Dilation Capital Management LP Invests $6.21 Million in KKR & Co. Inc. (NYSE:KKR)

Dilation Capital Management LP bought a new stake in KKR & Co. Inc. (NYSE:KKR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 42,004 shares of the asset manager's stock, valued at approximately $6,213,000. KKR & Co. Inc. comprises about 5.8% of Dilation Capital Management LP's investment portfolio, making the stock its 6th largest position.

A number of other large investors also recently added to or reduced their stakes in KKR. Norges Bank acquired a new stake in shares of KKR & Co. Inc. during the 4th quarter worth about $1,435,314,000. GQG Partners LLC acquired a new position in shares of KKR & Co. Inc. in the 4th quarter valued at $325,752,000. Proficio Capital Partners LLC raised its stake in KKR & Co. Inc. by 4,981.9% during the 4th quarter. Proficio Capital Partners LLC now owns 1,573,046 shares of the asset manager's stock worth $232,669,000 after acquiring an additional 1,542,092 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in KKR & Co. Inc. during the 4th quarter worth $218,918,000. Finally, Roberts Foundation purchased a new stake in KKR & Co. Inc. in the fourth quarter valued at $147,910,000. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on KKR shares. Barclays decreased their target price on KKR & Co. Inc. from $181.00 to $129.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Hsbc Global Res raised shares of KKR & Co. Inc. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th. Morgan Stanley lowered their price objective on shares of KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating on the stock in a research report on Monday, April 14th. JMP Securities reduced their target price on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Finally, Citigroup lowered their price target on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $144.93.

Insider Activity at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the completion of the sale, the insider now directly owns 19,260,971 shares in the company, valued at $634,841,604.16. The trade was a 23.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 39.34% of the company's stock.

KKR & Co. Inc. Stock Down 5.2 %

KKR stock opened at $98.00 on Tuesday. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week 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 company has a market cap of $87.05 billion, a P/E ratio of 29.43, a P/E/G ratio of 1.00 and a beta of 1.77. The company's 50-day moving average price is $116.82 and its 200 day moving average price is $138.35.

KKR & Co. Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.71%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.'s payout ratio is 21.02%.

KKR & Co. Inc. Company 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.

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