NYSE:KKR - KKR & Co. L.P. Unit Stock Price, Price Target & More

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$24.85 +0.28 (+1.14 %)
(As of 06/25/2018 03:40 AM ET)
Previous Close$24.85
Today's Range$24.60 - $25.00
52-Week Range$17.96 - $25.00
Volume5.73 million shs
Average Volume2.06 million shs
Market Capitalization$12.21 billion
P/E Ratio10.44
Dividend Yield2.77%
Beta1.6
KKR & Co. L.P. Unit logoKKR & Co. L.P. 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, and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, information technology infrastructure, financial technology, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the upstream oil and gas and equipment, minerals and royalties and services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Malaysia, Singapore, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea with a focus on South Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire majority and minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. L.P. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, and Asia.

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Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNYSE:KKR
CUSIPN/A
Phone212-750-8300

Debt

Debt-to-Equity Ratio1.07
Current Ratio0.90
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio10.44
Forward P/E Ratio11.04
P/E Growth1.01

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales3.76
Cash Flow$4.2919 per share
Price / Cash5.79
Book Value$40.98 per share
Price / Book0.61

Profitability

EPS (Most Recent Fiscal Year)$2.38
Net Income$1.02 billion
Net Margins30.30%
Return on Equity7.96%
Return on Assets3.42%

Miscellaneous

Employees1,184
Outstanding Shares496,890,000

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KKR & Co. L.P. Unit (NYSE:KKR) Frequently Asked Questions

What is KKR & Co. L.P. Unit's stock symbol?

KKR & Co. L.P. Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "KKR."

How often does KKR & Co. L.P. Unit pay dividends? What is the dividend yield for KKR & Co. L.P. Unit?

KKR & Co. L.P. Unit declared a quarterly dividend on Thursday, May 3rd. Investors of record on Monday, May 14th will be given a dividend of $0.17 per share on Tuesday, May 29th. This represents a $0.68 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Friday, May 11th. View KKR & Co. L.P. Unit's Dividend History.

How will KKR & Co. L.P. Unit's stock buyback program work?

KKR & Co. L.P. Unit announced that its board has approved a stock repurchase plan on Tuesday, April 11th 2017, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 35% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

How were KKR & Co. L.P. Unit's earnings last quarter?

KKR & Co. L.P. Unit (NYSE:KKR) issued its earnings results on Thursday, May, 3rd. The asset manager reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.23. The asset manager had revenue of $382.20 million for the quarter, compared to analyst estimates of $337.44 million. KKR & Co. L.P. Unit had a net margin of 30.30% and a return on equity of 7.96%. The business's revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. View KKR & Co. L.P. Unit's Earnings History.

When is KKR & Co. L.P. Unit's next earnings date?

KKR & Co. L.P. Unit is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for KKR & Co. L.P. Unit.

What price target have analysts set for KKR?

10 equities research analysts have issued 12 month price targets for KKR & Co. L.P. Unit's shares. Their predictions range from $22.00 to $32.00. On average, they anticipate KKR & Co. L.P. Unit's stock price to reach $26.50 in the next year. View Analyst Ratings for KKR & Co. L.P. Unit.

Who are some of KKR & Co. L.P. Unit's key competitors?

Who are KKR & Co. L.P. Unit's key executives?

KKR & Co. L.P. Unit's management team includes the folowing people:
  • Mr. George R. Roberts J.D., Co-Founder, Co-Chairman and Co-Chief Exec. Officer of KKR Management LLC (Age 75)
  • Mr. Henry Robert Kravis, Co-Founder, Co-Chairman and Co-Chief Exec. Officer of KKR Management LLC (Age 74)
  • Mr. Joseph Y. Bae, Co-Pres, Co-COO & Director of KKR Management LLC (Age 46)
  • Mr. Scott C. Nuttall, Co-Pres, Co-COO & Director of KKR Management LLC (Age 45)
  • Mr. William J. Janetschek CPA, Member & Chief Financial Officer of KKR Management LLC (Age 55)

Has KKR & Co. L.P. Unit been receiving favorable news coverage?

News stories about KKR stock have been trending somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. KKR & Co. L.P. Unit earned a news impact score of 0.13 on Accern's scale. They also gave press coverage about the asset manager an impact score of 46.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are KKR & Co. L.P. Unit's major shareholders?

KKR & Co. L.P. Unit's stock is owned by a variety of of retail and institutional investors. Top institutional investors include ValueAct Holdings L.P. (10.00%), JPMorgan Chase & Co. (3.72%), Principal Financial Group Inc. (2.93%), Wells Fargo & Company MN (0.69%), Alkeon Capital Management LLC (0.65%) and Amundi Pioneer Asset Management Inc. (0.45%). Company insiders that own KKR & Co. L.P. Unit stock include Fund Holdings LP Kkr, Holdings LP Valueact, Kkr Credit Advisors (Us) Llc and Robert W Scully. View Institutional Ownership Trends for KKR & Co. L.P. Unit.

Which major investors are selling KKR & Co. L.P. Unit stock?

KKR stock was sold by a variety of institutional investors in the last quarter, including Algebris UK Ltd, SG Americas Securities LLC, LPL Financial LLC, Wells Fargo & Company MN, Franklin Resources Inc., Mckinley Capital Management LLC Delaware, Amundi Pioneer Asset Management Inc. and Northern Trust Corp. Company insiders that have sold KKR & Co. L.P. Unit company stock in the last year include Fund Holdings LP Kkr and Kkr Credit Advisors (Us) Llc. View Insider Buying and Selling for KKR & Co. L.P. Unit.

Which major investors are buying KKR & Co. L.P. Unit stock?

KKR stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., ValueAct Holdings L.P., Natixis, Cannell Peter B & Co. Inc., Russell Investments Group Ltd., Robeco Institutional Asset Management B.V., Legal & General Group Plc and Principal Financial Group Inc.. Company insiders that have bought KKR & Co. L.P. Unit stock in the last two years include Holdings LP Valueact and Robert W Scully. View Insider Buying and Selling for KKR & Co. L.P. Unit.

How do I buy shares of KKR & Co. L.P. Unit?

Shares of KKR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is KKR & Co. L.P. Unit's stock price today?

One share of KKR stock can currently be purchased for approximately $24.85.

How big of a company is KKR & Co. L.P. Unit?

KKR & Co. L.P. Unit has a market capitalization of $12.21 billion and generates $3.28 billion in revenue each year. The asset manager earns $1.02 billion in net income (profit) each year or $2.38 on an earnings per share basis. KKR & Co. L.P. Unit employs 1,184 workers across the globe.

How can I contact KKR & Co. L.P. Unit?

KKR & Co. L.P. Unit's mailing address is 9 WEST 57TH STREET SUITE 4200, NEW YORK NY, 10019. The asset manager can be reached via phone at 212-750-8300 or via email at [email protected]


MarketBeat Community Rating for KKR & Co. L.P. Unit (KKR)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  470 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  794
MarketBeat's community ratings are surveys of what our community members think about KKR & Co. L.P. Unit and other stocks. Vote "Outperform" if you believe KKR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KKR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/25/2018 by MarketBeat.com Staff

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