KKR Financial Holdings LLC (KFN) in Focus: Stock Up 30.6%

Zacks Equity Research

Wed, Dec 18, 2013, 6:49 AM

KKR Financial Holdings LLC (KFN) was a big mover last session, as its shares rose nearly 31% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $9.11 to $9.75 in the past one-month time frame.

In the last 30 days, the company has not seen any estimate revision and its Zacks Consensus Estimate also remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.

KKR Financial currently holds a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the financial sector include Brookfield Asset Management Inc. (BAM), Kohlberg Kravis Roberts & Co. L.P. (KKR) and Waddell & Reed Financial, Inc. (WDR). All three companies carry a Zacks Rank #1 (Strong Buy).

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KKR FINANCIAL HOLDING LLC (KFN): Free Stock Analysis Report

KKR & CO LP (KKR): Free Stock Analysis Report

WADDELL & REED FINL INC (WDR): Free Stock Analysis Report

BROOKFIELD ASSET MGMT INC (BAM): Free Stock Analysis Report

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KKR Financial Holdings LLC (KFN) in Focus: Stock Up 30.6%

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