Caisse Des Depots ET Consignations Makes New $3.27 Million Investment in KKR & Co. Inc. (NYSE:KKR)

Caisse Des Depots ET Consignations acquired a new stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,099 shares of the asset manager's stock, valued at approximately $3,269,000.

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

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Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Morgan Stanley cut their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Hsbc Global Res downgraded KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 30th. Wells Fargo & Company raised KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and lowered their price target for the company from $150.00 to $141.00 in a research report on Thursday, March 20th. Barclays cut their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Finally, Oppenheimer boosted 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, three have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, KKR & Co. Inc. currently has a consensus rating of "Moderate Buy" and an average target price of $160.79.

KKR & Co. Inc. Stock Down 2.2 %

Shares of KKR & Co. Inc. stock traded down $2.64 during trading on Friday, hitting $114.90. The company's stock had a trading volume of 6,223,634 shares, compared to its average volume of 4,611,496. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The company has a market capitalization of $102.06 billion, a PE ratio of 34.51, a P/E/G ratio of 1.00 and a beta of 1.72. The company has a fifty day simple moving average of $136.07 and a two-hundred day simple moving average of $141.52. 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. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.175 per share. The ex-dividend date was Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.61%. KKR & Co. Inc.'s payout ratio is 21.02%.

Insider Transactions at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total value of $197,760,000.00. Following the completion of the transaction, the insider now owns 19,260,971 shares of the company's stock, valued at $634,841,604.16. The trade was a 23.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 39.34% of the company's stock.

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.