Quent Capital LLC Raises Stake in TKO Group Holdings, Inc. (NYSE:TKO)

Quent Capital LLC grew its stake in shares of TKO Group Holdings, Inc. (NYSE:TKOFree Report) by 113.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 673 shares of the company’s stock after purchasing an additional 358 shares during the period. Quent Capital LLC’s holdings in TKO Group were worth $55,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in TKO. Strengthening Families & Communities LLC purchased a new stake in shares of TKO Group during the 3rd quarter worth $26,000. Fifth Third Bancorp purchased a new stake in shares of TKO Group during the 3rd quarter worth $27,000. Covestor Ltd purchased a new stake in shares of TKO Group during the 3rd quarter worth $27,000. Baker Avenue Asset Management LP acquired a new position in shares of TKO Group during the 3rd quarter worth $36,000. Finally, Blue Trust Inc. acquired a new position in shares of TKO Group during the 4th quarter worth $37,000. 89.79% of the stock is currently owned by hedge funds and other institutional investors.

TKO Group Trading Up 0.0 %

Shares of TKO stock opened at $86.41 on Monday. The firm has a 50-day moving average price of $84.53 and a 200 day moving average price of $82.13. TKO Group Holdings, Inc. has a twelve month low of $72.33 and a twelve month high of $106.16. The company has a market capitalization of $14.86 billion, a price-to-earnings ratio of 127.07 and a beta of 1.06. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.33.

TKO Group (NYSE:TKOGet Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.59). TKO Group had a net margin of 3.02% and a return on equity of 3.11%. The company had revenue of $614.00 million for the quarter, compared to analyst estimates of $619.48 million. Research analysts forecast that TKO Group Holdings, Inc. will post 2.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Northcoast Research assumed coverage on TKO Group in a research note on Tuesday, February 6th. They set a “buy” rating and a $105.00 price target for the company. TD Cowen assumed coverage on TKO Group in a research note on Friday, January 12th. They set a “market perform” rating and a $92.00 price target for the company. Morgan Stanley assumed coverage on TKO Group in a research note on Wednesday, February 14th. They set an “equal weight” rating and a $95.00 price target for the company. Moffett Nathanson assumed coverage on TKO Group in a research note on Monday, January 29th. They set a “neutral” rating and a $95.00 price target for the company. Finally, Bank of America assumed coverage on TKO Group in a research note on Friday, March 15th. They set a “buy” rating and a $100.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $107.46.

Get Our Latest Stock Report on TKO Group

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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Institutional Ownership by Quarter for TKO Group (NYSE:TKO)

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