Quantinno Capital Management LP Has $5.49 Million Position in KKR & Co. Inc. (NYSE:KKR)

Quantinno Capital Management LP increased its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 46.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,091 shares of the asset manager's stock after acquiring an additional 11,822 shares during the period. Quantinno Capital Management LP's holdings in KKR & Co. Inc. were worth $5,486,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Brookstone Capital Management purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter worth approximately $335,000. Tallon Kerry Patrick purchased a new stake in KKR & Co. Inc. in the 4th quarter worth approximately $207,000. Ritholtz Wealth Management lifted its position in KKR & Co. Inc. by 28.1% in the 4th quarter. Ritholtz Wealth Management now owns 2,878 shares of the asset manager's stock worth $426,000 after buying an additional 631 shares in the last quarter. Empirical Asset Management LLC boosted its stake in shares of KKR & Co. Inc. by 59.2% during the 4th quarter. Empirical Asset Management LLC now owns 16,443 shares of the asset manager's stock valued at $2,432,000 after buying an additional 6,112 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its stake in shares of KKR & Co. Inc. by 0.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager's stock valued at $1,623,000 after buying an additional 73 shares during the period. 76.26% of the stock is currently owned by institutional investors and hedge funds.

KKR & Co. Inc. Stock Performance

NYSE:KKR traded down $6.38 during midday trading on Wednesday, reaching $117.77. The stock had a trading volume of 4,093,538 shares, compared to its average volume of 5,011,818. The stock has a market capitalization of $104.89 billion, a P/E ratio of 35.36, a PEG ratio of 1.00 and a beta of 1.91. KKR & Co. Inc. has a 1-year low of $86.15 and a 1-year high of $170.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The firm's fifty day simple moving average is $112.75 and its 200-day simple moving average is $135.46.

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

KKR & Co. Inc. Increases Dividend

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

Insider Buying and Selling at KKR & Co. Inc.

In related news, Director Robert W. Scully acquired 13,250 shares of the business's stock in a transaction dated Tuesday, May 6th. The stock was acquired at an average price of $113.49 per share, with a total value of $1,503,742.50. Following the completion of the transaction, the director now owns 13,250 shares of the company's stock, valued at approximately $1,503,742.50. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the 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 completion of the sale, the insider now owns 13,260,971 shares of the company's stock, 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 own 39.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of KKR & Co. Inc. from $120.00 to $136.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Morgan Stanley upgraded KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $120.00 to $150.00 in a research note on Wednesday, May 14th. Citigroup dropped their target price on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. TD Cowen reduced their price target on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Finally, Barclays boosted their price target on KKR & Co. Inc. from $129.00 to $141.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, fourteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, KKR & Co. Inc. currently has an average rating of "Buy" and an average price target of $149.14.

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.