KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Voya Investment Management LLC

Voya Investment Management LLC lifted its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,511,081 shares of the asset manager's stock after acquiring an additional 143,025 shares during the quarter. Voya Investment Management LLC owned 0.17% of KKR & Co. Inc. worth $223,504,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of KKR. Hanson & Doremus Investment Management acquired a new stake in shares of KKR & Co. Inc. during the 4th quarter worth about $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. in the fourth quarter valued at $30,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of KKR & Co. Inc. during the fourth quarter worth about $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of KKR & Co. Inc. during the fourth quarter worth about $36,000. Finally, HM Payson & Co. boosted its position in shares of KKR & Co. Inc. by 6,800.0% in the 4th quarter. HM Payson & Co. now owns 276 shares of the asset manager's stock valued at $41,000 after purchasing an additional 272 shares during the period. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on KKR shares. HSBC upgraded shares of KKR & Co. Inc. from a "hold" rating to a "buy" rating and lowered their target price for the stock from $170.00 to $119.00 in a research report on Tuesday, April 15th. TD Cowen dropped their price objective on shares of KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Keefe, Bruyette & Woods dropped their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating on the stock in a research report on Monday, January 13th. Citigroup decreased their price objective on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Morgan Stanley cut their price target on KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $144.93.

Insider Activity at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction on Wednesday, March 5th. The shares were 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. The trade was a 23.75 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 39.34% of the company's stock.

KKR & Co. Inc. Stock Up 0.4 %

KKR & Co. Inc. stock traded up $0.45 during trading on Tuesday, reaching $114.38. 2,081,412 shares of the company's stock were exchanged, compared to its average volume of 6,002,684. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40. The firm has a market cap of $101.59 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.00 and a beta of 1.77. 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 company's 50-day moving average is $113.82 and its two-hundred day moving average is $137.53.

KKR & Co. Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.175 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.61%. KKR & Co. Inc.'s dividend payout ratio (DPR) is currently 21.02%.

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.