. RSI 9-day as of the close on 13 October was 67.12%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.39%.

As of today, KKR’s price is $65.08 +6.32% or $3.91 from its 5-day moving average. KKR is currently trading +1.78% higher than its 20-day SMA and +19.06% higher than its 100-day SMA. However, the stock’s current price level is +1.50% above the SMA50 and +66.59% above the SMA200.

The stochastic %K and %D were 76.82% and 80.89%, respectively, and the average true range (ATR) was 1.75. With the 14-day stochastic at 80.28% and the average true range at 1.70, the RSI (14) stands at 61.32%. The stock has reached 2.04 on the 9-day MACD Oscillator while the 14-day reading was at 2.90.

Analyst Ratings

The consensus rating for KKR & Co. Inc. (KKR) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KKR, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 12 others rate it as a “buy”.

What is KKR’s price target for the next 12 months?

Analysts predict a range of price targets between $70.00 and $91.00, with a median target of $74.50. Taking a look at these predictions, the average price target given by analysts for KKR & Co. Inc. (KKR) stock is $77.17.

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