Yousif Capital Management LLC Has $1.40 Million Stock Holdings in TKO Group Holdings, Inc. $TKO

Yousif Capital Management LLC trimmed its holdings in TKO Group Holdings, Inc. (NYSE:TKO) by 34.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,877 shares of the company’s stock after selling 3,560 shares during the quarter. Yousif Capital Management LLC’s holdings in TKO Group were worth $1,399,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of TKO. Somerset Trust Co lifted its holdings in shares of TKO Group by 2.5% during the third quarter. Somerset Trust Co now owns 2,155 shares of the company’s stock valued at $435,000 after acquiring an additional 53 shares during the period. CWM LLC grew its position in shares of TKO Group by 7.3% during the 3rd quarter. CWM LLC now owns 796 shares of the company’s stock worth $161,000 after buying an additional 54 shares during the period. Frank Rimerman Advisors LLC grew its position in shares of TKO Group by 3.2% during the 4th quarter. Frank Rimerman Advisors LLC now owns 1,783 shares of the company’s stock worth $373,000 after buying an additional 56 shares during the period. Sunbelt Securities Inc. grew its position in shares of TKO Group by 6.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 950 shares of the company’s stock valued at $192,000 after purchasing an additional 56 shares during the period. Finally, Simon Quick Advisors LLC grew its position in shares of TKO Group by 0.9% in the 3rd quarter. Simon Quick Advisors LLC now owns 7,352 shares of the company’s stock valued at $1,485,000 after purchasing an additional 62 shares during the period. 89.79% of the stock is owned by institutional investors.

TKO Group Stock Down 1.2%

TKO opened at $192.93 on Thursday. TKO Group Holdings, Inc. has a 1-year low of $141.44 and a 1-year high of $226.94. The stock’s fifty day simple moving average is $203.66 and its 200 day simple moving average is $199.46. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.43. The stock has a market cap of $37.45 billion, a PE ratio of 85.75 and a beta of 0.69.

TKO Group (NYSE:TKO) last posted its quarterly earnings results on Wednesday, February 25th. The company reported ($0.08) earnings per share 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 business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the company posted $0.28 EPS. The firm’s revenue was up 11.9% on a year-over-year basis. As a group, research analysts expect that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current year.

TKO Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.78 per share. The ex-dividend date of this dividend was 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%.

Insider Buying and Selling

In other TKO Group news, insider Seth D. Krauss sold 2,271 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $200.71, for a total value of $455,812.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Nick Khan sold 9,518 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $198.59, for a total value of $1,890,179.62. Following the completion of the sale, the director directly owned 100,618 shares of the company’s stock, valued at $19,981,728.62. This trade represents a 8.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 84,726 shares of company stock valued at $17,262,744 over the last 90 days. Company insiders own 61.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on TKO. Citigroup cut TKO Group from a “strong-buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings restated a “hold (c)” rating on shares of TKO Group in a research note on Monday, December 29th. Susquehanna restated a “positive” rating and issued a $251.00 target price on shares of TKO Group in a research note on Monday, January 19th. Wall Street Zen cut TKO Group from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Finally, BTIG Research dropped their price objective on TKO Group from $250.00 to $237.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $232.25.

TKO Group 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.