Perfromance Wealth Partners LLC Reduces Holdings in KKR & Co. Inc. $KKR

Key Points

• Perfromance Wealth Partners LLC trimmed its stake in KKR by 8.5% in Q4, selling 16,393 shares and leaving 175,958 shares valued at $22.43 million (about 0.6% of its holdings and its 17th largest position).
• Insiders bought significant stock on Feb 17: Director Matt Cohler purchased 43,872 shares at $102.90 and CEO Joseph Y. Bae bought 125,000 shares at $102.19; insiders have acquired 393,872 shares in the last 90 days and now own 23.20% of the company.
• Institutional ownership is high (76.26%) with large new stakes from firms like Strive and Viking; analysts have a consensus "Moderate Buy" rating with a $141.20 target, while KKR trades near $90.62 (12‑month range $82.67–$153.87) and yields about 0.8%.

Perfromance Wealth Partners LLC trimmed its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 8.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,958 shares of the asset manager's stock after selling 16,393 shares during the period. KKR & Co. Inc. comprises approximately 0.6% of Perfromance Wealth Partners LLC's holdings, making the stock its 17th biggest holding. Perfromance Wealth Partners LLC's holdings in KKR & Co. Inc. were worth $22,431,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of KKR. Strive Asset Management LLC purchased a new stake in KKR & Co. Inc. in the 3rd quarter worth approximately $535,907,000. Viking Global Investors LP purchased a new stake in KKR & Co. Inc. in the 3rd quarter worth approximately $352,038,000. Close Asset Management Ltd grew its stake in KKR & Co. Inc. by 4,155.1% in the 3rd quarter. Close Asset Management Ltd now owns 1,515,299 shares of the asset manager's stock worth $196,845,000 after acquiring an additional 1,479,688 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in KKR & Co. Inc. by 454.1% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,381,342 shares of the asset manager's stock worth $183,760,000 after acquiring an additional 1,132,046 shares during the period. Finally, Rathbones Group PLC grew its stake in KKR & Co. Inc. by 84.3% in the 4th quarter. Rathbones Group PLC now owns 1,500,547 shares of the asset manager's stock worth $191,290,000 after acquiring an additional 686,175 shares during the period. 76.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at KKR & Co. Inc.

In other KKR & Co. Inc. news, Director Matt Cohler bought 43,872 shares of KKR & Co. Inc. stock in a transaction that occurred on Tuesday, February 17th. The shares were acquired at an average price of $102.90 per share, for a total transaction of $4,514,428.80. Following the acquisition, the director owned 45,477 shares of the company's stock, valued at $4,679,583.30. The trade was a 2,733.46% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Joseph Y. Bae bought 125,000 shares of KKR & Co. Inc. stock in a transaction that occurred on Tuesday, February 17th. The shares were acquired at an average price of $102.19 per share, for a total transaction of $12,773,750.00. Following the acquisition, the chief executive officer directly owned 509,257 shares in the company, valued at approximately $52,040,972.83. This represents a 32.53% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 393,872 shares of company stock worth $40,090,679. Insiders own 23.20% of the company's stock.

KKR & Co. Inc. Stock Performance

NYSE:KKR opened at $90.62 on Wednesday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $80.79 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 0.67 and a beta of 1.93. The firm's fifty day simple moving average is $96.06 and its 200 day simple moving average is $115.65. KKR & Co. Inc. has a twelve month low of $82.67 and a twelve month high of $153.87.

KKR & Co. Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were issued a dividend of $0.185 per share. The ex-dividend date was Tuesday, February 17th. This represents a $0.74 annualized dividend and a dividend yield of 0.8%. KKR & Co. Inc.'s payout ratio is presently 31.62%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. HSBC raised shares of KKR & Co. Inc. from a "hold" rating to a "buy" rating and set a $144.00 price objective for the company in a research note on Wednesday, January 28th. Oppenheimer lowered their price objective on shares of KKR & Co. Inc. from $190.00 to $187.00 and set an "outperform" rating for the company in a research note on Friday, February 6th. Wall Street Zen raised shares of KKR & Co. Inc. from a "sell" rating to a "hold" rating in a research note on Sunday, January 25th. TD Cowen cut shares of KKR & Co. Inc. from a "buy" rating to a "hold" rating and lowered their price objective for the company from $146.00 to $131.00 in a research note on Wednesday, January 14th. Finally, The Goldman Sachs Group lowered their price objective on shares of KKR & Co. Inc. from $145.00 to $110.00 and set a "buy" rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, KKR & Co. Inc. has an average rating of "Moderate Buy" and a consensus target price of $141.20.

About KKR & Co. Inc.

KKR & Co Inc is a global investment firm headquartered in New York City that specializes in private markets and alternative asset management. Founded in 1976 by Jerome Kohlberg Jr., Henry Kravis and George R. Roberts, the firm built its reputation in leveraged buyouts and has since expanded into a multi-strategy asset manager. KKR operates across private equity, credit, real assets (including real estate and infrastructure), growth equity and hedge fund strategies, offering a range of investment products and strategies for institutional and private investors.

KKR manages capital through traditional closed-end funds as well as customized vehicles such as separate accounts, co-investments, and listed investment vehicles.

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