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

Cooper Investors PTY Ltd. decreased its holdings in TKO Group Holdings, Inc. (NYSE:TKO) by 17.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 105,617 shares of the company’s stock after selling 21,609 shares during the quarter. TKO Group accounts for approximately 7.3% of Cooper Investors PTY Ltd.’s holdings, making the stock its 3rd largest position. Cooper Investors PTY Ltd.’s holdings in TKO Group were worth $22,074,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Cromwell Holdings LLC raised its stake in shares of TKO Group by 1,360.0% during the third quarter. Cromwell Holdings LLC now owns 146 shares of the company’s stock valued at $29,000 after purchasing an additional 136 shares in the last quarter. Aventura Private Wealth LLC bought a new position in TKO Group in the 4th quarter valued at about $35,000. Atlantic Union Bankshares Corp increased its stake in 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 buying an additional 168 shares during the period. CYBER HORNET ETFs LLC acquired a new position in TKO Group during the 2nd quarter valued at about $34,000. Finally, Mather Group LLC. bought a new stake in shares of TKO Group during the 3rd quarter worth about $38,000. 89.79% of the stock is owned by institutional investors and hedge funds.

TKO Group Stock Performance

NYSE:TKO opened at $189.14 on Monday. The company has a 50-day moving average of $204.83 and a 200-day moving average of $199.71. The firm has a market cap of $36.72 billion, a price-to-earnings ratio of 84.06 and a beta of 0.66. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.43. TKO Group Holdings, Inc. has a twelve month low of $133.07 and a twelve month high of $226.94.

TKO Group (NYSE:TKO) last released its earnings results on Wednesday, February 25th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.20). TKO Group had a return on equity of 2.07% and a net margin of 4.13%.The business 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 firm earned $0.28 earnings per share. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Analysts forecast that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year.

TKO Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.78 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.12 annualized dividend and a dividend yield of 1.6%. TKO Group’s dividend payout ratio is currently 138.67%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TKO. Morgan Stanley set a $210.00 price target on shares of TKO Group in a research note on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of TKO Group in a report on Monday, December 29th. Susquehanna restated a “positive” rating and issued a $251.00 target price on shares of TKO Group in a research report on Monday, January 19th. Roth Mkm reaffirmed a “buy” rating and set a $240.00 price target on shares of TKO Group in a research note on Thursday, February 12th. Finally, Pivotal Research lifted their price target on TKO Group from $235.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Thirteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $231.73.

Insider Activity

In other news, CFO Shane Kapral sold 254 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $199.15, for a total transaction of $50,584.10. Following the completion of the sale, the chief financial officer directly owned 99 shares of the company’s stock, valued at $19,715.85. This trade represents a 71.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Seth D. Krauss sold 2,271 shares of TKO Group stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $200.71, for a total value of $455,812.41. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 168,802 shares of company stock worth $34,480,366. Insiders own 53.80% of the company’s stock.

About TKO Group

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.