Looking at top Wall Street opinions, KKR & Co. Inc. (NYSE: KKR) has recently made its way into the research list of Credit Suisse – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of Credit Suisse, whereas its previous rating was Outperform in the eyes of Credit Suisse, as reported on Tuesday, May 21st, 2019. Another heavy-hitting research note was published by Bernstein on Tuesday April 2nd, 2019, with this firm downgrading KKR to an updated rating of Underperform from its previous rating of Mkt Perform. In the past six months and three months of trading, shares of KKR & Co. Inc. (KKR) have moved by 14.48% and 3.67%, respectively.
Brokerage Updates Related to KKR & Co. Inc. (KKR) Stock
This publicly-traded organization generated gains of 1.99% over the last 5 sessions. Right now, this stock is the subject of 13 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 5 have given a rating of Buy or better. Based on the 13 stock market experts following this company, the average 12-month price target is $29.67. Moreover, individual price targets range between $25.00-$34.50. With its recent move to $30.50, we can see that these firms project this stock will gain by 4.61% in one year.
Updates from KKR & Co. Inc. (KKR) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A General Counsel and Secretary at KKR & Co. Inc. (KKR) sold off some of its shares in a transaction that was finalized on May 02. Similarly, KKR Management Holdings L.P. sold 1,750,000 shares of the organization’s stock at $20.00 apiece and racked up $35,000,000 in earnings from the sale. Now, KKR Management Holdings L.P. holds 2,008,616 shares of the company following the exchange. A 10% Owner of the organization named KKR Fund Holdings L.P., was engaged in a transaction that occurred on Nov 19 that managed to be worth $404,181,212 from the sale of 10,054,259 common shares at a price of $40.20 per individual share.
KKR & Co. Inc. (NYSE:KKR) Results in the Pipeline
The next scheduled release of financial results for KKR & Co. Inc. will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.37. In the same vein, they expect sales for the quarter to amount to $812.87 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $850.06 million in revenue alongside EPS at $0.38. On average, the analyst projection was calling for $1,075.95 million with $0.55 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,178.97 million, with earnings per share ending up at $0.60.
Duke Realty Corporation (NYSE:DRE) experienced a gain of 0.22% from the closing price in the previous trading day. That boost the price to $31.42 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 1,270,436 shares of stock – compared to the typical average of 1.83M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $32.82.
Pricing Indications for Duke Realty Corporation (DRE)
This organization has had a price-to-earnings ratio of 32.23 in the last year. Meanwhile, it gained 30.67 from its observable 50-day simple moving average. Right at this moment, the per-share value is 8.34% higher than the mean per-share price over the last 200 days in the market.
Duke Realty Corporation (NYSE:DRE) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 5 have a Buy rating, 6 have an outperform rating, while 5 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 1.90 , based on information from Thomson Reuters.
DRE Stock Value Potential
In trading activity as of late, this stock’s value was 29.02 up from its 200 day moving average, while also 2.50% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $29.00-$35.00. The market value for the entire organization reached 11.31B. In the last trading session, the price ended the day at $31.35. The institutional holdings related to this organization account for 0.20%, and the Beta factor is now 0.74. This company’s RSI (Relative Strength Index) managed to hit 60.58.
Duke Realty Corporation (NYSE:DRE) Analyst Points of Focus
Duke Realty Corporation (DRE) has found itself inside of Goldman’s research list, so their analyst rating adjustment is worth taking note of. This stock was Initiated to Buy, by Goldman, as garnered from a news report on Thursday May 16th, 2019. An additional helpful research note was sent out by BofA/Merrill’s on Thursday May 16th, 2019. The brokerage decided to downgrade DRE to Neutral from its previous rating of Buy.