Clarius Group LLC Takes Position in KKR & Co. Inc. (NYSE:KKR)

Clarius Group LLC purchased a new stake in KKR & Co. Inc. (NYSE:KKR - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,872 shares of the asset manager's stock, valued at approximately $448,000.

A number of other large investors also recently bought and sold shares of the stock. Lansforsakringar Fondforvaltning AB publ purchased a new position in KKR & Co. Inc. during the fourth quarter worth about $31,029,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $50,199,000. Arete Wealth Advisors LLC lifted its holdings in shares of KKR & Co. Inc. by 44.5% in the 4th quarter. Arete Wealth Advisors LLC now owns 8,922 shares of the asset manager's stock worth $1,321,000 after acquiring an additional 2,749 shares during the last quarter. Jupiter Asset Management Ltd. lifted its holdings in shares of KKR & Co. Inc. by 50.9% in the 4th quarter. Jupiter Asset Management Ltd. now owns 114,184 shares of the asset manager's stock worth $16,889,000 after acquiring an additional 38,524 shares during the last quarter. Finally, Systematic Alpha Investments LLC acquired a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $423,000. Institutional investors and hedge funds own 76.26% of the company's stock.

Insider Buying and Selling at KKR & Co. Inc.

In related news, Director Timothy R. Barakett acquired 35,000 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were bought at an average price of $117.92 per share, with a total value of $4,127,200.00. Following the completion of the acquisition, the director now owns 185,000 shares in the company, valued at $21,815,200. This trade represents a 23.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $34.20, for a total transaction of $205,200,000.00. Following the sale, the insider now directly owns 13,260,971 shares in the company, valued at approximately $453,525,208.20. The trade was a 31.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,471,488 shares of company stock worth $501,529,092 over the last ninety days. Corporate insiders own 39.34% of the company's stock.

KKR & Co. Inc. Stock Up 0.1%

NYSE:KKR traded up $0.17 during mid-day trading on Friday, hitting $122.59. The stock had a trading volume of 4,079,374 shares, compared to its average volume of 4,299,739. The stock has a 50-day simple moving average of $117.65 and a two-hundred day simple moving average of $130.25. The company has a market capitalization of $109.19 billion, a PE ratio of 51.73, a PEG ratio of 1.36 and a beta of 1.89. KKR & Co. Inc. has a twelve month low of $86.15 and a twelve month high of $170.40. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.77.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The asset manager reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. KKR & Co. Inc. had a net margin of 14.75% and a return on equity of 6.43%. The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period last year, the business earned $0.97 EPS. The company's revenue was down 67.8% on a year-over-year basis. On average, equities research analysts anticipate that KKR & Co. Inc. will post 5.19 EPS for the current year.

KKR & Co. Inc. Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 13th were paid a $0.185 dividend. The ex-dividend date was Monday, May 12th. This is a boost from KKR & Co. Inc.'s previous dividend of $0.17. This represents a yield of 0.64%. KKR & Co. Inc.'s dividend payout ratio (DPR) is currently 31.22%.

Analyst Ratings Changes

A number of research analysts have commented on the company. TD Cowen decreased 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. Keefe, Bruyette & Woods increased their target price on KKR & Co. Inc. from $129.00 to $131.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Bank of America decreased their target price on KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating on the stock in a research note on Friday, April 4th. Barclays increased their price target on shares of KKR & Co. Inc. from $129.00 to $141.00 and gave the stock an "overweight" rating in a research report on Friday, May 2nd. Finally, Hsbc Global Res raised shares of KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, KKR & Co. Inc. currently has an average rating of "Buy" and an average price target of $149.43.

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.