KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Y.D. More Investments Ltd

Y.D. More Investments Ltd boosted its position in KKR & Co. Inc. (NYSE:KKR) by 123.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 846 shares of the asset manager’s stock after purchasing an additional 468 shares during the period. Y.D. More Investments Ltd’s holdings in KKR & Co. Inc. were worth $125,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Hanson & Doremus Investment Management purchased a new position in shares of KKR & Co. Inc. during the 4th quarter worth approximately $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. during the fourth quarter worth $30,000. ORG Wealth Partners LLC acquired a new position in KKR & Co. Inc. during the third quarter worth $31,000. Raleigh Capital Management Inc. raised its position in KKR & Co. Inc. by 56.7% in the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Finally, Eastern Bank acquired a new stake in KKR & Co. Inc. in the third quarter valued at $34,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on KKR. Barclays lowered their price target on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating on the stock in a research note on Wednesday. HSBC cut shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and increased their target price for the company from $153.00 to $173.00 in a report on Thursday, January 30th. The Goldman Sachs Group boosted their price target on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Keefe, Bruyette & Woods lowered their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Finally, Wells Fargo & Company reduced their price objective on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, KKR & Co. Inc. currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.50.

KKR & Co. Inc. Trading Up 3.1 %

Shares of KKR stock opened at $153.95 on Thursday. KKR & Co. Inc. has a twelve month low of $90.40 and a twelve month high of $170.40. The company has a market capitalization of $136.75 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 0.96 and a beta of 1.67. The firm has a 50-day moving average price of $154.42 and a 200 day moving average price of $139.03. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is presently 21.28%.

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.