Mirador Capital Partners LP Has $13.96 Million Stock Position in KKR & Co. Inc. (NYSE:KKR)

Mirador Capital Partners LP lifted its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 94,412 shares of the asset manager’s stock after acquiring an additional 1,319 shares during the period. KKR & Co. Inc. makes up about 2.5% of Mirador Capital Partners LP’s holdings, making the stock its 9th largest holding. Mirador Capital Partners LP’s holdings in KKR & Co. Inc. were worth $13,964,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. American Century Companies Inc. boosted its stake in KKR & Co. Inc. by 2.4% during the 2nd quarter. American Century Companies Inc. now owns 105,080 shares of the asset manager’s stock valued at $11,059,000 after purchasing an additional 2,440 shares during the period. Oppenheimer Asset Management Inc. acquired a new position in shares of KKR & Co. Inc. in the 2nd quarter worth approximately $1,183,000. Dimensional Fund Advisors LP raised its holdings in shares of KKR & Co. Inc. by 30.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,553,317 shares of the asset manager’s stock worth $163,487,000 after buying an additional 364,141 shares in the last quarter. One Capital Management LLC acquired a new position in shares of KKR & Co. Inc. in the 2nd quarter worth approximately $715,000. Finally, Virtu Financial LLC raised its holdings in shares of KKR & Co. Inc. by 115.9% in the 2nd quarter. Virtu Financial LLC now owns 18,567 shares of the asset manager’s stock worth $1,954,000 after buying an additional 9,969 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

KKR opened at $152.83 on Thursday. The business’s 50-day moving average price is $152.33 and its two-hundred day moving average price is $133.73. KKR & Co. Inc. has a 1 year low of $80.48 and a 1 year high of $163.68. The company has a market capitalization of $135.75 billion, a price-to-earnings ratio of 46.45, a P/E/G ratio of 0.84 and a beta of 1.66. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. The firm had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the business posted $0.73 EPS. Equities analysts expect that KKR & Co. Inc. will post 4.13 EPS for the current fiscal year.

KKR & Co. Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Monday, November 4th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date was Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio is currently 21.28%.

Analysts Set New Price Targets

A number of research firms recently weighed in on KKR. JMP Securities raised their price target on KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a report on Tuesday, October 29th. Keefe, Bruyette & Woods lowered their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research note on Monday. Hsbc Global Res raised KKR & Co. Inc. to a “strong-buy” rating in a research note on Wednesday, September 18th. Evercore ISI lifted their target price on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Finally, The Goldman Sachs Group raised their price target on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $159.07.

About KKR & Co. Inc.

KKR & Co, Inc operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.