Capital International Inc. CA Boosts Stock Position in KKR & Co. Inc. (NYSE:KKR)

Capital International Inc. CA lifted its position in KKR & Co. Inc. (NYSE:KKR) by 10.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 348,299 shares of the asset manager’s stock after purchasing an additional 33,826 shares during the quarter. Capital International Inc. CA’s holdings in KKR & Co. Inc. were worth $51,517,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hanson & Doremus Investment Management purchased a new stake in shares of KKR & Co. Inc. in the 4th quarter valued at $27,000. Crews Bank & Trust acquired a new stake in KKR & Co. Inc. during the 4th quarter worth about $30,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of KKR & Co. Inc. during the 4th quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in shares of KKR & Co. Inc. in the 4th quarter valued at about $36,000. Finally, HM Payson & Co. boosted its stake in shares of KKR & Co. Inc. by 6,800.0% in the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager’s stock worth $41,000 after buying an additional 272 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Bank of America reduced their price target on KKR & Co. Inc. from $214.00 to $194.00 and set a “buy” rating for the company in a research report on Friday, April 4th. JMP Securities decreased their target price on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. Barclays dropped their price target on shares of KKR & Co. Inc. from $181.00 to $129.00 and set an “overweight” rating on the stock in a research report on Friday, April 11th. Wells Fargo & Company decreased their price objective on shares of KKR & Co. Inc. from $141.00 to $120.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Finally, HSBC upgraded KKR & Co. Inc. from a “hold” rating to a “buy” rating and dropped their target price for the company from $170.00 to $119.00 in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $144.93.

KKR & Co. Inc. Stock Up 1.2 %

KKR stock opened at $103.29 on Friday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average of $117.65 and a two-hundred day moving average of $138.50. KKR & Co. Inc. has a 12 month low of $86.15 and a 12 month high of $170.40. The company has a market cap of $91.75 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 1.00 and a beta of 1.77.

KKR & Co. Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.02%.

Insider Buying and Selling at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total value of $197,760,000.00. Following the completion of the sale, the insider now owns 19,260,971 shares of the company’s stock, valued at $634,841,604.16. This represents a 23.75 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 39.34% of the stock is owned by company insiders.

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.