California State Teachers Retirement System Has $139.18 Million Stock Position in KKR & Co. Inc. (NYSE:KKR)

California State Teachers Retirement System decreased its position in KKR & Co. Inc. (NYSE:KKR - Free Report) by 4.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 940,971 shares of the asset manager's stock after selling 45,950 shares during the period. California State Teachers Retirement System owned about 0.11% of KKR & Co. Inc. worth $139,179,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KKR. Northern Trust Corp boosted its stake in shares of KKR & Co. Inc. by 10.8% during the 4th quarter. Northern Trust Corp now owns 6,150,636 shares of the asset manager's stock valued at $909,741,000 after buying an additional 600,696 shares during the period. Public Employees Retirement Association of Colorado grew its holdings in KKR & Co. Inc. by 0.3% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 85,002 shares of the asset manager's stock valued at $12,573,000 after buying an additional 226 shares during the last quarter. Quarry LP grew its holdings in shares of KKR & Co. Inc. by 228.9% during the 4th quarter. Quarry LP now owns 786 shares of the asset manager's stock worth $116,000 after purchasing an additional 547 shares in the last quarter. Prosperity Consulting Group LLC acquired a new stake in shares of KKR & Co. Inc. during the 4th quarter worth approximately $285,000. Finally, Coldstream Capital Management Inc. lifted its position in shares of KKR & Co. Inc. by 28.8% during the 4th quarter. Coldstream Capital Management Inc. now owns 4,208 shares of the asset manager's stock worth $622,000 after buying an additional 941 shares during the period. Institutional investors and hedge funds own 76.26% of the company's stock.

KKR & Co. Inc. Stock Up 0.0 %

Shares of KKR traded up $0.05 during mid-day trading on Wednesday, hitting $114.40. 4,657,017 shares of the company's stock were exchanged, compared to its average volume of 5,000,146. The company has a market cap of $101.62 billion, a PE ratio of 34.35, a P/E/G ratio of 1.00 and a beta of 1.77. 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 simple moving average of $113.42 and a 200 day simple moving average of $137.37. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07.

KKR & Co. Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.175 dividend. The ex-dividend date 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 presently 21.02%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. TD Cowen lowered their target price on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Citigroup decreased their target price on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Morgan Stanley cut 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 report on Monday, April 14th. Wells Fargo & Company cut their price target on shares of KKR & Co. Inc. from $141.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Finally, Barclays cut 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. One investment 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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 KKR & Co. Inc. stock in a transaction 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 completion of the sale, the insider now 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 39.34% of the stock is owned by company insiders.

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.