Concurrent Investment Advisors LLC Has $950,000 Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Concurrent Investment Advisors LLC grew its stake in KKR & Co. Inc. (NYSE:KKR) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,422 shares of the asset manager’s stock after purchasing an additional 189 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in KKR & Co. Inc. were worth $950,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in KKR. Hanson & Doremus Investment Management acquired a new position in KKR & Co. Inc. in the fourth quarter valued at about $27,000. Crews Bank & Trust acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth about $30,000. Eastern Bank bought a new stake in shares of KKR & Co. Inc. in the 3rd quarter valued at about $34,000. Bank of New Hampshire acquired a new stake in shares of KKR & Co. Inc. in the 4th quarter valued at approximately $45,000. Finally, Truvestments Capital LLC bought a new position in KKR & Co. Inc. during the 3rd quarter worth approximately $40,000. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Price Performance

Shares of 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 twelve month low of $91.92 and a twelve month high of $170.40. The stock has a market capitalization of $117.40 billion, a P/E ratio of 39.69, a P/E/G ratio of 1.00 and a beta of 1.67. The company has a 50 day moving average of $150.54 and a 200-day moving average of $141.04.

KKR & Co. Inc. Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Oppenheimer upped their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. JMP Securities raised their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group boosted their target price 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. Finally, Deutsche Bank Aktiengesellschaft raised their price target 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. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and an average price target of $161.43.

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.