KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,974 shares of the asset manager’s stock after purchasing an additional 73 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in KKR & Co. Inc. were worth $1,623,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of KKR. AdvisorNet Financial Inc boosted its stake in KKR & Co. Inc. by 417.8% during the fourth quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock worth $322,000 after buying an additional 1,759 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of KKR & Co. Inc. by 8.9% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock worth $7,559,000 after purchasing an additional 4,719 shares during the period. OneDigital Investment Advisors LLC boosted its position in shares of KKR & Co. Inc. by 42.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock worth $1,976,000 after purchasing an additional 4,481 shares during the period. Caldwell Investment Management Ltd. increased its holdings in KKR & Co. Inc. by 2.9% in the 4th quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock valued at $31,477,000 after purchasing an additional 5,900 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its position in KKR & Co. Inc. by 31.1% in the third quarter. Sanctuary Advisors LLC now owns 92,741 shares of the asset manager’s stock valued at $12,110,000 after purchasing an additional 22,007 shares during the period. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

KKR & Co. Inc. Price Performance

KKR & Co. Inc. stock opened at $157.58 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. The company has a fifty day simple moving average of $152.49 and a 200-day simple moving average of $134.43. The stock has a market cap of $139.97 billion, a P/E ratio of 47.90, a price-to-earnings-growth ratio of 0.84 and a beta of 1.66. KKR & Co. Inc. has a 12-month low of $80.89 and a 12-month high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. The company had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the business earned $0.73 EPS. Equities analysts expect that KKR & Co. Inc. will post 4.13 EPS for the current fiscal year.

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were given a dividend of $0.175 per share. The ex-dividend date was Monday, November 4th. This represents a $0.70 annualized dividend and a dividend yield of 0.44%. KKR & Co. Inc.’s dividend payout ratio is presently 21.28%.

Analysts Set New Price Targets

Several research firms have recently commented on KKR. Barclays raised their price target on KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. StockNews.com raised KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. JMP Securities boosted their price target on shares of 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. Citigroup raised their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Oppenheimer upped their target price on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $159.07.

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.