Stocks and Investing
Stocks and Investing
How Is KKR & Co.'s Stock Performance Compared to Other Private Equity Stocks?
- KKR & Co. Inc. (KKR), headquartered in New York, is a private equity and real estate investment firm specializing in direct and fund-of-fund investments. Valued at $133.1 billion by market cap, the company manages investments such as private equity,
The article from MSN discusses the performance of KKR & Co. Inc.'s stock in comparison to other private equity firms. KKR has shown a year-to-date increase of about 23.5%, which is slightly below the industry average of 24.5% for private equity stocks. Over the past six months, KKR's stock has risen by 30.7%, outperforming the industry's 24.5% growth. However, when looking at longer-term performance, KKR has underperformed with a 5-year gain of 132.6% compared to the industry's 158.6%. The article also mentions that KKR's stock has a beta of 1.52, indicating higher volatility than the market. Despite some fluctuations, KKR's stock has been on an upward trend, supported by its diversified business model which includes capital markets, insurance, and asset management, alongside its traditional private equity investments. The piece concludes by noting that while KKR has not led the pack in stock performance, its strategic moves and diversified operations provide a solid foundation for potential future growth.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/how-is-kkr-co-s-stock-performance-compared-to-other-private-equity-stocks/ar-AA1wHHnw ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/how-is-kkr-co-s-stock-performance-compared-to-other-private-equity-stocks/ar-AA1wHHnw ]
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