KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Ossiam

Ossiam lifted its stake in KKR & Co. Inc. (NYSE:KKR - Free Report) by 111.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,392 shares of the asset manager's stock after purchasing an additional 15,484 shares during the quarter. Ossiam's holdings in KKR & Co. Inc. were worth $4,347,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in KKR & Co. Inc. by 11.0% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 51,995 shares of the asset manager's stock valued at $7,691,000 after purchasing an additional 5,145 shares during the period. Capital International Inc. CA lifted its position in KKR & Co. Inc. by 10.8% during the 4th quarter. Capital International Inc. CA now owns 348,299 shares of the asset manager's stock worth $51,517,000 after acquiring an additional 33,826 shares during the period. Coastline Trust Co boosted its holdings in shares of KKR & Co. Inc. by 50.4% in the fourth quarter. Coastline Trust Co now owns 33,393 shares of the asset manager's stock valued at $4,939,000 after acquiring an additional 11,193 shares in the last quarter. First Trust Advisors LP raised its position in KKR & Co. Inc. by 35.1% in the fourth quarter. First Trust Advisors LP now owns 401,035 shares of the asset manager's stock worth $59,317,000 after acquiring an additional 104,274 shares in the last quarter. Finally, Forum Financial Management LP increased its holdings in KKR & Co. Inc. by 1.3% in the fourth quarter. Forum Financial Management LP now owns 8,566 shares of the asset manager's stock valued at $1,267,000 after buying an additional 111 shares in the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction dated 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 completion of the transaction, the insider now owns 19,260,971 shares of the company's stock, valued at $634,841,604.16. The trade was a 23.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 39.34% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on KKR shares. TD Cowen decreased their price objective on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Morgan Stanley lowered their price target on shares of KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Wells Fargo & Company dropped their target price on shares of KKR & Co. Inc. from $141.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Keefe, Bruyette & Woods decreased their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research note on Monday, January 13th. Finally, HSBC raised KKR & Co. Inc. from a "hold" rating to a "buy" rating and decreased their price objective for the stock from $170.00 to $119.00 in a report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $144.93.

KKR & Co. Inc. Trading Up 1.2 %

Shares of KKR stock opened at $103.29 on Friday. The firm has a market cap of $91.75 billion, a P/E ratio of 31.02, a PEG ratio of 1.00 and a beta of 1.77. 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 of $117.65 and a 200-day moving average of $138.54. KKR & Co. Inc. has a 12-month low of $86.15 and a 12-month high of $170.40.

KKR & Co. Inc. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.'s payout ratio is presently 21.02%.

KKR & Co. Inc. Company 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.

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