KKR & Co. Inc. (NYSE:KKR) Shares Bought by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in KKR & Co. Inc. (NYSE:KKR - Free Report) by 21.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 455,181 shares of the asset manager's stock after buying an additional 80,359 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned about 0.05% of KKR & Co. Inc. worth $67,326,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. EP Wealth Advisors LLC lifted its holdings in shares of KKR & Co. Inc. by 33.7% in the fourth quarter. EP Wealth Advisors LLC now owns 6,409 shares of the asset manager's stock worth $948,000 after buying an additional 1,614 shares in the last quarter. CoreCap Advisors LLC increased its holdings in KKR & Co. Inc. by 160.1% in the 4th quarter. CoreCap Advisors LLC now owns 489 shares of the asset manager's stock valued at $72,000 after acquiring an additional 301 shares during the last quarter. Crestline Management LP increased its holdings in KKR & Co. Inc. by 216.6% in the 4th quarter. Crestline Management LP now owns 10,329 shares of the asset manager's stock valued at $1,528,000 after acquiring an additional 7,067 shares during the last quarter. Cetera Investment Advisers lifted its stake in KKR & Co. Inc. by 22.4% in the 4th quarter. Cetera Investment Advisers now owns 125,716 shares of the asset manager's stock worth $18,595,000 after purchasing an additional 23,030 shares in the last quarter. Finally, Centiva Capital LP boosted its holdings in shares of KKR & Co. Inc. by 229.3% during the 4th quarter. Centiva Capital LP now owns 11,032 shares of the asset manager's stock valued at $1,632,000 after purchasing an additional 7,682 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company's stock.

Insider Buying and Selling at KKR & Co. Inc.

In other KKR & Co. Inc. news, Director Robert W. Scully acquired 13,250 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The shares were bought at an average cost of $113.49 per share, with a total value of $1,503,742.50. Following the completion of the acquisition, the director now directly owns 13,250 shares in the company, valued at $1,503,742.50. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the company's stock in a transaction on 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 sale, the insider now 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 position. The disclosure for this sale can be found here. 39.34% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on KKR. Morgan Stanley boosted their target price on KKR & Co. Inc. from $114.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Citigroup decreased their price objective on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. JMP Securities cut 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. Hsbc Global Res raised shares of KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 15th. Finally, Bank of America dropped their price objective on shares of 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, KKR & Co. Inc. currently has an average rating of "Moderate Buy" and an average target price of $147.00.

KKR & Co. Inc. Trading Down 0.6 %

Shares of KKR traded down $0.77 during trading hours on Friday, reaching $117.96. 4,073,129 shares of the company traded hands, compared to its average volume of 5,007,759. The stock's fifty day moving average price is $111.06 and its 200 day moving average price is $136.16. 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 market cap of $104.78 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.00 and a beta of 1.91. KKR & Co. Inc. has a 12-month low of $86.15 and a 12-month high of $170.40.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last issued its earnings results on Thursday, May 1st. The asset manager reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.02. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. KKR & Co. Inc. had a net margin of 14.31% and a return on equity of 6.20%. The company's revenue for the quarter was down 67.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.97 EPS. Sell-side analysts forecast that KKR & Co. Inc. will post 5.19 earnings per share for the current year.

KKR & Co. Inc. Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.185 per share. This is an increase from KKR & Co. Inc.'s previous dividend of $0.17. This represents a yield of 0.64%. The ex-dividend date of this dividend is Monday, May 12th. KKR & Co. Inc.'s dividend payout ratio (DPR) is presently 31.22%.

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.