KKR & Co. L.P. (KKR) Getting Somewhat Positive Press Coverage, Analysis Shows

News articles about KKR & Co. L.P. (NYSE:KKR) have trended somewhat positive on Tuesday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KKR & Co. L.P. earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 46.9656053122097 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

KKR has been the topic of several research reports. ValuEngine upgraded KKR & Co. L.P. from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 30th. TheStreet raised KKR & Co. L.P. from a “c+” rating to a “b-” rating in a report on Wednesday, January 3rd. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $27.00 target price on shares of KKR & Co. L.P. in a report on Thursday, October 12th. Goldman Sachs Group raised KKR & Co. L.P. from a “neutral” rating to a “buy” rating in a report on Monday, October 16th. Finally, Morgan Stanley boosted their target price on KKR & Co. L.P. from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $22.33.

KKR & Co. L.P. (KKR) traded up $0.64 during trading on Tuesday, reaching $22.67. The company’s stock had a trading volume of 6,917,323 shares, compared to its average volume of 3,198,867. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. KKR & Co. L.P. has a twelve month low of $16.77 and a twelve month high of $23.06. The company has a market capitalization of $18,560.00, a P/E ratio of 11.39, a price-to-earnings-growth ratio of 0.67 and a beta of 1.52.

KKR & Co. L.P. (NYSE:KKR) last released its earnings results on Thursday, October 26th. The asset manager reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.06). KKR & Co. L.P. had a return on equity of 9.39% and a net margin of 35.65%. The company had revenue of $356.00 million during the quarter, compared to the consensus estimate of $314.80 million. During the same period last year, the firm posted $0.71 earnings per share. The company’s revenue was up 29.0% compared to the same quarter last year. equities analysts expect that KKR & Co. L.P. will post 2.44 EPS for the current fiscal year.

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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.

Insider Buying and Selling by Quarter for KKR & Co. L.P. (NYSE:KKR)

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