Keefe, Bruyette & Woods Cuts KKR & Co. Inc. (NYSE:KKR) Price Target to $168.00

KKR & Co. Inc. (NYSE:KKR - Get Free Report) had its price target lowered by Keefe, Bruyette & Woods from $170.00 to $168.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the asset manager's stock. Keefe, Bruyette & Woods' price objective points to a potential upside of 18.84% from the company's current price.

A number of other research analysts have also recently weighed in on the stock. TD Cowen lifted their price target on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Oppenheimer lifted their target price on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an "outperform" rating in a report on Thursday, December 12th. Evercore ISI increased their price target on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an "outperform" rating in a report on Monday, October 14th. JMP Securities boosted their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a "market outperform" rating in a research note on Tuesday, October 29th. Finally, StockNews.com raised KKR & Co. Inc. to a "sell" rating in a research 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 given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $159.93.

KKR & Co. Inc. Trading Up 0.3 %

Shares of NYSE KKR traded up $0.44 during trading on Monday, hitting $141.37. 3,492,566 shares of the company traded hands, compared to its average volume of 3,116,395. The firm has a market capitalization of $125.57 billion, a P/E ratio of 42.97, a P/E/G ratio of 1.22 and a beta of 1.66. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average price of $152.19 and a 200-day moving average price of $133.09. KKR & Co. Inc. has a 1 year low of $80.20 and a 1 year high of $163.68.

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

Institutional Trading of KKR & Co. Inc.

Hedge funds and other institutional investors have recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of KKR & Co. Inc. by 11.8% in the 2nd quarter. LPL Financial LLC now owns 395,738 shares of the asset manager's stock valued at $41,648,000 after acquiring an additional 41,778 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of KKR & Co. Inc. by 2.4% during the second quarter. American Century Companies Inc. now owns 105,080 shares of the asset manager's stock worth $11,059,000 after purchasing an additional 2,440 shares during the period. Dai ichi Life Insurance Company Ltd lifted its position in shares of KKR & Co. Inc. by 255.8% in the 2nd quarter. Dai ichi Life Insurance Company Ltd now owns 14,984 shares of the asset manager's stock worth $1,577,000 after buying an additional 10,773 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of KKR & Co. Inc. by 3.2% in the 2nd quarter. Parallel Advisors LLC now owns 7,912 shares of the asset manager's stock valued at $833,000 after buying an additional 249 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of KKR & Co. Inc. during the 2nd quarter valued at about $1,183,000. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Company Profile

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.