Press coverage about KKR & Co. L.P. (NYSE:KKR) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KKR & Co. L.P. earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave media stories about the asset manager an impact score of 46.4258730528768 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- An Eye on Data – KKR & Co LP (NYSE: KKR) – Stocks Pen (stockspen.com)
- KKR aims to raise $280 mln in first yen-bond sale – sources (finance.yahoo.com)
- American Tower, KKR are bidders for Altice NV’s towers – Nasdaq (nasdaq.com)
- American Tower, KKR are bidders for Altice NV’s towers – Bloomberg – euronews (euronews.com)
- KKR & Co. L.P. (KKR) Given New $28.00 Price Target at Bank of America (americanbankingnews.com)
KKR has been the subject of a number of recent analyst reports. Jefferies Group reiterated a “buy” rating and set a $26.00 price target on shares of KKR & Co. L.P. in a research report on Thursday, January 11th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $28.00 price target on shares of KKR & Co. L.P. in a research report on Thursday, January 11th. Sandler O’Neill set a $22.00 price target on shares of KKR & Co. L.P. and gave the company a “hold” rating in a research report on Friday, February 9th. ValuEngine cut shares of KKR & Co. L.P. from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 7th. Finally, TheStreet upgraded shares of KKR & Co. L.P. from a “c+” rating to a “b-” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $24.64.
KKR & Co. L.P. (NYSE:KKR) last posted its quarterly earnings data on Thursday, February 8th. The asset manager reported $0.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by ($0.04). KKR & Co. L.P. had a net margin of 30.52% and a return on equity of 9.34%. The business had revenue of $941.64 million during the quarter, compared to analysts’ expectations of $367.36 million. During the same period in the previous year, the business posted $0.40 EPS. The company’s revenue for the quarter was up 95.6% compared to the same quarter last year. analysts forecast that KKR & Co. L.P. will post 2.54 EPS for the current fiscal year.
The firm also recently disclosed a dividend, which was paid on Tuesday, March 6th. Stockholders of record on Tuesday, February 20th were paid a $0.17 dividend. This represents a dividend yield of 0.00802265219443134%. The ex-dividend date was Friday, February 16th. KKR & Co. L.P.’s payout ratio is 31.78%.
In other KKR & Co. L.P. news, major shareholder Holdings L.P. Valueact acquired 450,000 shares of the stock in a transaction dated Tuesday, February 6th. The stock was acquired at an average price of $21.70 per share, with a total value of $9,765,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
ILLEGAL ACTIVITY WARNING: “KKR & Co. L.P. (NYSE:KKR) Earning Somewhat Positive Media Coverage, Analysis Shows” was first posted by BBNS and is the sole property of of BBNS. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://baseballnewssource.com/2018/03/14/kkr-co-l-p-kkr-receives-daily-news-impact-rating-of-0-04/1974507.html.
About KKR & Co. L.P.
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.
Receive News & Ratings for KKR & Co. L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR & Co. L.P. and related companies with MarketBeat.com's FREE daily email newsletter.