KKR & Co. Inc. (NYSE:KKR) Stock Holdings Increased by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its position in shares of KKR & Co. Inc. (NYSE:KKR) by 36.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 18,376 shares of the asset manager’s stock after buying an additional 4,930 shares during the quarter. Jones Financial Companies Lllp’s holdings in KKR & Co. Inc. were worth $2,718,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Pettinga Financial Advisors LLC bought a new position in KKR & Co. Inc. during the third quarter worth $238,000. Janney Montgomery Scott LLC raised its holdings in shares of KKR & Co. Inc. by 4.7% during the third quarter. Janney Montgomery Scott LLC now owns 106,488 shares of the asset manager’s stock worth $13,905,000 after purchasing an additional 4,763 shares during the period. Van ECK Associates Corp lifted its position in shares of KKR & Co. Inc. by 4.3% in the 3rd quarter. Van ECK Associates Corp now owns 17,166 shares of the asset manager’s stock worth $2,378,000 after buying an additional 704 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in shares of KKR & Co. Inc. by 14.7% in the 3rd quarter. QRG Capital Management Inc. now owns 23,575 shares of the asset manager’s stock valued at $3,078,000 after buying an additional 3,015 shares during the period. Finally, Hanseatic Management Services Inc. boosted its holdings in shares of KKR & Co. Inc. by 5.6% in the 3rd quarter. Hanseatic Management Services Inc. now owns 8,661 shares of the asset manager’s stock valued at $1,131,000 after buying an additional 463 shares during the period. Institutional investors own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KKR. Keefe, Bruyette & Woods dropped their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft increased 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. Morgan Stanley reduced their price objective on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. The Goldman Sachs Group upped their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Oppenheimer raised their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Trading Up 2.0 %

Shares of NYSE:KKR opened at $123.15 on Thursday. The company has a 50 day moving average of $147.36 and a 200-day moving average of $142.07. 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 firm has a market cap of $109.38 billion, a P/E ratio of 36.98, a P/E/G ratio of 1.00 and a beta of 1.72. KKR & Co. Inc. has a twelve month low of $91.92 and a twelve month high of $170.40.

KKR & Co. Inc. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.175 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.57%. KKR & Co. Inc.’s dividend payout ratio (DPR) is 21.02%.

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.