KKR & Co. Inc. (NYSE:KKR) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 33.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 14,145 shares of the asset manager's stock after selling 7,111 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in KKR & Co. Inc. were worth $2,092,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Hanson & Doremus Investment Management purchased a new stake in KKR & Co. Inc. during the fourth quarter worth $27,000. Crews Bank & Trust purchased a new position in shares of KKR & Co. Inc. in the 4th quarter valued at about $30,000. Pilgrim Partners Asia Pte Ltd acquired a new position in KKR & Co. Inc. in the 4th quarter worth about $34,000. Cassady Schiller Wealth Management LLC purchased a new position in KKR & Co. Inc. during the fourth quarter worth approximately $36,000. Finally, HM Payson & Co. increased its position 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 valued at $41,000 after buying an additional 272 shares in the last quarter. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on KKR. TD Cowen cut their price target 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. Wells Fargo & Company reduced their target price on KKR & Co. Inc. from $141.00 to $120.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Bank of America reduced their price objective on KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating for the company in a research note on Friday, April 4th. JMP Securities dropped 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 report on Tuesday, April 8th. Finally, Morgan Stanley decreased their price target on shares of KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, KKR & Co. Inc. currently has an average rating of "Moderate Buy" and a consensus target price of $144.93.

Insider Activity at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the sale, the insider now owns 19,260,971 shares of the company's stock, valued at $634,841,604.16. The trade was a 23.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 39.34% of the company's stock.

KKR & Co. Inc. Stock Up 0.0 %

NYSE KKR traded up $0.05 during trading hours on Wednesday, hitting $114.40. 4,657,017 shares of the company were exchanged, compared to its average volume of 4,994,013. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40. The company has a 50 day moving average of $113.42 and a two-hundred day moving average of $137.37. 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 firm has a market cap of $101.62 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.00 and a beta of 1.77.

KKR & Co. Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.175 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.61%. KKR & Co. Inc.'s dividend payout ratio is currently 21.02%.

KKR & Co. Inc. 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.