Forsta AP Fonden Has $29.24 Million Holdings in KKR & Co. Inc. (NYSE:KKR)

Forsta AP Fonden raised its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 1.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 197,700 shares of the asset manager's stock after purchasing an additional 2,800 shares during the period. Forsta AP Fonden's holdings in KKR & Co. Inc. were worth $29,242,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in KKR. Assenagon Asset Management S.A. raised its holdings in KKR & Co. Inc. by 3,757.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager's stock valued at $72,199,000 after acquiring an additional 538,573 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in KKR & Co. Inc. by 1,181.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager's stock valued at $71,038,000 after acquiring an additional 501,579 shares during the period. State Street Corp raised its holdings in KKR & Co. Inc. by 1.8% during the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager's stock valued at $3,486,977,000 after acquiring an additional 481,686 shares during the period. Geode Capital Management LLC raised its holdings in KKR & Co. Inc. by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager's stock valued at $1,768,788,000 after acquiring an additional 355,837 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in KKR & Co. Inc. by 11,197.2% during the 3rd quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager's stock valued at $44,787,000 after acquiring an additional 339,946 shares during the period. Institutional investors and hedge funds own 76.26% of the company's stock.

KKR & Co. Inc. Price Performance

Shares of KKR traded up $0.17 during trading hours on Friday, reaching $167.04. The company had a trading volume of 3,400,850 shares, compared to its average volume of 3,242,581. The firm has a 50 day simple moving average of $154.57 and a 200-day simple moving average of $138.28. 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 company has a market capitalization of $148.37 billion, a price-to-earnings ratio of 50.77, a PEG ratio of 0.95 and a beta of 1.66. KKR & Co. Inc. has a 12-month low of $85.19 and a 12-month high of $170.40.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KKR. The Goldman Sachs Group upped their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. StockNews.com upgraded shares of KKR & Co. Inc. to a "sell" rating in a research report on Friday, October 25th. Evercore ISI increased their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an "outperform" rating in a report on Monday, October 14th. Morgan Stanley increased their target price on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an "equal weight" rating in a report on Thursday, October 10th. Finally, Citigroup increased their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $160.86.

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.