Crossmark Global Holdings Inc. Has $3.88 Million Stake in KKR & Co. Inc. (NYSE:KKR)

Crossmark Global Holdings Inc. reduced its stake in KKR & Co. Inc. (NYSE:KKR) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,252 shares of the asset manager’s stock after selling 528 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in KKR & Co. Inc. were worth $3,883,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KKR. ORG Wealth Partners LLC acquired a new stake in shares of KKR & Co. Inc. in the 3rd quarter valued at about $31,000. Raleigh Capital Management Inc. raised its position in KKR & Co. Inc. by 56.7% in the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after buying an additional 85 shares during the last quarter. Eastern Bank bought a new stake in KKR & Co. Inc. in the 3rd quarter valued at approximately $34,000. Truvestments Capital LLC acquired a new position in KKR & Co. Inc. during the 3rd quarter worth approximately $40,000. Finally, Bank of New Hampshire bought a new position in shares of KKR & Co. Inc. during the 4th quarter worth approximately $45,000. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $161.58 on Thursday. KKR & Co. Inc. has a 52-week low of $83.01 and a 52-week high of $163.68. The stock has a market cap of $143.52 billion, a PE ratio of 49.11, a P/E/G ratio of 0.90 and a beta of 1.66. The firm has a 50-day moving average of $152.68 and a 200-day moving average of $135.38. 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. (NYSE:KKR) last posted its earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, beating the consensus estimate of $1.03 by $0.35. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same quarter in the prior year, the business earned $0.73 earnings per share. On average, sell-side analysts anticipate that KKR & Co. Inc. will post 4.13 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on KKR shares. Evercore ISI boosted their price objective on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Keefe, Bruyette & Woods cut their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. The Goldman Sachs Group raised their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Finally, TD Cowen raised their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, KKR & Co. Inc. presently has an average 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.