KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. raised its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 141.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,813 shares of the asset manager's stock after purchasing an additional 4,579 shares during the period. Vise Technologies Inc.'s holdings in KKR & Co. Inc. were worth $1,156,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Tallon Kerry Patrick purchased a new position in KKR & Co. Inc. in the 4th quarter valued at $207,000. Simon Quick Advisors LLC raised its position in shares of KKR & Co. Inc. by 14.7% in the fourth quarter. Simon Quick Advisors LLC now owns 2,817 shares of the asset manager's stock valued at $417,000 after buying an additional 360 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of KKR & Co. Inc. by 2.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 69,154 shares of the asset manager's stock worth $10,229,000 after buying an additional 1,527 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of KKR & Co. Inc. by 15.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 123,299 shares of the asset manager's stock worth $18,237,000 after buying an additional 16,811 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its position in KKR & Co. Inc. by 6.6% during the fourth quarter. Avior Wealth Management LLC now owns 8,119 shares of the asset manager's stock worth $1,201,000 after acquiring an additional 506 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Timothy R. Barakett acquired 35,000 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were bought at an average price of $117.92 per share, with a total value of $4,127,200.00. Following the completion of the acquisition, the director now owns 185,000 shares in the company, valued at $21,815,200. This trade represents a 23.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the sale, the insider now owns 19,260,971 shares of the company's stock, valued at $634,841,604.16. This represents a 23.75% decrease in their position. The disclosure for this sale can be found here. 39.34% of the stock is owned by insiders.

KKR & Co. Inc. Trading Up 0.1%

Shares of KKR traded up $0.13 during midday trading on Wednesday, hitting $121.05. 2,934,784 shares of the stock were exchanged, compared to its average volume of 5,012,944. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-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 stock has a fifty day simple moving average of $113.03 and a 200 day simple moving average of $134.49. The firm has a market cap of $107.81 billion, a P/E ratio of 36.35, a P/E/G ratio of 1.00 and a beta of 1.91.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last posted its earnings results on Thursday, May 1st. The asset manager reported $1.15 earnings per share (EPS) for the quarter, topping 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 6.20% and a net margin of 14.31%. KKR & Co. Inc.'s revenue was down 67.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 EPS. On average, research analysts anticipate that KKR & Co. Inc. will post 5.19 EPS for the current fiscal year.

KKR & Co. Inc. Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 13th were issued 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 of this dividend was Monday, May 12th. This represents a yield of 0.64%. KKR & Co. Inc.'s dividend payout ratio is 31.22%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Morgan Stanley upgraded shares of KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $120.00 to $150.00 in a report on Wednesday, May 14th. Bank of America reduced their price target on KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating on the stock in a report on Friday, April 4th. Barclays raised their price objective on shares of KKR & Co. Inc. from $129.00 to $141.00 and gave the stock an "overweight" rating in a research report on Friday, May 2nd. Hsbc Global Res upgraded shares of KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of KKR & Co. Inc. from $129.00 to $131.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price 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.