Retireful LLC Has $2.34 Million Stock Position in KKR & Co. Inc. (NYSE:KKR)

Retireful LLC lessened its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 53.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,239 shares of the asset manager's stock after selling 32,797 shares during the period. KKR & Co. Inc. comprises 1.0% of Retireful LLC's portfolio, making the stock its 25th largest position. Retireful LLC's holdings in KKR & Co. Inc. were worth $2,340,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. boosted its holdings in KKR & Co. Inc. by 197.2% in the fourth quarter. Blue Trust Inc. now owns 318 shares of the asset manager's stock worth $26,000 after purchasing an additional 211 shares during the period. Quarry LP boosted its stake in KKR & Co. Inc. by 95.3% in the second quarter. Quarry LP now owns 459 shares of the asset manager's stock valued at $26,000 after acquiring an additional 224 shares during the period. CVA Family Office LLC bought a new position in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $48,000. Washington Trust Advisors Inc. raised its position in shares of KKR & Co. Inc. by 258.3% during the 4th quarter. Washington Trust Advisors Inc. now owns 627 shares of the asset manager's stock worth $52,000 after purchasing an additional 452 shares during the period. Finally, Bruce G. Allen Investments LLC bought a new position in KKR & Co. Inc. during the 4th quarter worth $53,000. Institutional investors and hedge funds own 76.26% of the company's stock.

Insider Buying and Selling

In other KKR & Co. Inc. news, major shareholder Kkr Group Partnership L.P. sold 13,800,000 shares of the company's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $9.87, for a total value of $136,206,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, major shareholder Kkr Alternative Assets Llc acquired 571,429 shares of KKR & Co. Inc. stock in a transaction on Tuesday, March 26th. The stock was bought at an average cost of $25.00 per share, with a total value of $14,285,725.00. Following the completion of the purchase, the insider now owns 1,000,687 shares of the company's stock, valued at $25,017,175. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Kkr Group Partnership L.P. sold 13,800,000 shares of KKR & Co. Inc. stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $9.87, for a total transaction of $136,206,000.00. The disclosure for this sale can be found here. 39.34% of the stock is currently owned by insiders.

KKR & Co. Inc. Price Performance

Shares of KKR & Co. Inc. stock traded up $2.76 during trading on Friday, hitting $100.93. The stock had a trading volume of 2,662,914 shares, compared to its average volume of 2,646,552. The business has a fifty day moving average of $96.37 and a two-hundred day moving average of $79.48. KKR & Co. Inc. has a fifty-two week low of $47.79 and a fifty-two week high of $103.48. The firm has a market cap of $89.32 billion, a P/E ratio of 24.74, a PEG ratio of 0.82 and a beta of 1.61. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.11 and a quick ratio of 0.11.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The asset manager reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.03. KKR & Co. Inc. had a net margin of 25.74% and a return on equity of 4.21%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $995.64 million. On average, sell-side analysts expect that KKR & Co. Inc. will post 4.63 earnings per share for the current fiscal year.

KKR & Co. Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.65%. The ex-dividend date was Thursday, February 15th. KKR & Co. Inc.'s dividend payout ratio is presently 16.18%.

Wall Street Analyst Weigh In

Several research firms have recently commented on KKR. Morgan Stanley upped their price target on shares of KKR & Co. Inc. from $75.00 to $82.00 and gave the stock an "equal weight" rating in a research report on Wednesday, January 24th. JMP Securities upped their target price on shares of KKR & Co. Inc. from $92.00 to $108.00 and gave the stock a "market outperform" rating in a research report on Wednesday, February 7th. Wells Fargo & Company lifted their price target on KKR & Co. Inc. from $93.00 to $103.00 and gave the company an "overweight" rating in a report on Wednesday, February 7th. TD Cowen assumed coverage on KKR & Co. Inc. in a research report on Thursday, January 4th. They set an "outperform" rating and a $96.00 price objective for the company. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and issued a $104.00 target price on shares of KKR & Co. Inc. in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and a consensus target price of $84.71.

About KKR & Co. Inc.

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.