Factory Mutual Insurance Co. Sells 20,000 Shares of KKR & Co. Inc. (NYSE:KKR)

Factory Mutual Insurance Co. lowered its stake in KKR & Co. Inc. (NYSE:KKR - Free Report) by 9.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 190,000 shares of the asset manager's stock after selling 20,000 shares during the period. Factory Mutual Insurance Co.'s holdings in KKR & Co. Inc. were worth $28,103,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Hanson & Doremus Investment Management bought a new position in shares of KKR & Co. Inc. during the fourth quarter worth approximately $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. in the 4th quarter valued at $30,000. Raleigh Capital Management Inc. increased its position in KKR & Co. Inc. by 56.7% during the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager's stock worth $31,000 after buying an additional 85 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of KKR & Co. Inc. during the third quarter worth $31,000. Finally, Eastern Bank bought a new stake in shares of KKR & Co. Inc. in the third quarter valued at about $34,000. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Price Performance

NYSE:KKR traded down $12.82 on Tuesday, hitting $150.40. The company had a trading volume of 6,954,178 shares, compared to its average volume of 3,709,357. KKR & Co. Inc. has a 52 week low of $87.28 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 stock has a market capitalization of $133.59 billion, a price-to-earnings ratio of 45.77, a PEG ratio of 0.96 and a beta of 1.67. The firm has a 50 day moving average of $154.57 and a two-hundred day moving average of $138.45.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on KKR. 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 research report on Monday, January 13th. HSBC downgraded shares of KKR & Co. Inc. from a "buy" rating to a "hold" rating and lifted their price target for the company from $153.00 to $173.00 in a research report on Thursday, January 30th. StockNews.com upgraded KKR & Co. Inc. to a "sell" rating in a research note on Friday, October 25th. TD Cowen upped their target price on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Finally, Barclays raised their price target on KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an "overweight" rating in a research report on Monday, December 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $160.86.

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.