Dynamic Technology Lab Private Ltd Boosts Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Dynamic Technology Lab Private Ltd raised its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 151.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,570 shares of the asset manager's stock after buying an additional 3,351 shares during the period. Dynamic Technology Lab Private Ltd's holdings in KKR & Co. Inc. were worth $824,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Benjamin Edwards Inc. lifted its position in shares of KKR & Co. Inc. by 48.4% during the third quarter. Benjamin Edwards Inc. now owns 4,123 shares of the asset manager's stock worth $538,000 after purchasing an additional 1,345 shares during the last quarter. HighTower Advisors LLC lifted its holdings in KKR & Co. Inc. by 18.2% during the 3rd quarter. HighTower Advisors LLC now owns 85,451 shares of the asset manager's stock valued at $11,140,000 after buying an additional 13,172 shares in the last quarter. Quantinno Capital Management LP boosted its position in KKR & Co. Inc. by 110.8% in the 3rd quarter. Quantinno Capital Management LP now owns 25,269 shares of the asset manager's stock valued at $3,300,000 after buying an additional 13,279 shares during the period. Stifel Financial Corp boosted its position in KKR & Co. Inc. by 12.6% in the 3rd quarter. Stifel Financial Corp now owns 337,657 shares of the asset manager's stock valued at $44,092,000 after buying an additional 37,889 shares during the period. Finally, Insigneo Advisory Services LLC grew its stake in KKR & Co. Inc. by 42.8% in the 3rd quarter. Insigneo Advisory Services LLC now owns 5,648 shares of the asset manager's stock worth $738,000 after acquiring an additional 1,693 shares in the last quarter. Institutional investors own 76.26% of the company's stock.

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Insider Activity at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the stock in a transaction that occurred on 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 owns 19,260,971 shares in the company, valued at $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 available at the SEC website. 39.34% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KKR. Hsbc Global Res lowered KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 30th. Oppenheimer upped their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an "outperform" rating in a report on Thursday, December 12th. Bank of America cut their price target on KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating on the stock in a research note on Friday, April 4th. Citigroup cut their target price on KKR & Co. Inc. from $177.00 to $132.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Morgan Stanley dropped their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. One analyst has rated the stock with a sell rating, three have given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, KKR & Co. Inc. currently has an average rating of "Moderate Buy" and a consensus target price of $154.80.

KKR & Co. Inc. Stock Performance

NYSE:KKR traded down $2.45 during trading hours on Friday, reaching $99.42. The company had a trading volume of 3,894,947 shares, compared to its average volume of 4,907,491. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. KKR & Co. Inc. has a 1-year low of $86.15 and a 1-year high of $170.40. The business's 50 day moving average price is $123.18 and its 200-day moving average price is $139.72. The firm has a market cap of $88.31 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77.

KKR & Co. Inc. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend was Friday, February 14th. KKR & Co. Inc.'s dividend payout ratio (DPR) is presently 21.02%.

About KKR & Co. Inc.

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.