Nisa Investment Advisors LLC Has $694,000 Stock Holdings in TKO Group Holdings, Inc. (NYSE:TKO)

Nisa Investment Advisors LLC decreased its stake in shares of TKO Group Holdings, Inc. (NYSE:TKO) by 14.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,884 shares of the company’s stock after selling 800 shares during the quarter. Nisa Investment Advisors LLC’s holdings in TKO Group were worth $694,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Blue Trust Inc. increased its holdings in shares of TKO Group by 52.4% in the third quarter. Blue Trust Inc. now owns 259 shares of the company’s stock valued at $32,000 after purchasing an additional 89 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of TKO Group by 72.8% during the 4th quarter. UMB Bank n.a. now owns 273 shares of the company’s stock worth $39,000 after buying an additional 115 shares during the period. First Horizon Advisors Inc. grew its stake in TKO Group by 491.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 278 shares of the company’s stock valued at $34,000 after buying an additional 231 shares during the last quarter. Brooklyn Investment Group raised its holdings in TKO Group by 213.0% in the 4th quarter. Brooklyn Investment Group now owns 360 shares of the company’s stock valued at $51,000 after acquiring an additional 245 shares during the period. Finally, Signaturefd LLC lifted its position in TKO Group by 39.4% during the third quarter. Signaturefd LLC now owns 386 shares of the company’s stock worth $48,000 after acquiring an additional 109 shares during the last quarter. Institutional investors own 89.79% of the company’s stock.

TKO Group Trading Up 3.2 %

Shares of NYSE TKO opened at $158.34 on Wednesday. TKO Group Holdings, Inc. has a twelve month low of $78.69 and a twelve month high of $159.53. The firm has a market cap of $27.04 billion, a PE ratio of -377.00 and a beta of 1.07. The business has a fifty day simple moving average of $142.47 and a two-hundred day simple moving average of $126.60. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.34.

TKO Group (NYSE:TKO) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.28). The firm had revenue of $681.20 million for the quarter, compared to the consensus estimate of $665.12 million. TKO Group had a positive return on equity of 3.39% and a negative net margin of 1.26%. The company’s revenue was up 51.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.52 EPS. Analysts expect that TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year.

Insider Transactions at TKO Group

In other TKO Group news, CEO Ariel Emanuel bought 105,038 shares of TKO Group stock in a transaction on Friday, January 24th. The shares were bought at an average price of $153.04 per share, for a total transaction of $16,075,015.52. Following the completion of the transaction, the chief executive officer now directly owns 1,257,800 shares of the company’s stock, valued at $192,493,712. This trade represents a 9.11 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Shane Kapral sold 1,034 shares of TKO Group stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $141.94, for a total transaction of $146,765.96. Following the completion of the sale, the chief accounting officer now owns 2,225 shares of the company’s stock, valued at $315,816.50. This trade represents a 31.73 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 1,265,894 shares of company stock valued at $185,095,692 and have sold 71,457 shares valued at $10,153,456. Corporate insiders own 53.80% of the company’s stock.

Analyst Upgrades and Downgrades

TKO has been the topic of a number of analyst reports. Citigroup raised their target price on shares of TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. UBS Group increased their price target on TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Roth Mkm increased their target price on TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Finally, JPMorgan Chase & Co. boosted their price target on TKO Group from $137.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, TKO Group currently has a consensus rating of “Moderate Buy” and an average target price of $141.21.

TKO Group Profile

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.