Caldwell Investment Management Ltd. Has $27.27 Million Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Caldwell Investment Management Ltd. grew its stake in KKR & Co. Inc. (NYSE:KKR - Free Report) by 3.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 206,500 shares of the asset manager's stock after purchasing an additional 6,500 shares during the quarter. KKR & Co. Inc. comprises approximately 19.2% of Caldwell Investment Management Ltd.'s holdings, making the stock its largest holding. Caldwell Investment Management Ltd.'s holdings in KKR & Co. Inc. were worth $27,273,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Pathstone Holdings LLC grew its holdings in KKR & Co. Inc. by 12.4% during the third quarter. Pathstone Holdings LLC now owns 62,125 shares of the asset manager's stock valued at $8,112,000 after purchasing an additional 6,873 shares during the period. Meeder Advisory Services Inc. boosted its position in shares of KKR & Co. Inc. by 5.7% during the third quarter. Meeder Advisory Services Inc. now owns 7,857 shares of the asset manager's stock worth $1,026,000 after purchasing an additional 425 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of KKR & Co. Inc. in the 3rd quarter valued at $248,000. Napa Wealth Management bought a new stake in shares of KKR & Co. Inc. in the 3rd quarter valued at $2,246,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in KKR & Co. Inc. during the 3rd quarter worth $224,000. 76.26% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the company's stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the completion of the sale, the insider now owns 25,260,971 shares of the company's stock, valued at $650,470,003.25. This represents a 18.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Kkr Group Partnership L.P. acquired 11,619,998 shares of KKR & Co. Inc. stock in a transaction on Wednesday, September 11th. The shares were purchased at an average price of $11.13 per share, for a total transaction of $129,330,577.74. Following the completion of the purchase, the insider now directly owns 92,959,984 shares of the company's stock, valued at approximately $1,034,644,621.92. This represents a 14.29 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 39.34% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. 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 note on Tuesday, October 29th. The Goldman Sachs Group boosted their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a "buy" rating in a research report on Tuesday. Redburn Atlantic assumed coverage on KKR & Co. Inc. in a research note on Tuesday, August 27th. They set a "buy" rating and a $153.00 target price for the company. Morgan Stanley lifted their price target on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the company an "equal weight" rating in a research note on Thursday, October 10th. Finally, StockNews.com raised shares of KKR & Co. Inc. to a "sell" rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and an average price target of $154.14.

KKR & Co. Inc. Stock Performance

Shares of KKR traded up $0.31 during midday trading on Tuesday, reaching $152.76. The stock had a trading volume of 2,454,059 shares, compared to its average volume of 4,255,754. The firm has a market cap of $135.69 billion, a PE ratio of 46.39, a P/E/G ratio of 1.20 and a beta of 1.61. The firm has a 50 day simple moving average of $136.84 and a 200-day simple moving average of $119.91. KKR & Co. Inc. has a one year low of $66.75 and a one year high of $156.54. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.03 by $0.35. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. The firm had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. As a group, sell-side analysts anticipate that KKR & Co. Inc. will post 4.12 EPS for the current year.

KKR & Co. Inc. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 19th. Shareholders of record on Monday, November 4th will be given a dividend of $0.175 per share. The ex-dividend date is Monday, November 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.46%. KKR & Co. Inc.'s payout ratio is presently 21.28%.

KKR & Co. Inc. Company Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.