Australia's Vocus says KKR makes $1.65 bln takeover approach

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L.P. during the fourth quarter valued at $139,000. Thrivent Fin For Lutherans has invested 0% in KKR & Co. Kempen Capital Management N.V. now owns 700,048 shares of the asset manager's stock worth $12,762,000 after buying an additional 43,000 shares during the last quarter. UBS Group AG raised its stake in shares of KKR & Co. L.P. (NYSE:KKR). The Virginia-based Alexandria Cap Lc has invested 0% in KKR & Co. L.P. (NYSE:KKR). National Planning reported 22,882 shares. Trust Co. of Vermont increased its position in shares of KKR & Co. Td Asset Mgmt holds 1.64 million shares or 0.04% of its portfolio.

Want to see what other hedge funds are holding KKR? L.P. (NYSE:KKR). Us Bankshares De holds 0% of its portfolio in KKR & Co. (KKR) traded up 1.85% during midday trading on Thursday, reaching $18.76. The stock had a trading volume of 1,196,025 shares. Kkr & Co LP Del now has $15.18B valuation.

KKR's offer assumes that Vocus's net debt at June 30 won't be greater than A$1.1 billion, and the company's earnings before interest, taxes, depreciation and amortization is in the targeted range of between A$365 million and A$375 million, according to Vocus' statement. The company's 50 day moving average is $18.38 and its 200-day moving average is $17.56. (USA) (NYSE:KFS) to report earnings on July, 28. During the same quarter previous year, the company earned ($0.65) earnings per share. The business had revenue of $715.90 million during the quarter, compared to the consensus estimate of $297.88 million.

Vocus, whose shares are valued at $2.86 after plummeting nearly 70 per cent since August, says KKR's preliminary, non-binding offer is worth $3.50 cash per share. (NYSE:KKR) by 64.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm's quarterly revenue was up 339.7% on a year-over-year basis. L.P.'s analysts now forecast -24.62 % negative EPS growth. L.P. (NYSE:KKR). Rothschild Il holds 0.27% or 144,452 shares in its portfolio. This represents a $0.68 annualized dividend and a dividend yield of 3.67%. Bankshares Of America Corporation De has invested 0.04% in KKR & Co. L.P. (NYSE:KKR) for 150,856 shares. L.P. (NYSE:KKR). Rothschild Investment Il holds 0.27% of its portfolio in KKR & Co.

Analysts await KKR & Co. Penserra Capital Management LLC's holdings in KKR & Co. L.P. If you are reading this piece on another site, it was illegally stolen and reposted in violation of U.S. & global trademark and copyright laws. The legal version of this article can be viewed at https://www.thestockobserver.com/2017/06/07/kkr-co-l-p-kkr-shares-bought-by-davis-capital-partners-llc.html.

A number of analysts recently weighed in on the company. The California-based California Pub Employees Retirement System has invested 0.02% in KKR & Co. L.P. and gave the company a "buy" rating in a research note on Thursday, February 16th. Wells Fargo upgraded the shares of KKR in report on Thursday, November 5 to "Outperform" rating. L.P. was downgraded to "equal weight" by analysts at Morgan Stanley. $21.25's average target is 14.62% above currents $18.54 stock price. L.P. had its "overweight" rating reiterated by analysts at Piper Jaffray. The firm has "Hold" rating by Deutsche Bank given on Friday, March 11. The rating was maintained by Barclays Capital on Tuesday, August 9 with "Overweight". The rating was maintained by Standpoint Research on Sunday, August 9 with "Hold".

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