KKR & Co. Inc. (NYSE:KKR) is Matthew 25 Management Corp’s 10th Largest Position

Matthew 25 Management Corp lessened its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 8.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,500 shares of the asset manager’s stock after selling 10,000 shares during the quarter. KKR & Co. Inc. comprises about 4.8% of Matthew 25 Management Corp’s holdings, making the stock its 10th biggest holding. Matthew 25 Management Corp’s holdings in KKR & Co. Inc. were worth $15,161,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Eastern Bank purchased a new stake in KKR & Co. Inc. in the 3rd quarter valued at $34,000. Private Advisor Group LLC raised its position in KKR & Co. Inc. by 16.4% in the 3rd quarter. Private Advisor Group LLC now owns 17,089 shares of the asset manager’s stock valued at $2,232,000 after purchasing an additional 2,403 shares during the last quarter. Greenleaf Trust raised its position in KKR & Co. Inc. by 47.1% in the 3rd quarter. Greenleaf Trust now owns 5,693 shares of the asset manager’s stock valued at $743,000 after purchasing an additional 1,824 shares during the last quarter. International Assets Investment Management LLC raised its position in KKR & Co. Inc. by 11,197.2% in the 3rd quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock valued at $44,787,000 after purchasing an additional 339,946 shares during the last quarter. Finally, CENTRAL TRUST Co raised its position in KKR & Co. Inc. by 227.0% in the 3rd quarter. CENTRAL TRUST Co now owns 726 shares of the asset manager’s stock valued at $95,000 after purchasing an additional 504 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

NYSE:KKR opened at $132.17 on Friday. 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. has a fifty-two week low of $91.92 and a fifty-two week high of $170.40. The stock has a market cap of $117.40 billion, a PE ratio of 39.69, a price-to-earnings-growth ratio of 1.00 and a beta of 1.67. The firm’s fifty day simple moving average is $150.54 and its 200-day simple moving average is $141.04.

KKR & Co. Inc. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.175 per share. The ex-dividend date is Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.53%. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.02%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Morgan Stanley reduced their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. Keefe, Bruyette & Woods reduced their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. JMP Securities upped their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 29th. Barclays reduced their price target on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.43.

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.