Nilsine Partners LLC Invests $243,000 in KKR & Co. Inc. (NYSE:KKR)

Nilsine Partners LLC acquired a new position in KKR & Co. Inc. (NYSE:KKR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,644 shares of the asset manager's stock, valued at approximately $243,000.

A number of other hedge funds also recently bought and sold shares of KKR. Raleigh Capital Management Inc. raised its holdings 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 worth $31,000 after purchasing an additional 85 shares during the period. ORG Wealth Partners LLC purchased a new position in KKR & Co. Inc. during the third quarter valued at approximately $31,000. Eastern Bank bought a new position in shares of KKR & Co. Inc. in the third quarter worth approximately $34,000. Bank of New Hampshire bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth approximately $45,000. Finally, Truvestments Capital LLC purchased a new stake in shares of KKR & Co. Inc. in the third quarter worth $40,000. Hedge funds and other institutional investors own 76.26% of the company's stock.

KKR & Co. Inc. Trading Up 0.4 %

NYSE:KKR traded up $0.70 during mid-day trading on Thursday, hitting $167.00. 2,428,418 shares of the stock traded hands, compared to its average volume of 3,540,803. 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 52 week low of $85.19 and a 52 week high of $170.16. The stock has a market capitalization of $148.34 billion, a price-to-earnings ratio of 50.76, a PEG ratio of 0.93 and a beta of 1.66. The firm's 50 day moving average is $154.22 and its two-hundred day moving average is $137.56.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. TD Cowen boosted their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Citigroup boosted their target price on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Keefe, Bruyette & Woods reduced 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 report on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Finally, Wells Fargo & Company decreased their target price on KKR & Co. Inc. from $163.00 to $151.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and a consensus target price of $160.86.

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.