FUKOKU MUTUAL LIFE INSURANCE Co Has $943,000 Holdings in KKR & Co. Inc. (NYSE:KKR)

FUKOKU MUTUAL LIFE INSURANCE Co boosted its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 18.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,373 shares of the asset manager’s stock after acquiring an additional 970 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in KKR & Co. Inc. were worth $943,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Hanson & Doremus Investment Management acquired a new stake in KKR & Co. Inc. during the 4th quarter worth about $27,000. Crews Bank & Trust purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter worth about $30,000. Truvestments Capital LLC purchased a new stake in shares of KKR & Co. Inc. during the 3rd quarter worth about $40,000. Bank of New Hampshire purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter worth about $45,000. Finally, Farmers & Merchants Investments Inc. raised its stake in shares of KKR & Co. Inc. by 17.8% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock worth $64,000 after purchasing an additional 65 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.

KKR & Co. Inc. Stock Performance

Shares of NYSE KKR opened at $132.55 on Thursday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The business’s 50 day moving average is $149.40 and its two-hundred day moving average is $141.67. The company has a market cap of $117.73 billion, a P/E ratio of 39.80, a P/E/G ratio of 1.00 and a beta of 1.67. KKR & Co. Inc. has a 12 month low of $91.92 and a 12 month high of $170.40.

KKR & Co. Inc. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is currently 21.02%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KKR shares. Barclays cut their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Morgan Stanley cut their price target on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. HSBC downgraded KKR & Co. Inc. from a “buy” rating to a “hold” rating and raised their price target for the stock from $153.00 to $173.00 in a research note on Thursday, January 30th. Wells Fargo & Company cut their price objective on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.43.

KKR & Co. Inc. Company Profile

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.