TFR Capital LLC. Invests $1.53 Million in KKR & Co. Inc. (NYSE:KKR)

TFR Capital LLC. acquired a new stake in KKR & Co. Inc. (NYSE:KKR - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 13,221 shares of the asset manager's stock, valued at approximately $1,528,000.

A number of other large investors have also recently bought and sold shares of KKR. Brighton Jones LLC raised its position in KKR & Co. Inc. by 109.6% during the fourth quarter. Brighton Jones LLC now owns 4,661 shares of the asset manager's stock worth $689,000 after acquiring an additional 2,437 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in shares of KKR & Co. Inc. by 1.0% in the 4th quarter. Proficio Capital Partners LLC now owns 31,270 shares of the asset manager's stock valued at $4,625,000 after purchasing an additional 316 shares during the period. HighTower Advisors LLC raised its holdings in shares of KKR & Co. Inc. by 10.9% in the 4th quarter. HighTower Advisors LLC now owns 94,782 shares of the asset manager's stock valued at $14,019,000 after purchasing an additional 9,331 shares during the period. Sequoia Financial Advisors LLC grew its holdings in KKR & Co. Inc. by 5.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 15,346 shares of the asset manager's stock worth $2,270,000 after purchasing an additional 742 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in KKR & Co. Inc. by 23.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 23,626 shares of the asset manager's stock worth $3,494,000 after buying an additional 4,447 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company's stock.

KKR & Co. Inc. Stock Performance

KKR stock traded down $1.92 during midday trading on Friday, reaching $141.13. 3,204,355 shares of the company's stock traded hands, compared to its average volume of 4,241,867. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.08 and a current ratio of 0.08. The firm has a market capitalization of $125.70 billion, a PE ratio of 59.55, a price-to-earnings-growth ratio of 1.58 and a beta of 1.88. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week high of $170.40. The company has a 50-day moving average price of $125.56 and a two-hundred day moving average price of $128.43.

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

KKR & Co. Inc. Increases Dividend

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

Insider Activity at KKR & Co. Inc.

In other KKR & Co. Inc. news, Director Robert W. Scully acquired 13,250 shares of the company's stock in a transaction that occurred on Tuesday, May 6th. The shares were bought at an average cost of $113.49 per share, with a total value of $1,503,742.50. Following the completion of the transaction, the director directly owned 13,250 shares of the company's stock, valued at approximately $1,503,742.50. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $34.20, for a total value of $205,200,000.00. Following the completion of the transaction, the insider directly owned 13,260,971 shares of the company's stock, valued at approximately $453,525,208.20. This trade represents a 31.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,471,488 shares of company stock valued at $501,529,092 over the last ninety days. Corporate insiders own 39.34% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Keefe, Bruyette & Woods lifted their price objective on shares of KKR & Co. Inc. from $129.00 to $131.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. Citigroup boosted their price objective on KKR & Co. Inc. from $132.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday. JMP Securities decreased their target price on KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating on the stock in a research report on Tuesday, April 8th. Hsbc Global Res cut KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, Evercore ISI boosted their target price on shares of KKR & Co. Inc. from $130.00 to $150.00 and gave the company an "outperform" rating in a research report on Thursday. One analyst has rated the stock with a sell rating, two have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $155.20.

KKR & Co. Inc. Company 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.