9,153 Shares in KKR & Co. Inc. (NYSE:KKR) Acquired by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd purchased a new position in KKR & Co. Inc. (NYSE:KKR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,153 shares of the asset manager's stock, valued at approximately $1,354,000.

A number of other hedge funds also recently bought and sold shares of the business. Hanson & Doremus Investment Management bought a new stake in shares of KKR & Co. Inc. in the 4th quarter worth about $27,000. Crews Bank & Trust bought a new stake in KKR & Co. Inc. during the fourth quarter worth approximately $30,000. Pilgrim Partners Asia Pte Ltd bought a new stake in KKR & Co. Inc. during the fourth quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in KKR & Co. Inc. during the fourth quarter valued at approximately $36,000. Finally, HM Payson & Co. lifted its stake in shares of KKR & Co. Inc. by 6,800.0% in the 4th quarter. HM Payson & Co. now owns 276 shares of the asset manager's stock valued at $41,000 after purchasing an additional 272 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company's stock.

Insider Activity

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction on 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 directly owns 19,260,971 shares of the company's stock, valued at approximately $634,841,604.16. The trade was a 23.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 39.34% of the company's stock.

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KKR & Co. Inc. Stock Down 2.1 %

Shares of KKR & Co. Inc. stock traded down $2.18 during trading on Friday, hitting $99.69. 4,436,611 shares of the stock traded hands, compared to its average volume of 4,909,282. 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 stock's fifty day simple moving average is $123.18 and its 200 day simple moving average is $139.72. The firm has a market cap of $88.55 billion, a P/E ratio of 29.76, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40.

KKR & Co. Inc. Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KKR. Citigroup cut their target price on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating on the stock in a research report on Tuesday. Keefe, Bruyette & Woods cut 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 report on Monday, January 13th. Bank of America lowered their target price on shares of KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating for the company in a report on Friday, April 4th. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 30th. Finally, Barclays decreased their price objective on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $154.80.

About KKR & Co. Inc.

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.