Natixis Advisors LLC Grows Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Natixis Advisors LLC raised its stake in KKR & Co. Inc. (NYSE:KKR) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 576,741 shares of the asset manager’s stock after buying an additional 5,652 shares during the period. Natixis Advisors LLC owned about 0.06% of KKR & Co. Inc. worth $85,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Frank Rimerman Advisors LLC boosted its position in KKR & Co. Inc. by 72.9% in the 4th quarter. Frank Rimerman Advisors LLC now owns 4,874 shares of the asset manager’s stock valued at $721,000 after buying an additional 2,055 shares during the period. Campbell Capital Management Inc. boosted its position in KKR & Co. Inc. by 2.0% in the 4th quarter. Campbell Capital Management Inc. now owns 87,068 shares of the asset manager’s stock valued at $12,878,000 after buying an additional 1,701 shares during the period. Commonwealth Equity Services LLC boosted its position in KKR & Co. Inc. by 8.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 96,516 shares of the asset manager’s stock valued at $14,276,000 after buying an additional 7,590 shares during the period. PGGM Investments purchased a new stake in KKR & Co. Inc. in the 4th quarter valued at about $754,000. Finally, Bowen Hanes & Co. Inc. purchased a new stake in KKR & Co. Inc. in the 4th quarter valued at about $5,999,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on KKR shares. Barclays lowered 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. Keefe, Bruyette & Woods lowered 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. Wells Fargo & Company lowered their price target on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Oppenheimer upped their price target on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research report 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 given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Trading Up 4.5 %

Shares of KKR & Co. Inc. stock opened at $113.54 on Friday. 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 firm has a market capitalization of $100.85 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 1.00 and a beta of 1.72. The firm’s 50 day simple moving average is $142.16 and its two-hundred day simple moving average is $141.68.

KKR & Co. Inc. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.62%. KKR & Co. Inc.’s payout ratio is 21.02%.

Insider Buying and Selling at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total value of $197,760,000.00. Following the sale, the insider now directly owns 19,260,971 shares of the company’s stock, valued at $634,841,604.16. This represents a 23.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 39.34% of the stock is currently owned by company insiders.

KKR & Co. Inc. 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.