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

KKR ( KKR) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day up 1%. By the end of trading, KKR fell 6 cents (-0.5%) to $11.75 on light volume. Throughout the day, 529,555 shares of KKR exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in price between $11.75-$12.03 after having opened the day at $11.75 as compared to the previous trading day's close of $11.81. Other company's within the Financial Services industry that declined today were: Ampal-American Israel Corporation ( AMPL), down 8.7%, Dominion Resources Black Warrior ( DOM), down 7.6%, Millennium India Acquisition Corporation ( SMCG), down 3.9%, and North European Oil Royalty ( NRT), down 3.8%.

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 $2.73 billion and is part of the financial sector. The company has a P/E ratio of 195.7, above the average financial services industry P/E ratio of 117.4 and above the S&P 500 P/E ratio of 17.7. Shares are down 8% 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.

On the positive front, Siebert Financial Corporation ( SIEB), up 8.2%, Mesa Royalty ( MTR), up 6.7%, Walter Investment Management ( WAC), up 6.4%, and IntercontinentalExchange ( ICE), up 5.3%, were all gainers within the financial services industry with Morgan Stanley ( MS) being today's featured financial services industry winner.

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