Mirador Capital Partners LP Has $11.32 Million Stock Position in KKR & Co. Inc. (NYSE:KKR)

Mirador Capital Partners LP raised its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 3.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,923 shares of the asset manager's stock after buying an additional 3,511 shares during the quarter. KKR & Co. Inc. comprises 2.0% of Mirador Capital Partners LP's portfolio, making the stock its 14th biggest position. Mirador Capital Partners LP's holdings in KKR & Co. Inc. were worth $11,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of KKR. McIlrath & Eck LLC bought a new stake in KKR & Co. Inc. in the 4th quarter valued at about $26,000. Crews Bank & Trust bought a new stake in shares of KKR & Co. Inc. in the 4th quarter valued at $30,000. Mascagni Wealth Management Inc. acquired a new stake in KKR & Co. Inc. during the fourth quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of KKR & Co. Inc. during the fourth quarter valued at about $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new position in KKR & Co. Inc. in the fourth quarter worth approximately $36,000. 76.26% of the stock is currently owned by institutional investors and hedge funds.

KKR & Co. Inc. Stock Up 0.1%

Shares of NYSE:KKR traded up $0.07 during trading on Wednesday, hitting $120.55. The company's stock had a trading volume of 2,719,072 shares, compared to its average volume of 5,030,948. KKR & Co. Inc. has a fifty-two week low of $86.15 and a fifty-two week high of $170.40. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The company has a market capitalization of $107.37 billion, a PE ratio of 36.20, a PEG ratio of 1.00 and a beta of 1.91. The stock's 50-day moving average price is $113.21 and its two-hundred day moving average price is $133.42.

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

KKR & Co. Inc. Increases Dividend

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

Insider Buying and Selling at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $34.20, for a total transaction of $205,200,000.00. Following the transaction, the insider now owns 13,260,971 shares in the company, valued at $453,525,208.20. This represents a 31.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert W. Scully acquired 13,250 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was acquired at an average price of $113.49 per share, for a total transaction of $1,503,742.50. Following the completion of the acquisition, the director now directly owns 13,250 shares of the company's stock, valued at $1,503,742.50. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 8,471,488 shares of company stock valued at $501,529,092 in the last 90 days. 39.34% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

KKR has been the topic of several analyst reports. TD Cowen cut their price target on shares of KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Bank of America dropped their price objective on 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. Hsbc Global Res upgraded KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th. Wells Fargo & Company lifted their price objective on KKR & Co. Inc. from $136.00 to $140.00 and gave the stock an "overweight" rating in a report on Friday, May 23rd. Finally, Morgan Stanley upgraded shares of KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $120.00 to $150.00 in a report on Wednesday, May 14th. One investment analyst has rated the stock with a sell rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. 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.