Robeco Institutional Asset Management B.V. Acquires 1,730 Shares of KKR & Co. Inc. (NYSE:KKR)

Robeco Institutional Asset Management B.V. lifted its position in KKR & Co. Inc. (NYSE:KKR) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,000 shares of the asset manager’s stock after buying an additional 1,730 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in KKR & Co. Inc. were worth $15,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raleigh Capital Management Inc. lifted its holdings in shares of KKR & Co. Inc. by 56.7% in the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after buying an additional 85 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of KKR & Co. Inc. in the third quarter worth about $31,000. Eastern Bank purchased a new stake in shares of KKR & Co. Inc. in the third quarter worth about $34,000. Bank of New Hampshire purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter worth about $45,000. Finally, Truvestments Capital LLC purchased a new stake in shares of KKR & Co. Inc. in the third quarter worth about $40,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KKR. Deutsche Bank Aktiengesellschaft increased their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a report on Monday, November 11th. JMP Securities lifted their target price 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. Citigroup lifted their target price on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Hsbc Global Res lowered shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Company dropped their target price on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and a consensus price target of $160.86.

KKR & Co. Inc. Trading Up 0.1 %

Shares of KKR opened at $167.04 on Friday. The firm has a market cap of $148.37 billion, a price-to-earnings ratio of 50.77, a PEG ratio of 0.95 and a beta of 1.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a fifty-two week low of $85.19 and a fifty-two week high of $170.40. The firm has a 50 day moving average price of $154.40 and a 200-day moving average price of $137.77.

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.