KKR & Co. Inc. (NYSE:KKR) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC reduced its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,730 shares of the asset manager’s stock after selling 169 shares during the period. Good Life Advisors LLC’s holdings in KKR & Co. Inc. were worth $848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. grew its holdings 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 acquiring an additional 65 shares during the period. Ballentine Partners LLC boosted its position in KKR & Co. Inc. by 1.2% in the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock worth $846,000 after purchasing an additional 70 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake 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 worth $1,623,000 after purchasing an additional 73 shares during the period. Calamos Wealth Management LLC grew its stake 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 worth $580,000 after purchasing an additional 78 shares during the period. Finally, Mather Group LLC. increased its holdings 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 purchasing an additional 78 shares in the last quarter. 76.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Keefe, Bruyette & Woods lowered their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Wells Fargo & Company dropped their target price on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. Barclays reduced their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. The Goldman Sachs Group raised their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.43.

KKR & Co. Inc. Stock Down 1.5 %

Shares of NYSE KKR opened at $138.56 on Thursday. The stock has a market cap of $123.07 billion, a PE ratio of 41.61, a P/E/G ratio of 1.04 and a beta of 1.67. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a 12-month low of $91.92 and a 12-month high of $170.40. The company has a 50-day moving average of $151.41 and a 200 day moving average of $140.91.

KKR & Co. Inc. Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.51%. KKR & Co. Inc.’s dividend payout ratio is presently 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.