Blue Trust Inc. Grows Stock Position in KKR & Co. Inc. (NYSE:KKR)

Blue Trust Inc. lifted its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 55.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,153 shares of the asset manager's stock after purchasing an additional 2,562 shares during the period. Blue Trust Inc.'s holdings in KKR & Co. Inc. were worth $1,058,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Ballentine Partners LLC grew its position 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 valued at $846,000 after purchasing an additional 70 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in KKR & Co. Inc. by 0.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager's stock worth $1,623,000 after buying an additional 73 shares during the last quarter. Dudley Capital Management LLC increased its stake in KKR & Co. Inc. by 2.7% during the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager's stock worth $404,000 after buying an additional 80 shares in the last quarter. FWG Holdings LLC increased its stake in KKR & Co. Inc. by 1.6% during the 3rd quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager's stock worth $717,000 after buying an additional 80 shares in the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of KKR & Co. Inc. by 1.3% during the third quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager's stock valued at $847,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on KKR. Citigroup boosted their price target on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods dropped their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a report on Monday, January 13th. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Finally, Morgan Stanley raised their target price on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $160.86.

KKR & Co. Inc. Trading Up 0.1 %

KKR traded up $0.17 on Friday, hitting $167.04. The company had a trading volume of 3,400,850 shares, compared to its average volume of 3,242,581. The company's fifty day moving average price is $154.57 and its 200 day moving average price is $138.28. KKR & Co. Inc. has a 1 year low of $85.19 and a 1 year high of $170.40. 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 firm has a market cap of $148.37 billion, a P/E ratio of 50.77, a PEG ratio of 0.95 and a beta of 1.66.

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.