KKR & Co. Inc. (NYSE:KKR) Stock Holdings Lowered by Private Trust Co. NA

Private Trust Co. NA lessened its position in KKR & Co. Inc. (NYSE:KKR) by 48.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,350 shares of the asset manager’s stock after selling 1,254 shares during the period. Private Trust Co. NA’s holdings in KKR & Co. Inc. were worth $200,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of KKR. Farmers & Merchants Investments Inc. increased its stake in shares of KKR & Co. Inc. by 17.8% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock valued at $64,000 after purchasing an additional 65 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in KKR & Co. Inc. by 0.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 16,427 shares of the asset manager’s stock worth $2,430,000 after buying an additional 69 shares in the last quarter. Ballentine Partners LLC increased its position in KKR & Co. Inc. by 1.2% in the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock valued at $846,000 after acquiring an additional 70 shares during the period. Parkside Financial Bank & Trust increased its position in KKR & Co. Inc. by 5.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,289 shares of the asset manager’s stock valued at $191,000 after acquiring an additional 70 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in KKR & Co. Inc. by 0.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager’s stock valued at $1,623,000 after acquiring an additional 73 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Price Performance

NYSE KKR opened at $132.78 on Tuesday. KKR & Co. Inc. has a 1 year low of $91.92 and a 1 year high of $170.40. The business’s fifty day moving average is $148.61 and its two-hundred day moving average is $142.20. The stock has a market capitalization of $117.94 billion, a P/E ratio of 39.87, a P/E/G ratio of 1.00 and a beta of 1.67. 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. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.02%.

Wall Street Analysts Forecast Growth

KKR has been the subject of several recent analyst reports. 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 note on Monday, November 11th. Hsbc Global Res lowered shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Oppenheimer boosted their price target on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Wells Fargo & Company reduced their price target on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 5th. Finally, Morgan Stanley lowered their price objective on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.43.

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.