Elo Mutual Pension Insurance Co Purchases 4,886 Shares of KKR & Co. Inc. (NYSE:KKR)

Elo Mutual Pension Insurance Co lifted its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 8.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,720 shares of the asset manager's stock after buying an additional 4,886 shares during the quarter. Elo Mutual Pension Insurance Co's holdings in KKR & Co. Inc. were worth $8,833,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KKR. Farmers & Merchants Investments Inc. lifted its position in shares of KKR & Co. Inc. by 17.8% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager's stock worth $64,000 after acquiring an additional 65 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in KKR & Co. Inc. by 0.4% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 16,427 shares of the asset manager's stock worth $2,430,000 after purchasing an additional 69 shares in the last quarter. Ballentine Partners LLC boosted its stake in KKR & Co. Inc. by 1.2% in the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager's stock worth $846,000 after purchasing an additional 70 shares during the period. Parkside Financial Bank & Trust grew its holdings in KKR & Co. Inc. by 5.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,289 shares of the asset manager's stock valued at $191,000 after buying an additional 70 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of KKR & Co. Inc. by 0.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager's stock valued at $1,623,000 after buying an additional 73 shares during the period. 76.26% of the stock is owned by institutional investors.

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Insider Transactions at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total value of $197,760,000.00. Following the sale, the insider now owns 19,260,971 shares in the company, valued at $634,841,604.16. This represents a 23.75 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 39.34% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on KKR. HSBC cut shares of KKR & Co. Inc. from a "buy" rating to a "hold" rating and boosted their price objective for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Morgan Stanley reduced their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. Keefe, Bruyette & Woods cut their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. Wells Fargo & Company upgraded KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and lowered their price objective for the company from $150.00 to $141.00 in a research report on Thursday, March 20th. Finally, Barclays decreased their price objective on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, KKR & Co. Inc. currently has a consensus rating of "Moderate Buy" and an average price target of $160.79.

KKR & Co. Inc. Stock Down 0.3 %

Shares of NYSE KKR traded down $0.33 during mid-day trading on Monday, hitting $114.53. 1,166,312 shares of the stock traded hands, compared to its average volume of 5,326,071. The company has a market cap of $101.73 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 1.00 and a beta of 1.72. The stock has a fifty day moving average price of $136.07 and a 200-day moving average price of $141.69. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07.

KKR & Co. Inc. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders 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 dividend yield of 0.61%. 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.