KKR & Co. Inc. (NYSE:KKR) Stock Position Lowered by Campbell Capital Management Inc.

Campbell Capital Management Inc. lowered its stake in KKR & Co. Inc. (NYSE:KKRFree Report) by 1.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,764 shares of the asset manager’s stock after selling 988 shares during the quarter. KKR & Co. Inc. makes up 3.7% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 6th largest position. Campbell Capital Management Inc.’s holdings in KKR & Co. Inc. were worth $8,324,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. CWA Asset Management Group LLC raised its holdings in shares of KKR & Co. Inc. by 0.9% during the 4th quarter. CWA Asset Management Group LLC now owns 12,310 shares of the asset manager’s stock valued at $1,020,000 after buying an additional 114 shares in the last quarter. E&G Advisors LP grew its holdings in shares of KKR & Co. Inc. by 1.5% during the 4th quarter. E&G Advisors LP now owns 8,726 shares of the asset manager’s stock worth $723,000 after acquiring an additional 126 shares during the period. Montag A & Associates Inc. grew its stake in KKR & Co. Inc. by 4.8% in the fourth quarter. Montag A & Associates Inc. now owns 2,794 shares of the asset manager’s stock worth $232,000 after purchasing an additional 128 shares during the period. Cross Staff Investments Inc increased its stake in shares of KKR & Co. Inc. by 0.7% in the 4th quarter. Cross Staff Investments Inc now owns 19,512 shares of the asset manager’s stock worth $1,617,000 after acquiring an additional 130 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of KKR & Co. Inc. by 0.3% during the fourth quarter. Nordea Investment Management AB now owns 39,047 shares of the asset manager’s stock valued at $3,241,000 after purchasing an additional 133 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors.

Insider Transactions at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Kkr Alternative Assets Llc acquired 1,956,182 shares of the company’s stock in a transaction dated Tuesday, June 4th. The shares were purchased at an average cost of $25.56 per share, for a total transaction of $50,000,011.92. Following the completion of the purchase, the insider now owns 9,688,618 shares in the company, valued at $247,641,076.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other KKR & Co. Inc. news, major shareholder Kkr Group Partnership L.P. sold 17,500,000 shares of the stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $12.48, for a total value of $218,400,000.00. Following the completion of the sale, the insider now directly owns 33,133,123 shares in the company, valued at $413,501,375.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Kkr Alternative Assets Llc acquired 1,956,182 shares of the firm’s stock in a transaction that occurred on Tuesday, June 4th. The stock was bought at an average cost of $25.56 per share, with a total value of $50,000,011.92. Following the completion of the transaction, the insider now directly owns 9,688,618 shares in the company, valued at $247,641,076.08. The disclosure for this purchase can be found here. Corporate insiders own 39.34% of the company’s stock.

KKR & Co. Inc. Trading Up 0.3 %

NYSE KKR traded up $0.31 on Tuesday, hitting $110.48. 5,160,111 shares of the stock were exchanged, compared to its average volume of 3,852,871. KKR & Co. Inc. has a 52-week low of $52.95 and a 52-week high of $113.91. The firm has a market capitalization of $98.04 billion, a P/E ratio of 24.77, a P/E/G ratio of 0.95 and a beta of 1.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.08 and a current ratio of 0.08. The stock has a fifty day moving average price of $101.43 and a two-hundred day moving average price of $94.00.

KKR & Co. Inc. (NYSE:KKRGet Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The asset manager reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.02). The business had revenue of $986.51 million for the quarter, compared to the consensus estimate of $989.14 million. KKR & Co. Inc. had a return on equity of 4.52% and a net margin of 19.38%. Research analysts forecast that KKR & Co. Inc. will post 4.06 EPS for the current fiscal year.

KKR & Co. Inc. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 28th. Investors of record on Monday, May 13th were issued a $0.175 dividend. This is a positive change from KKR & Co. Inc.’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Friday, May 10th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.63%. KKR & Co. Inc.’s payout ratio is presently 15.70%.

Analyst Upgrades and Downgrades

KKR has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $104.00 price objective on shares of KKR & Co. Inc. in a research report on Thursday, April 4th. TD Cowen reduced their price objective on KKR & Co. Inc. from $154.00 to $148.00 and set a “buy” rating for the company in a research note on Thursday, May 2nd. JMP Securities lifted their price target on shares of KKR & Co. Inc. from $108.00 to $112.00 and gave the company a “market outperform” rating in a report on Tuesday, April 9th. Barclays upped their price objective on KKR & Co. Inc. from $113.00 to $114.00 and gave the stock an “overweight” rating in a research note on Thursday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of KKR & Co. Inc. from $120.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, KKR & Co. Inc. has an average rating of “Moderate Buy” and an average target price of $98.57.

Get Our Latest Report on KKR & Co. Inc.

About KKR & Co. Inc.

(Free Report)

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.

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Institutional Ownership by Quarter for KKR & Co. Inc. (NYSE:KKR)

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