Kesler Norman & Wride LLC Sells 5,172 Shares of KKR & Co. Inc. (NYSE:KKR)

Kesler Norman & Wride LLC decreased its position in KKR & Co. Inc. (NYSE:KKR - Free Report) by 67.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,453 shares of the asset manager's stock after selling 5,172 shares during the quarter. Kesler Norman & Wride LLC's holdings in KKR & Co. Inc. were worth $363,000 at the end of the most recent quarter.

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

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KKR & Co. Inc. Price Performance

Shares of KKR & Co. Inc. stock traded down $9.81 during trading hours on Friday, reaching $92.74. The company's stock had a trading volume of 19,024,123 shares, compared to its average volume of 4,747,012. The firm has a 50 day moving average price of $130.85 and a 200-day moving average price of $140.97. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market cap of $82.38 billion, a P/E ratio of 27.85, a P/E/G ratio of 1.00 and a beta of 1.77. KKR & Co. Inc. has a one year low of $88.76 and a one year high of $170.40.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.'s dividend payout ratio (DPR) is 21.02%.

Analysts Set New Price Targets

Several research firms have weighed in on KKR. Bank of America cut their price objective on KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating on the stock in a research report on Friday. Oppenheimer upped their target price on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an "outperform" rating in a research report on Thursday, December 12th. Wells Fargo & Company raised shares of KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and lowered their price target for the company from $150.00 to $141.00 in a research report on Thursday, March 20th. Barclays reduced their price objective on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Finally, Keefe, Bruyette & Woods dropped their price objective on 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $163.00.

Insider Activity at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the company's stock in a transaction 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 transaction, the insider now owns 19,260,971 shares of the company's stock, valued at $634,841,604.16. This represents a 23.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 39.34% of the stock is currently owned by insiders.

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.