TKO Group Holdings, Inc. $TKO Shares Sold by Cooper Investors PTY Ltd.

Cooper Investors PTY Ltd. reduced its position in TKO Group Holdings, Inc. (NYSE:TKO) by 17.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,617 shares of the company’s stock after selling 21,609 shares during the quarter. TKO Group makes up about 7.3% of Cooper Investors PTY Ltd.’s investment portfolio, making the stock its 3rd biggest holding. Cooper Investors PTY Ltd. owned approximately 0.05% of TKO Group worth $22,074,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Cromwell Holdings LLC lifted its holdings in TKO Group by 1,360.0% during the 3rd quarter. Cromwell Holdings LLC now owns 146 shares of the company’s stock worth $29,000 after buying an additional 136 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of TKO Group in the 2nd quarter valued at approximately $34,000. Aventura Private Wealth LLC bought a new stake in shares of TKO Group in the 4th quarter valued at approximately $35,000. Atlantic Union Bankshares Corp raised its position in shares of TKO Group by 1,680.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 178 shares of the company’s stock valued at $36,000 after acquiring an additional 168 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of TKO Group during the 2nd quarter valued at approximately $36,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

TKO Group Price Performance

Shares of TKO opened at $189.14 on Monday. TKO Group Holdings, Inc. has a 12 month low of $133.07 and a 12 month high of $226.94. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a fifty day moving average price of $204.83 and a 200 day moving average price of $199.71. The company has a market cap of $36.72 billion, a P/E ratio of 84.06 and a beta of 0.66.

TKO Group (NYSE:TKO) last posted its earnings results on Wednesday, February 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.20). TKO Group had a net margin of 4.13% and a return on equity of 2.07%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the business posted $0.28 earnings per share. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. On average, research analysts forecast that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current year.

TKO Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a $0.78 dividend. The ex-dividend date is Monday, March 16th. This represents a $3.12 annualized dividend and a yield of 1.6%. TKO Group’s dividend payout ratio (DPR) is currently 138.67%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on TKO shares. Roth Mkm reaffirmed a “buy” rating and issued a $240.00 price objective on shares of TKO Group in a report on Thursday, February 12th. Susquehanna reissued a “positive” rating and set a $251.00 target price on shares of TKO Group in a report on Monday, January 19th. Wall Street Zen downgraded shares of TKO Group from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Morgan Stanley set a $210.00 price objective on shares of TKO Group in a research report on Thursday, December 18th. Finally, UBS Group increased their price objective on shares of TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, TKO Group currently has an average rating of “Moderate Buy” and an average price target of $231.73.

Insider Activity

In other TKO Group news, CFO Andrew M. Schleimer sold 11,978 shares of the business’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $201.98, for a total transaction of $2,419,316.44. Following the completion of the transaction, the chief financial officer directly owned 27,544 shares of the company’s stock, valued at $5,563,337.12. The trade was a 30.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark S. Shapiro sold 32,022 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $204.08, for a total transaction of $6,535,049.76. Following the completion of the transaction, the insider owned 104,842 shares of the company’s stock, valued at approximately $21,396,155.36. This trade represents a 23.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 168,802 shares of company stock valued at $34,480,366. Company insiders own 53.80% of the company’s stock.

TKO Group Company Profile

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.