Capital Analysts LLC Has $4.52 Million Position in KKR & Co. Inc. (NYSE:KKR)

Capital Analysts LLC lessened its position in shares of KKR & Co. Inc. (NYSE:KKR) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,527 shares of the asset manager’s stock after selling 2,406 shares during the period. Capital Analysts LLC’s holdings in KKR & Co. Inc. were worth $4,516,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Norges Bank bought a new stake in KKR & Co. Inc. during the fourth quarter worth $1,435,314,000. GQG Partners LLC acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth $325,752,000. Proficio Capital Partners LLC lifted its position in shares of KKR & Co. Inc. by 4,981.9% during the 4th quarter. Proficio Capital Partners LLC now owns 1,573,046 shares of the asset manager’s stock worth $232,669,000 after buying an additional 1,542,092 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in KKR & Co. Inc. in the fourth quarter valued at about $218,918,000. Finally, Roberts Foundation bought a new position in KKR & Co. Inc. in the fourth quarter valued at about $147,910,000. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on KKR. TD Cowen dropped their target price on shares of KKR & Co. Inc. from $183.00 to $126.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. HSBC upgraded shares of KKR & Co. Inc. from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $170.00 to $119.00 in a research report on Tuesday, April 15th. Bank of America cut their target price on shares of KKR & Co. Inc. from $214.00 to $194.00 and set a “buy” rating on the stock in a research report on Friday, April 4th. JMP Securities lowered their price target on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a “market outperform” rating for the company in a report on Tuesday, April 8th. Finally, Morgan Stanley cut their price objective on KKR & Co. Inc. from $156.00 to $114.00 and set an “equal weight” rating on the stock in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $144.93.

KKR & Co. Inc. Price Performance

Shares of KKR opened at $113.81 on Friday. KKR & Co. Inc. has a 1 year low of $86.15 and a 1 year high of $170.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The company has a market capitalization of $101.09 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. The business has a 50-day moving average of $114.31 and a 200-day moving average of $137.63.

KKR & Co. Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.175 per share. The ex-dividend date was Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.62%. KKR & Co. Inc.’s payout ratio is 21.02%.

Insider Transactions at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total value of $197,760,000.00. Following the completion of the transaction, the insider now directly owns 19,260,971 shares of the company’s stock, valued at approximately $634,841,604.16. This trade represents a 23.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 39.34% of the company’s stock.

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.