KKR & Co LP (KKR): Today's Featured Financial Loser

KKR (KKR) pushed the Financial sector lower today making it today's featured Financial loser. The sector as a whole closed the day up 0.8%. By the end of trading, KKR fell 11 cents (-0.9%) to $11.81 on light volume. Throughout the day, 879,372 shares of KKR exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $11.68-$12.08 after having opened the day at $12.06 as compared to the previous trading day's close of $11.92. Other company's within the Financial sector that declined today were: Plumas Bancorp (PLBC), down 13.7%, Penson Worldwide (PNSN), down 12.8%, Millennium India Acquisition Corporation (SMCG), down 12.2%, and Paulson Capital (PLCC), down 11.9%.

Kohlberg Kravis Roberts & Co. is a private equity and venture capital firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments. KKR has a market cap of $2.78 billion and is part of the financial services industry. The company has a P/E ratio of 199.7, above the average financial services industry P/E ratio of 119.8 and above the S&P 500 P/E ratio of 17.7. Shares are down 8.4% year to date as of the close of trading on Monday. Currently there are eight analysts that rate KKR a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates KKR as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow.

• You can view the full KKR Ratings Report.

On the positive front, Colony Bankcorp (CBAN), up 14%, Rodman & Renshaw Capital Group (RODM), up 12%, Direct Markets Holdings (MKTS), up 12%, and Porter Bancorp (PBIB), up 12%, were all gainers within the financial sector with Wells Fargo (WFC) being today's featured financial sector winner.

• Use our financial section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR (XLF) while those bearish on the financial sector could consider Proshares Short Financials (SEF).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on KKR & Co LP click any of the following:

• KKR & Co LP Stock Price

• KKR & Co LP Analyst Ratings

• KKR & Co LP Key Stats & Profile

• KKR & Co LP Earnings

• KKR & Co LP Ratio Comparison

• KKR & Co LP Growth Rates

• KKR & Co LP Balance Sheet

• KKR & Co LP Cash Flow

• KKR & Co LP Income Statement