KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Sigma Planning Corp

Sigma Planning Corp boosted its stake in KKR & Co. Inc. (NYSE:KKR) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,598 shares of the asset manager’s stock after purchasing an additional 109 shares during the period. Sigma Planning Corp’s holdings in KKR & Co. Inc. were worth $976,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Thompson Davis & CO. Inc. grew its stake in shares of KKR & Co. Inc. by 11.2% in the fourth quarter. Thompson Davis & CO. Inc. now owns 2,586 shares of the asset manager’s stock valued at $383,000 after buying an additional 261 shares in the last quarter. Bradley Foster & Sargent Inc. CT boosted its holdings in KKR & Co. Inc. by 6.1% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 16,792 shares of the asset manager’s stock worth $2,484,000 after acquiring an additional 970 shares during the period. Paradigm Asset Management Co. LLC grew its position in KKR & Co. Inc. by 92.5% in the fourth quarter. Paradigm Asset Management Co. LLC now owns 5,204 shares of the asset manager’s stock valued at $770,000 after acquiring an additional 2,500 shares in the last quarter. First Bank & Trust raised its stake in shares of KKR & Co. Inc. by 8.2% during the fourth quarter. First Bank & Trust now owns 7,324 shares of the asset manager’s stock valued at $1,083,000 after purchasing an additional 554 shares during the period. Finally, Concurrent Investment Advisors LLC raised its stake in shares of KKR & Co. Inc. by 3.0% during the fourth quarter. Concurrent Investment Advisors LLC now owns 6,422 shares of the asset manager’s stock valued at $950,000 after purchasing an additional 189 shares during the period. 76.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on KKR. Oppenheimer upped their target price on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. 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. Deutsche Bank Aktiengesellschaft lifted their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Wells Fargo & Company cut their price target on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Finally, Barclays lowered their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc. has an average rating of “Moderate Buy” and an average target price of $161.43.

KKR & Co. Inc. Stock Down 1.2 %

Shares of KKR & Co. Inc. stock opened at $129.57 on Wednesday. The stock has a market capitalization of $115.09 billion, a price-to-earnings ratio of 38.91, a PEG ratio of 1.00 and a beta of 1.67. KKR & Co. Inc. has a twelve month low of $91.92 and a twelve month high of $170.40. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The business’s 50 day simple moving average is $149.61 and its 200-day simple moving average is $141.73.

KKR & Co. Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is presently 21.02%.

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.