1 day Ago By ABMN Staff
American Century Companies Inc. increased its position in shares of TKO Group Holdings, Inc. ( NYSE:TKO – Free Report ) by 1,439.
7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 307,405 shares of the company’s stock after purchasing an additional 287,440 shares during the period. American Century Companies Inc.
owned 0.18% of TKO Group worth $33,197,000 at the end of the most recent quarter. A number of other institutional investors also recently bought and sold shares of the company.
American International Group Inc. increased its holdings in shares of TKO Group by 10.1% during the 4th quarter.
American International Group Inc. now owns 81,579 shares of the company’s stock worth $6,655,000 after buying an additional 7,456 shares during the last quarter. First Trust Bank Ltd.
purchased a new stake in TKO Group in the fourth quarter valued at $3,034,000. Charles Schwab Investment Management Inc. lifted its stake in shares of TKO Group by 17.
9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 366,442 shares of the company’s stock valued at $29,894,000 after purchasing an additional 55,662 shares during the last quarter.
Vanguard Group Inc. grew its holdings in shares of TKO Group by 20.1% during the 4th quarter.
Vanguard Group Inc. now owns 5,995,356 shares of the company’s stock worth $489,101,000 after purchasing an additional 1,002,121 shares during the period. Finally, Alberta Investment Management Corp acquired a new stake in shares of TKO Group during the 4th quarter worth about $5,111,000.
89.79% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In A number of research analysts have commented on the stock.
Bank of America initiated coverage on shares of TKO Group in a research report on Tuesday, August 20th. They issued a “buy” rating and a $140.00 target price on the stock.
TD Cowen lifted their target price on shares of TKO Group from $127.00 to $140.00 and gave the company a “buy” rating in a report on Monday, August 12th.
Morgan Stanley upped their price target on TKO Group from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Friday, August 9th.
Redburn Atlantic started coverage on TKO Group in a research note on Thursday, July 18th. They issued a “buy” rating and a $129.00 price objective for the company.
Finally, UBS Group increased their target price on TKO Group from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, August 9th.
Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, TKO Group currently has an average rating of “Moderate Buy” and an average price target of $127.
13. TKO Group Price Performance Shares of TKO opened at $121.09 on Wednesday.
The firm has a fifty day moving average price of $113.32 and a 200 day moving average price of $103.60.
The stock has a market cap of $20.62 billion, a PE ratio of -119.89 and a beta of 1.
04. TKO Group Holdings, Inc. has a 1-year low of $72.
33 and a 1-year high of $121.18. The company has a debt-to-equity ratio of 0.
34, a current ratio of 0.99 and a quick ratio of 0.99.
TKO Group ( NYSE:TKO – Get Free Report ) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
82 by ($0.10). TKO Group had a positive return on equity of 3.
10% and a negative net margin of 3.14%. The firm had revenue of $851.
20 million for the quarter, compared to analysts’ expectations of $771.54 million. During the same quarter in the prior year, the business earned $0.
91 EPS. The company’s quarterly revenue was up 178.9% compared to the same quarter last year.
As a group, sell-side analysts anticipate that TKO Group Holdings, Inc. will post 4.17 EPS for the current year.
Insider Activity at TKO Group In other TKO Group news, Director Nick Khan sold 22,693 shares of the firm’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $105.53, for a total transaction of $2,394,792.
29. Following the transaction, the director now directly owns 220,018 shares of the company’s stock, valued at approximately $23,218,499.54.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . In other news, insider Mark S. Shapiro sold 31,026 shares of the company’s stock in a transaction that occurred on Monday, September 16th.
The stock was sold at an average price of $114.76, for a total transaction of $3,560,543.76.
Following the completion of the sale, the insider now owns 42,156 shares in the company, valued at $4,837,822.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
Also, Director Nick Khan sold 22,693 shares of TKO Group stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $105.53, for a total transaction of $2,394,792.
29. Following the completion of the transaction, the director now owns 220,018 shares in the company, valued at $23,218,499.54.
The disclosure for this sale can be found here . 53.80% of the stock is owned by insiders.
About TKO Group ( Free Report ) TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.
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