International Assets Investment Management LLC Has $361,000 Stake in KKR & Co. Inc. (NYSE:KKR)

International Assets Investment Management LLC lessened its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 99.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,420 shares of the asset manager's stock after selling 340,562 shares during the quarter. International Assets Investment Management LLC's holdings in KKR & Co. Inc. were worth $361,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. ORG Wealth Partners LLC acquired a new position in KKR & Co. Inc. in the third quarter worth $31,000. Raleigh Capital Management Inc. boosted its holdings in shares of KKR & Co. Inc. by 56.7% in the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager's stock valued at $31,000 after buying an additional 85 shares during the period. Eastern Bank bought a new stake in shares of KKR & Co. Inc. during the 3rd quarter valued at about $34,000. Y.D. More Investments Ltd acquired a new stake in KKR & Co. Inc. during the second quarter worth about $38,000. Finally, Truvestments Capital LLC bought a new position in KKR & Co. Inc. in the third quarter worth about $40,000. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

KKR & Co. Inc. Trading Down 4.9 %

Shares of NYSE:KKR traded down $7.27 during midday trading on Friday, hitting $140.97. The company had a trading volume of 3,968,588 shares, compared to its average volume of 3,053,696. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a 12 month low of $80.20 and a 12 month high of $163.68. The firm has a fifty day simple moving average of $152.19 and a 200 day simple moving average of $133.09. The stock has a market cap of $125.21 billion, a price-to-earnings ratio of 42.85, a PEG ratio of 1.22 and a beta of 1.66.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last posted its earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. The company had revenue of $4.79 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the business posted $0.73 earnings per share. On average, analysts predict that KKR & Co. Inc. will post 4.16 EPS for the current year.

KKR & Co. Inc. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Monday, November 4th were given a $0.175 dividend. The ex-dividend date was Monday, November 4th. This represents a $0.70 annualized dividend and a dividend yield of 0.50%. KKR & Co. Inc.'s dividend payout ratio is presently 21.28%.

Analysts Set New Price Targets

KKR has been the topic of a number of research reports. StockNews.com upgraded KKR & Co. Inc. to a "sell" rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upped their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. The Goldman Sachs Group lifted their price target on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods upped their price objective on KKR & Co. Inc. from $163.00 to $170.00 and gave the company an "outperform" rating in a report on Friday, December 20th. Finally, Citigroup lifted their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $160.07.

About KKR & Co. Inc.

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.