KKR & Co. Inc. (NYSE:KKR) Shares Sold by Advisor OS LLC

Advisor OS LLC reduced its stake in KKR & Co. Inc. (NYSE:KKR) by 17.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,015 shares of the asset manager’s stock after selling 2,531 shares during the quarter. Advisor OS LLC’s holdings in KKR & Co. Inc. were worth $1,777,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Hanson & Doremus Investment Management purchased a new position in shares of KKR & Co. Inc. in the fourth quarter worth about $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. in the 4th quarter worth approximately $30,000. Truvestments Capital LLC purchased a new position in KKR & Co. Inc. during the 3rd quarter worth approximately $40,000. Bank of New Hampshire acquired a new stake in KKR & Co. Inc. during the 4th quarter valued at approximately $45,000. Finally, Farmers & Merchants Investments Inc. lifted its stake in KKR & Co. Inc. by 17.8% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock valued at $64,000 after acquiring an additional 65 shares during the period. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

KKR has been the topic of a number of research reports. Keefe, Bruyette & Woods cut their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. The Goldman Sachs Group lifted their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. JMP Securities raised their target price on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 29th. Finally, Barclays decreased 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. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Stock Down 1.2 %

Shares of NYSE KKR opened at $129.57 on Wednesday. The firm has a market cap of $115.09 billion, a price-to-earnings ratio of 38.91, a price-to-earnings-growth ratio of 1.00 and a beta of 1.67. The company’s 50-day simple moving average is $149.61 and its 200-day simple moving average is $141.73. 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 52-week low of $91.92 and a 52-week high of $170.40.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed 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 0.54%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s payout ratio is 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.