KKR & Co. Inc. (NYSE:KKR) Stake Lessened by Capital Analysts LLC

Capital Analysts LLC trimmed its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 7.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,527 shares of the asset manager's stock after selling 2,406 shares during the quarter. Capital Analysts LLC's holdings in KKR & Co. Inc. were worth $4,516,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of KKR. Pine Valley Investments Ltd Liability Co acquired a new position in KKR & Co. Inc. during the 3rd quarter valued at about $233,000. World Investment Advisors LLC increased its holdings in shares of KKR & Co. Inc. by 17.1% during the third quarter. World Investment Advisors LLC now owns 20,196 shares of the asset manager's stock valued at $2,637,000 after acquiring an additional 2,954 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of KKR & Co. Inc. in the 3rd quarter valued at approximately $2,686,000. Tidal Investments LLC raised its position in shares of KKR & Co. Inc. by 12.1% in the 3rd quarter. Tidal Investments LLC now owns 55,102 shares of the asset manager's stock valued at $7,195,000 after purchasing an additional 5,935 shares during the last quarter. Finally, American Trust acquired a new stake in KKR & Co. Inc. in the 3rd quarter worth approximately $202,000. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR traded up $2.15 on Thursday, hitting $116.42. The company had a trading volume of 2,877,724 shares, compared to its average volume of 4,991,949. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40. The company has a market cap of $103.41 billion, a PE ratio of 34.95, a PEG ratio of 1.00 and a beta of 1.77. The business has a 50 day moving average of $113.06 and a 200 day moving average of $137.21. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The asset manager reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.06). KKR & Co. Inc. had a return on equity of 6.20% and a net margin of 14.31%. The firm's revenue was down 67.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.97 EPS. As a group, equities analysts anticipate that KKR & Co. Inc. will post 5.19 earnings per share for the current fiscal year.

KKR & Co. Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Friday, February 14th. KKR & Co. Inc.'s payout ratio is 21.02%.

Wall Street Analyst Weigh In

KKR has been the subject of a number of research analyst reports. Bank of America decreased their price target on shares of KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating for the company in a report on Friday, April 4th. Keefe, Bruyette & Woods lowered their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. TD Cowen dropped their price target on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. HSBC upgraded KKR & Co. Inc. from a "hold" rating to a "buy" rating and reduced their price objective for the stock from $170.00 to $119.00 in a research note on Tuesday, April 15th. Finally, Citigroup cut their price target on shares of KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, KKR & Co. Inc. has an average rating of "Moderate Buy" and a consensus price target of $144.93.

Insider Activity at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the sale, the insider now directly owns 19,260,971 shares of the company's stock, valued at approximately $634,841,604.16. This represents a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 39.34% of the stock is currently owned by corporate 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.