KKR & Co. Inc. (NYSE:KKR) Shares Sold by L.M. Kohn & Company

L.M. Kohn & Company lessened its holdings in KKR & Co. Inc. (NYSE:KKR) by 6.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,735 shares of the asset manager’s stock after selling 257 shares during the quarter. L.M. Kohn & Company’s holdings in KKR & Co. Inc. were worth $552,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. boosted its stake in KKR & Co. Inc. by 17.8% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock worth $64,000 after buying an additional 65 shares during the last quarter. Ballentine Partners LLC boosted its position in shares of KKR & Co. Inc. by 1.2% during the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock valued at $846,000 after acquiring an additional 70 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in shares of KKR & Co. Inc. by 0.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager’s stock valued at $1,623,000 after acquiring an additional 73 shares during the last quarter. Calamos Wealth Management LLC boosted its position in shares of KKR & Co. Inc. by 2.0% during the 4th quarter. Calamos Wealth Management LLC now owns 3,918 shares of the asset manager’s stock valued at $580,000 after acquiring an additional 78 shares during the last quarter. Finally, Mather Group LLC. boosted its position in shares of KKR & Co. Inc. by 7.9% during the 4th quarter. Mather Group LLC. now owns 1,064 shares of the asset manager’s stock valued at $157,000 after acquiring an additional 78 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Up 1.0 %

Shares of NYSE:KKR opened at $140.73 on Friday. The firm’s 50 day moving average price is $152.24 and its 200 day moving average price is $140.43. The stock has a market cap of $125.00 billion, a price-to-earnings ratio of 42.26, a price-to-earnings-growth ratio of 1.05 and a beta of 1.67. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week high of $170.40. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.50%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.02%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on KKR shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods decreased their price objective on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Citigroup upped their price target on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Oppenheimer upped their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Hsbc Global Res cut shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.43.

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.