KKR & Co. Inc. Class A ($KKR) Stock Forecast: Down 2.2% Today

What is KKR & Co. Inc. Class A?

KKR & Co. Inc. (KKR) operates as a global investment firm providing financial services. The stock observed a significant downward trend in the market today.

Why is KKR & Co. Inc. Class A going down?

KKR stock is down 2.2% on Sep 3, 2024 14:38

• KKR's participation in the Barclays Global Financial Services Conference potentially triggered concerns among investors, leading to a decline in the stock.
• Recent news regarding exits and acquisitions in Q2 2024 may have influenced investor sentiment and signaled potential shifts in the company's strategy that caused uncertainty.
• Governance disclosures related to KKR Credit Income Fund possibly revealed information that unsettled investors, affecting the stock negatively.
• UBS raising questions about the value of Perpetual's agreement with KKR could have fueled skepticism towards the benefits of the partnership, impacting the stock's outlook.

KKR Price Chart

KKR Technical Analysis

KKR News

KKR to Present at the Barclays Global Financial Services Conference

KKR& Co. Inc. announced today that Raj Agrawal, Partner and Global Head of Infrastructure, will present at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 9:45 AM ET. KKR’ s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. For additional… The post KKR to Present at the Barclays Global Financial Services Conference appeared first on Insurance News | InsuranceNewsNet .

https://insurancenewsnet.com/oarticle/kkr-to-present-at-the-barclays-global-financial-services-conference

KKR to Present at the Barclays Global Financial Services Conference

KKR & Co. Inc. (NYSE: KKR) announced today that Raj Agrawal, Partner and Global Head of Infrastructure, will present at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 9:45 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. For those unable to listen to the Jetzt den vollständigen Artikel lesen

https://www.wallstreet-online.de/nachricht/18437528-kkr-to-present-at-the-barclays-global-financial-services-conference

Bill Nygren''s Strategic Exits and Acquisitions Highlight Q2 2024 Moves, with a Focus on KKR ...

Bill Nygren''s Strategic Exits and Acquisitions Highlight Q2 2024 Moves, with a Focus on KKR & Co Inc

https://www.gurufocus.com/news/2513153/bill-nygrens-strategic-exits-and-acquisitions-highlight-q2-2024-moves-with-a-focus-on-kkr-co-inc

KKR Credit Income Fund Governance Disclosures Published

KKR Credit Income fund Units (AU:KKC) has released an update. The KKR Credit Income Fund has disclosed its corporate governance practices for the f…

https://www.tipranks.com/news/company-announcements/kkr-credit-income-fund-governance-disclosures-published

Where’s the premium? UBS’s Sujit Dey questions Perpetual’s KKR deal

The leftover funds management business is worth about $12.83 a share, going off eight-times $183 after-tax profit on Dey’s count.

https://www.afr.com/street-talk/where-s-the-premium-ubs-s-sujit-dey-questions-perpetual-s-kkr-deal-20240829-p5k6b6

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KKR & Co. Inc. Class A Price History

03.08.2024 - KKR Stock was down 2.2%

• KKR's participation in the Barclays Global Financial Services Conference potentially triggered concerns among investors, leading to a decline in the stock.
• Recent news regarding exits and acquisitions in Q2 2024 may have influenced investor sentiment and signaled potential shifts in the company's strategy that caused uncertainty.
• Governance disclosures related to KKR Credit Income Fund possibly revealed information that unsettled investors, affecting the stock negatively.
• UBS raising questions about the value of Perpetual's agreement with KKR could have fueled skepticism towards the benefits of the partnership, impacting the stock's outlook.

07.01.2024 - KKR Stock was up 5.7%

• KKR reported fourth-quarter FY23 results that exceeded expectations, with asset management segment revenues beating consensus and after-tax adjusted distributable EPS surpassing estimates.
• The company's net investment income in the insurance segment also rose, reflecting positive performance in that area.
• KKR's Q4 earnings beat consensus, indicating strong financial performance and reflecting record FRE (fee-related earnings) and successful fundraising efforts.
• The stock's rise in Q4 earnings, beating estimates by 4%, likely contributed to the bullish movement.
• Overall, KKR's positive financial results and successful fundraising efforts likely drove the bullish market movement for the stock today.

06.04.2024 - KKR Stock was up 3.0%

• KKR's bullish movement can be attributed to the strategic joint venture with Healthcare Realty Trust, showcasing a strong partnership in the healthcare real estate sector.
• The acquisition of Healthium Medtech Ltd. from Apax Partners further solidifies KKR's presence in the medical devices industry, indicating potential growth opportunities.
• The joint venture's significant seed portfolio contribution by Healthcare Realty Trust valued at $383 million, with additional capital commitment from KKR, demonstrates a promising outlook for the collaboration and market expansion.
• Overall, KKR's diversified investments in healthcare-related ventures seem to have positively influenced the bullish market movement, reflecting investor confidence in the company's strategic moves and potential for growth in these sectors.

