KKR & Co. Inc. $KKR Stock Holdings Increased by CW Advisors LLC

Key Points

• CW Advisors LLC increased its stake in KKR & Co. Inc. by **92.4%**, bringing its total holdings to 4,687 shares valued at **$548,000** as of the latest SEC filing.
• Chairman Henry R. Kravis and Chairman George R. Roberts each sold over **1.1 million shares** of KKR on June 2nd, reducing their positions by **1.55%** and **1.43%**, respectively.
• Several analysts have upgraded KKR's rating, with price targets raised to between **$150.00 and $162.00**, reflecting a strong consensus of **"Moderate Buy"** among analysts.

CW Advisors LLC boosted its stake in KKR & Co. Inc. (NYSE:KKR - Free Report) by 92.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,687 shares of the asset manager's stock after acquiring an additional 2,251 shares during the period. CW Advisors LLC's holdings in KKR & Co. Inc. were worth $548,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in KKR. Brighton Jones LLC boosted its holdings in KKR & Co. Inc. by 109.6% in the 4th quarter. Brighton Jones LLC now owns 4,661 shares of the asset manager's stock valued at $689,000 after purchasing an additional 2,437 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in KKR & Co. Inc. by 28.8% in the 4th quarter. Coldstream Capital Management Inc. now owns 4,208 shares of the asset manager's stock valued at $622,000 after purchasing an additional 941 shares in the last quarter. Quarry LP boosted its holdings in KKR & Co. Inc. by 228.9% in the 4th quarter. Quarry LP now owns 786 shares of the asset manager's stock valued at $116,000 after purchasing an additional 547 shares in the last quarter. AQR Capital Management LLC boosted its holdings in KKR & Co. Inc. by 4.5% in the 4th quarter. AQR Capital Management LLC now owns 51,435 shares of the asset manager's stock valued at $7,608,000 after purchasing an additional 2,221 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in KKR & Co. Inc. by 2,188.9% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 73,955 shares of the asset manager's stock valued at $10,939,000 after purchasing an additional 70,724 shares in the last quarter. Institutional investors and hedge funds own 76.26% of the company's stock.

KKR & Co. Inc. Stock Down 0.3%

NYSE:KKR traded down $0.48 on Monday, reaching $139.61. The stock had a trading volume of 2,421,632 shares, compared to its average volume of 3,013,131. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average of $141.10 and a 200 day moving average of $126.05. The stock has a market cap of $124.38 billion, a P/E ratio of 64.93, a price-to-earnings-growth ratio of 1.54 and a beta of 1.93. 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 posted its quarterly earnings data on Thursday, July 31st. The asset manager reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.04. The company had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.81 billion. KKR & Co. Inc. had a net margin of 12.95% and a return on equity of 6.30%. During the same period in the prior year, the company posted $1.09 EPS. On average, research analysts predict 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 quarterly dividend, which was paid on Tuesday, August 26th. Shareholders of record on Monday, August 11th were given a $0.185 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, August 11th. This is an increase from KKR & Co. Inc.'s previous quarterly dividend of $0.18. KKR & Co. Inc.'s dividend payout ratio is currently 34.42%.

Insiders Place Their Bets

In other KKR & Co. Inc. news, Chairman George R. Roberts sold 809,906 shares of the company's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $144.25, for a total value of $116,828,940.50. Following the completion of the transaction, the chairman directly owned 81,361,978 shares of the company's stock, valued at $11,736,465,326.50. This represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 39.34% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on KKR. Oppenheimer boosted their price target on KKR & Co. Inc. from $149.00 to $162.00 and gave the company an "outperform" rating in a report on Monday, July 14th. Piper Sandler began coverage on KKR & Co. Inc. in a report on Monday, June 30th. They issued an "overweight" rating and a $150.00 price target for the company. Evercore ISI boosted their price target on KKR & Co. Inc. from $130.00 to $150.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. Keefe, Bruyette & Woods boosted their price target on KKR & Co. Inc. from $155.00 to $162.00 and gave the company an "outperform" rating in a report on Monday, August 4th. Finally, HSBC downgraded KKR & Co. Inc. from a "buy" rating to a "hold" rating and set a $142.00 price target for the company. in a report on Wednesday, July 9th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $158.07.

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.