KKR & Co. Inc. (NYSE:KKR) Holdings Decreased by DE Burlo Group Inc.

DE Burlo Group Inc. lowered its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 23.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 231,400 shares of the asset manager's stock after selling 70,100 shares during the period. KKR & Co. Inc. makes up approximately 4.6% of DE Burlo Group Inc.'s portfolio, making the stock its 5th biggest holding. DE Burlo Group Inc.'s holdings in KKR & Co. Inc. were worth $34,226,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Hanson & Doremus Investment Management purchased a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $27,000. Crews Bank & Trust purchased a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $30,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $36,000. Finally, HM Payson & Co. boosted 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 worth $41,000 after buying an additional 272 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Keefe, Bruyette & Woods lowered their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating on the stock in a report on Monday, January 13th. JMP Securities dropped their price objective on KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. TD Cowen dropped their price objective on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Hsbc Global Res upgraded KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 15th. Finally, Wells Fargo & Company dropped their price objective on KKR & Co. Inc. from $141.00 to $120.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $144.93.

KKR & Co. Inc. Price Performance

KKR traded up $0.42 during trading on Tuesday, reaching $114.35. 3,815,568 shares of the company were exchanged, compared to its average volume of 4,995,361. The company's 50-day moving average is $113.82 and its two-hundred day moving average is $137.53. The company has a market cap of $101.57 billion, a price-to-earnings ratio of 34.34, a P/E/G ratio of 1.00 and a beta of 1.77. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a 12-month low of $86.15 and a 12-month high of $170.40.

KKR & Co. Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders 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 0.61%. KKR & Co. Inc.'s payout ratio is currently 21.02%.

Insider Buying and Selling at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the transaction, the insider now directly owns 19,260,971 shares of the company's stock, valued at approximately $634,841,604.16. This trade represents a 23.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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.