1,818 Shares in KKR & Co. Inc. (NYSE:KKR) Bought by Vicus Capital

Vicus Capital acquired a new stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,818 shares of the asset manager's stock, valued at approximately $269,000.

A number of other institutional investors and hedge funds have also made changes to their positions in KKR. Hanson & Doremus Investment Management bought a new position in shares of KKR & Co. Inc. during the 4th quarter valued at approximately $27,000. Crews Bank & Trust bought a new stake in KKR & Co. Inc. in the fourth quarter worth $30,000. Raleigh Capital Management Inc. boosted its stake in KKR & Co. Inc. by 56.7% during the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager's stock worth $31,000 after buying an additional 85 shares during the period. Eastern Bank bought a new position in KKR & Co. Inc. during the third quarter valued at $34,000. Finally, Truvestments Capital LLC bought a new position in KKR & Co. Inc. during the third quarter valued at $40,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Stock Up 0.2 %

NYSE KKR traded up $0.25 during trading on Tuesday, reaching $140.81. 3,322,527 shares of the company's stock traded hands, compared to its average volume of 4,077,874. KKR & Co. Inc. has a 12-month low of $91.92 and a 12-month high of $170.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The firm has a market cap of $125.07 billion, a price-to-earnings ratio of 42.28, a price-to-earnings-growth ratio of 1.05 and a beta of 1.67. The company's 50 day simple moving average is $152.01 and its two-hundred day simple moving average is $140.70.

KKR & Co. Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 0.50%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.'s payout ratio is 21.02%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on KKR shares. Citigroup lifted their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. JMP Securities boosted their target price on KKR & Co. Inc. from $150.00 to $155.00 and gave the company a "market outperform" rating in a research report on Tuesday, October 29th. Hsbc Global Res downgraded KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft raised 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. Finally, HSBC downgraded KKR & Co. Inc. from a "buy" rating to a "hold" rating and upped their price objective for the company from $153.00 to $173.00 in a research report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, KKR & Co. Inc. presently 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.