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

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KKR ( KKR) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, KKR fell $0.53 (-2.3%) to $22.71 on average volume. Throughout the day, 2,053,715 shares of KKR exchanged hands as compared to its average daily volume of 2,532,900 shares. The stock ranged in price between $22.66-$23.29 after having opened the day at $23.22 as compared to the previous trading day's close of $23.24. Other companies within the Financial Services industry that declined today were: Regional Management ( RM), down 30.6%, Carlyle Group L P ( CG), down 6.2%, Credit Acceptance ( CACC), down 5.0% and World Acceptance ( WRLD), down 4.2%.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, distressed, and middle market investments. KKR has a market cap of $6.7 billion and is part of the financial sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate KKR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, expanding profit margins and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Tile Shop Holdings ( TTS), up 6.9%, Pzena Investment Management ( PZN), up 5.7%, Institutional Financial Markets ( IFMI), up 5.4% and Artisan Partners Asset Management ( APAM), up 4.1% , were all gainers within the financial services industry with Goldman Sachs Group ( GS) being today's featured financial services industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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