<div id="readability-page-1"><p>Voya Investment Management LLC trimmed its position in shares of  TKO Group Holdings, Inc. (NYSE:TKO - Free Report) by 45.5% during the third quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 15,386 shares of the company's stock after selling 12,850 shares during the period. Voya Investment Management LLC's holdings in TKO Group were worth $3,107,000 as of its most recent SEC filing.</p><ul><li>These 3 Stocks Boosting Buybacks Have Rallying Potential</li></ul><p>Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in  TKO Group by 368.8% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 49,186 shares of the company's stock worth $8,949,000 after purchasing an additional 38,695 shares during the period.  Ninety One UK Ltd grew its holdings in shares of  TKO Group by 14.4% in the second quarter. Ninety One UK Ltd now owns 4,850,006 shares of the company's stock valued at $882,459,000 after purchasing an additional 611,233 shares in the last quarter.  Hawk Ridge Capital Management LP grew its holdings in shares of  TKO Group by 2.1% in the first quarter. Hawk Ridge Capital Management LP now owns 734,274 shares of the company's stock valued at $112,204,000 after purchasing an additional 14,760 shares in the last quarter.  Empowered Funds LLC purchased a new stake in  TKO Group during the 1st quarter worth approximately $6,138,000.  Finally, Royal Bank of Canada lifted its holdings in  TKO Group by 26.6% during the 1st quarter. Royal Bank of Canada now owns 115,502 shares of the company's stock worth $17,650,000 after buying an additional 24,245 shares in the last quarter. 89.79% of the stock is owned by institutional investors and hedge funds. </p><h2>Insider Buying and Selling</h2><p>In other news, Director Nick Khan sold 9,519 shares of the business's stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $195.16, for a total transaction of $1,857,728.04. Following the completion of the sale, the director owned 108,985 shares in the company, valued at approximately $21,269,512.60. The trade was a 8.03% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, CFO Shane Kapral sold 254 shares of the company's stock in a transaction on Monday, December 15th. The shares were sold at an average price of $206.44, for a total transaction of $52,435.76. Following the completion of the transaction, the chief financial officer owned 1,266 shares of the company's stock, valued at approximately $261,353.04. The trade was a 16.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,827 shares of company stock worth $5,777,565. 61.30% of the stock is owned by corporate insiders. </p><h2>TKO Group Stock Performance</h2><ul><li>3 Big Dividend Hikes Hit the Market—1 Just Doubled Its Payout</li></ul><p>NYSE:TKO opened at $217.58 on Friday. TKO Group Holdings, Inc. has a 12 month low of $133.07 and a 12 month high of $218.11. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $42.45 billion, a PE ratio of 83.36 and a beta of 0.65. The business's fifty day moving average price is $194.09 and its 200 day moving average price is $186.50. </p><p>TKO Group (NYSE:TKO - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.11). TKO Group had a return on equity of 2.57% and a net margin of 5.27%.The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the company posted $0.28 earnings per share. The company's revenue was down 27.3% compared to the same quarter last year.  On average, sell-side analysts anticipate that  TKO Group Holdings, Inc. will post 3.88 earnings per share for the current fiscal year. </p><ul><li>NFL and WWE Land on ESPN—The Impact on Disney and TKO Stocks</li></ul><p>TKO Group announced that its board has approved a share buyback program on Monday, September 15th that permits the company to buyback $1.00 billion in  outstanding  shares. This buyback authorization permits the company to reacquire up to 2.5% of its stock  through open market purchases. Stock  buyback programs are usually a sign that the company's board believes its shares are undervalued. </p><h2>TKO Group Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be paid a $0.78 dividend. This is an increase from TKO Group's previous quarterly dividend of $0.76. This represents a $3.12 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, December 15th. TKO Group's payout ratio is currently 119.54%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities analysts have commented on the stock. Susquehanna boosted their price target on shares of TKO Group from $229.00 to $230.00 and gave the stock a &#34;positive&#34; rating in a research note on Wednesday, December 10th. Robert W. Baird boosted their target price on TKO Group from $225.00 to $250.00 and gave the stock an &#34;outperform&#34; rating in a research note on Tuesday, September 16th. Baird R W upgraded TKO Group to a &#34;strong-buy&#34; rating in a report on Friday, September 5th. Wolfe Research  reaffirmed an &#34;outperform&#34; rating and issued a $227.00 price target on shares of TKO Group in a research report on Monday, December 15th. Finally, Cowen  reiterated a &#34;buy&#34; rating on shares of TKO Group in a research note on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued  a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $225.00.</p><p><b>Check Out Our Latest Analysis on TKO Group</b></p><h2>About TKO Group</h2> (Free Report)<p>TKO Group Holdings <span>NYSE: TKO<span></span></span> is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.  </p><p>TKO's core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than TKO Group</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRLTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRLTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TKO Group Right Now?</h2><p>Before you consider TKO Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TKO Group wasn't on the list.</p><p>While TKO Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VOYA

<p>Voya Investment Management LLC reduced its stake in TKO Group Holdings, Inc. by 45.5% in Q3, owning 15,386 shares valued at $3.1 million. Other institutional investors, like Sumitomo Mitsui DS Asset Management and Ninety One UK Ltd, increased their holdings. TKO's stock opened at $217.58, with a market cap of $42.45 billion. The company reported Q3 earnings of $0.47 per share, missing estimates, and announced a $1 billion share buyback program.</p>

Voya Investment Management LLC Cuts Position in TKO Group Holdings, Inc. $TKO