21.02.2024 - KKR Stock was up 5.5%

• KKR's acquisition of a majority stake in Avantus, a US-based renewable energy company, signals the firm's strategic move towards expanding its presence in the renewable energy sector.
• The investment in Avantus aligns with KKR's focus on sustainable investments, particularly in the renewable energy space, which is currently experiencing significant growth and government support.
• This acquisition not only diversifies KKR's portfolio but also positions the company to benefit from the increasing demand for renewable energy solutions in the US market.
• The market's positive reaction to this news reflects investor confidence in KKR's strategic decision-making and its ability to capitalize on the opportunities presented by the shift towards renewable energy sources.

10.03.2024 - KKR Stock was up 1.5%

• KKR & Co. released a presentation for its upcoming Investor Day, likely highlighting positive growth prospects and strategies, boosting investor confidence in the stock.
• The acquisition of KKR's stake in Findex by Mercury Capital could have injected fresh capital into KKR, signaling potential for future expansion and profitability.
• Despite KKR's loss in the IPL match, the positive sentiment around the team and its players, like former captain Eoin Morgan, might have generated increased brand visibility and goodwill for KKR & Co., indirectly impacting the stock positively.
• The potential sale of Telecom Italia's network to KKR, as discussed by the Economy Minister, could have hinted at lucrative investment opportunities for KKR, driving up the stock price.

10.05.2024 - KKR Stock was up 5.0%

• KKR stock surged 10% as investors anticipate its inclusion in the S&P 500 on June 21, following the index's quarterly rebalance.
• The news of joining the S&P 500 boosted investor confidence in KKR's financial stability and growth potential.
• This positive market sentiment was further reinforced by the overall market enthusiasm for companies like GoDaddy and CrowdStrike also entering the S&P 500, contributing to the bullish movement in KKR stock.
• The anticipation of increased visibility and investment from index-tracking funds likely drove the significant uptick in KKR's stock price today.

07.05.2024 - KKR Stock was down 5.4%

• KKR, GIP, and the Indo-Pacific group forming a $25 billion regional infrastructure tie-up could have signaled to investors a shift in focus towards long-term investments, potentially diverting attention and resources away from short-term gains in the stock, leading to a bearish movement.
• The news of Swisscom's Fastweb selling its stake in FiberCop to KKR for €439 million might have raised concerns among investors about KKR's capital allocation decisions or the potential impact on its financials, contributing to the bearish trend.
• KKR Partner celebrating Pride Month and emphasizing the importance of diverse workforces, while positive in nature, may not have directly influenced the stock movement today but could enhance the company's reputation in the long run.

15.04.2024 - KKR Stock was up 5.2%

• KKR's strong bullish movement today can be attributed to several factors:
• KKR's consistent outperformance of the market over the past decade, with an average annual return of 16.6%, showcasing the company's strong financial performance and investor confidence.
• The acquisition of a UK tech company for £333 million by KKR, highlighting the company's strategic expansion and growth in the technology sector.
• The announcement of a new opening combination in the Kolkata Knight Riders cricket team, with a player leaving for national duty and another likely to fill the vacancy, creating positive buzz around the team and potentially boosting KKR's brand visibility.
• The CEO's nonchalant response to an exchange between two individuals, indicating stability and confidence within the KKR leadership despite speculations, which could have reassured investors and stakeholders.

05.07.2024 - KKR Stock was up 8.1%

• KKR's net income soared by 49% in Q2, driven by higher fees, indicating strong financial performance and investor confidence.
• The acquisition of a majority interest in Avantus showcases KKR's strategic expansion and investment in promising ventures.
• Backing a significant loan for the buyout of Hargreaves Lansdown demonstrates KKR's involvement in high-value financial transactions, potentially boosting investor sentiment and confidence in the stock.
• Overall, KKR's recent financial successes and strategic investments have likely contributed to the bullish movement in its stock price today.

02.07.2024 - KKR Stock was down 8.9%

• KKR's net income soared by 49% in Q2, driven by higher fees, showcasing strong financial performance.
• The acquisition of a majority interest in Avantus and involvement in financing the buyout of Hargreaves Lansdown demonstrate KKR's active investment strategy.
• Despite positive financial results, the market movement could be influenced by profit-taking after a period of growth or broader market conditions impacting investor sentiment.
• The news of T-Mobile's strong Q2 earnings may have also shifted investor focus, leading to some selling pressure on KKR stock amidst sector rotation.

06.07.2024 - KKR Stock was up 5.1%

• KKR is a global investment firm specializing in private equity, energy, infrastructure, real estate, and credit strategies.
• Experienced a strong bullish movement today.
• The strategic acquisition of MercuryGate by Körber AG and KKR is enhancing their supply chain software business.
• Expected to expand global supply chain execution solutions, offering customers increased flexibility, scalability, and resilience.
• This move likely boosted investor confidence in KKR's growth prospects and market positioning, leading to the bullish market movement.

06.07.2024 - KKR Stock was up 5.5%

• KKR's net income increased by 49% in Q2 due to higher fees, demonstrating strong financial performance.
• The acquisition of a majority interest in Avantus and securing a significant development facility further underscores KKR's strategic expansion and investment in promising ventures.
• Positive sentiment towards KKR's involvement in financing the buyout and delisting of Hargreaves Lansdown has contributed to bullish movement, reflecting confidence in the company's investment decisions and financial capabilities.