First Trust Advisors LP boosted its holdings in shares of KinderCare Learning Companies, Inc. (NYSE:KLC – Free Report) by 146.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 582,830 shares of the company’s stock after buying an additional 345,948 shares during the period. First Trust Advisors LP’s holdings in KinderCare Learning Companies were worth $1,282,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Bank of Montreal Can acquired a new stake in shares of KinderCare Learning Companies in the 4th quarter worth about $19,994,000. Alyeska Investment Group L.P. raised its stake in shares of KinderCare Learning Companies by 737.3% in the third quarter. Alyeska Investment Group L.P. now owns 1,084,240 shares of the company’s stock worth $7,199,000 after purchasing an additional 954,743 shares during the last quarter. Frontier Capital Management Co. LLC purchased a new stake in shares of KinderCare Learning Companies in the second quarter worth approximately $5,466,000. Ameriprise Financial Inc. lifted its holdings in shares of KinderCare Learning Companies by 69.2% in the third quarter. Ameriprise Financial Inc. now owns 997,836 shares of the company’s stock valued at $6,626,000 after purchasing an additional 408,124 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in shares of KinderCare Learning Companies during the fourth quarter valued at approximately $1,304,000.
KinderCare Learning Companies Price Performance
NYSE KLC opened at $5.20 on Monday. The company has a market cap of $615.24 million, a PE ratio of -1.45 and a beta of 3.99. KinderCare Learning Companies, Inc. has a 52 week low of $1.75 and a 52 week high of $9.92. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 1.95. The firm’s 50-day simple moving average is $4.66 and its two-hundred day simple moving average is $3.95.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. BMO Capital Markets raised their price objective on KinderCare Learning Companies from $4.00 to $6.00 and gave the company an “outperform” rating in a research note on Monday, May 18th. UBS Group raised their price target on shares of KinderCare Learning Companies from $3.00 to $5.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $5.00 price objective on shares of KinderCare Learning Companies in a research report on Friday, May 15th. Barclays increased their price objective on shares of KinderCare Learning Companies from $2.00 to $3.00 and gave the company an “underweight” rating in a research note on Monday, May 18th. Finally, Robert W. Baird lifted their target price on shares of KinderCare Learning Companies from $1.50 to $4.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, KinderCare Learning Companies currently has an average rating of “Reduce” and a consensus target price of $4.80.
View Our Latest Stock Report on KinderCare Learning Companies
About KinderCare Learning Companies
KinderCare Learning Companies Inc is a provider of high-quality early childhood education by center capacity. KinderCare Learning Companies Inc is based in PORTLAND, Ore.
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