Curbstone Financial Management Corp Cuts Position in KKR & Co. Inc. (NYSE:KKR)

Curbstone Financial Management Corp reduced its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,988 shares of the asset manager's stock after selling 2,370 shares during the period. KKR & Co. Inc. makes up 1.1% of Curbstone Financial Management Corp's portfolio, making the stock its 21st biggest holding. Curbstone Financial Management Corp's holdings in KKR & Co. Inc. were worth $5,027,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. AdvisorNet Financial Inc increased its holdings in shares of KKR & Co. Inc. by 417.8% in the 4th quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager's stock worth $322,000 after buying an additional 1,759 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in KKR & Co. Inc. by 8.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager's stock valued at $7,559,000 after acquiring an additional 4,719 shares during the last quarter. Whalen Wealth Management Inc. purchased a new stake in KKR & Co. Inc. during the fourth quarter valued at about $667,000. Caldwell Investment Management Ltd. lifted its stake in KKR & Co. Inc. by 2.9% during the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager's stock worth $31,477,000 after purchasing an additional 5,900 shares during the last quarter. Finally, OneDigital Investment Advisors LLC boosted its holdings in shares of KKR & Co. Inc. by 42.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager's stock worth $1,976,000 after purchasing an additional 4,481 shares in the last quarter. Institutional investors own 76.26% of the company's stock.

Analysts Set New Price Targets

KKR has been the topic of a number of research reports. StockNews.com raised KKR & Co. Inc. to a "sell" rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Wells Fargo & Company reduced their target price on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 14th. Keefe, Bruyette & Woods lowered their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research note on Monday, January 13th. Finally, JMP Securities lifted their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a "market outperform" rating in a report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, KKR & Co. Inc. has a consensus rating of "Moderate Buy" and a consensus target price of $160.86.

KKR & Co. Inc. Trading Up 0.2 %

NYSE:KKR traded up $0.30 during trading hours on Friday, hitting $167.17. The company had a trading volume of 1,894,369 shares, compared to its average volume of 3,453,421. 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 stock has a 50-day moving average price of $154.40 and a 200 day moving average price of $137.77. The company has a market capitalization of $148.49 billion, a PE ratio of 50.92, a price-to-earnings-growth ratio of 0.95 and a beta of 1.66. KKR & Co. Inc. has a 52 week low of $85.19 and a 52 week high of $170.40.

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.