Yousif Capital Management LLC Has $7.86 Million Position in KKR & Co. Inc. (NYSE:KKR)

Yousif Capital Management LLC grew its position in KKR & Co. Inc. (NYSE:KKR - Free Report) by 3.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,022 shares of the asset manager's stock after acquiring an additional 2,358 shares during the quarter. Yousif Capital Management LLC's holdings in KKR & Co. Inc. were worth $7,864,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Daymark Wealth Partners LLC increased its holdings in KKR & Co. Inc. by 19.3% in the 1st quarter. Daymark Wealth Partners LLC now owns 14,585 shares of the asset manager's stock valued at $1,686,000 after buying an additional 2,361 shares during the period. Wesbanco Bank Inc. grew its stake in shares of KKR & Co. Inc. by 2.1% in the 1st quarter. Wesbanco Bank Inc. now owns 25,130 shares of the asset manager's stock valued at $2,905,000 after purchasing an additional 518 shares during the period. Wedmont Private Capital raised its holdings in shares of KKR & Co. Inc. by 26.5% in the 1st quarter. Wedmont Private Capital now owns 5,465 shares of the asset manager's stock worth $632,000 after buying an additional 1,145 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of KKR & Co. Inc. by 8.1% in the 1st quarter. Sivia Capital Partners LLC now owns 1,813 shares of the asset manager's stock worth $210,000 after buying an additional 136 shares in the last quarter. Finally, Pines Wealth Management LLC lifted its position in shares of KKR & Co. Inc. by 3.0% during the 1st quarter. Pines Wealth Management LLC now owns 4,115 shares of the asset manager's stock worth $476,000 after buying an additional 121 shares during the period. Institutional investors and hedge funds own 76.26% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on KKR shares. Morgan Stanley upgraded KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $120.00 to $150.00 in a research note on Wednesday, May 14th. Keefe, Bruyette & Woods upped 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 note on Friday, May 2nd. Citigroup dropped their price objective on shares of KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Hsbc Global Res raised KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th. Finally, JMP Securities dropped their price target on KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. One investment 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 stock. According to MarketBeat, KKR & Co. Inc. has a consensus rating of "Buy" and a consensus target price of $149.43.

Insider Activity

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

KKR & Co. Inc. Stock Down 0.8%

KKR stock traded down $1.00 during trading hours on Thursday, reaching $125.00. 896,890 shares of the stock were exchanged, compared to its average volume of 4,916,541. The firm's 50-day moving average is $114.68 and its 200-day moving average is $132.25. KKR & Co. Inc. has a 12 month low of $86.15 and a 12 month high of $170.40. The company has a market cap of $111.33 billion, a price-to-earnings ratio of 37.54, a PEG ratio of 1.00 and a beta of 1.89. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last released its earnings results on Thursday, May 1st. The asset manager reported $1.15 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 firm had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.71 billion. During the same quarter in the previous year, the business posted $0.97 EPS. The business's quarterly revenue was down 67.8% compared to the same quarter last year. On average, equities research analysts expect that KKR & Co. Inc. will post 5.19 earnings per share for the current year.

KKR & Co. Inc. Increases Dividend

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

KKR & Co. Inc. 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.