TKO Group Holdings, Inc. (NYSE:TKO) Stock Holdings Lifted by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. grew its stake in TKO Group Holdings, Inc. (NYSE:TKO - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 851,563 shares of the company's stock after buying an additional 16,112 shares during the period. Epoch Investment Partners Inc. owned 0.50% of TKO Group worth $121,016,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of TKO Group in the fourth quarter valued at about $104,613,000. Arrowstreet Capital Limited Partnership purchased a new stake in TKO Group in the 4th quarter valued at approximately $54,778,000. Marshall Wace LLP raised its stake in shares of TKO Group by 98.5% during the 4th quarter. Marshall Wace LLP now owns 726,058 shares of the company's stock worth $103,180,000 after buying an additional 360,236 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of TKO Group by 277.4% in the 4th quarter. Alliancebernstein L.P. now owns 343,671 shares of the company's stock valued at $48,839,000 after buying an additional 252,613 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in TKO Group during the fourth quarter worth $33,922,000. Institutional investors and hedge funds own 89.79% of the company's stock.

Wall Street Analysts Forecast Growth

TKO has been the topic of a number of recent analyst reports. Morgan Stanley upped their price target on shares of TKO Group from $128.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Monday, February 24th. Seaport Res Ptn raised TKO Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 4th. UBS Group upped their target price on TKO Group from $135.00 to $170.00 and gave the company a "buy" rating in a report on Tuesday, January 7th. Benchmark reaffirmed a "hold" rating on shares of TKO Group in a research note on Monday, March 3rd. Finally, The Goldman Sachs Group increased their price objective on shares of TKO Group from $142.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, January 24th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, TKO Group currently has a consensus rating of "Moderate Buy" and an average price target of $159.36.

TKO Group Stock Performance

Shares of TKO stock traded up $5.16 during trading hours on Tuesday, reaching $148.25. The stock had a trading volume of 1,136,613 shares, compared to its average volume of 1,090,129. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a 50-day simple moving average of $151.40 and a 200-day simple moving average of $142.69. The firm has a market capitalization of $25.38 billion, a PE ratio of -352.97 and a beta of 0.90. TKO Group Holdings, Inc. has a twelve month low of $94.32 and a twelve month high of $179.09.

TKO Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.38 per share. The ex-dividend date was Friday, March 14th. This represents a $1.52 annualized dividend and a dividend yield of 1.03%. TKO Group's dividend payout ratio is presently 7,600.00%.

Insider Activity at TKO Group

In other TKO Group news, Director Sonya E. Medina purchased 233 shares of the business's stock in a transaction on Monday, March 17th. The stock was bought at an average cost of $142.93 per share, with a total value of $33,302.69. Following the acquisition, the director now owns 2,000 shares of the company's stock, valued at $285,860. The trade was a 13.19 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jonathan Kraft acquired 3,500 shares of the stock in a transaction dated Friday, March 7th. The stock was acquired at an average cost of $140.69 per share, for a total transaction of $492,415.00. Following the purchase, the director now directly owns 23,500 shares in the company, valued at approximately $3,306,215. The trade was a 17.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 1,687,318 shares of company stock worth $270,815,643 in the last three months. 53.80% of the stock is owned by company insiders.

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.