New York State Common Retirement Fund Acquires 8,800 Shares of KKR & Co. Inc. (NYSE:KKR)

New York State Common Retirement Fund raised its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 805,594 shares of the asset manager's stock after purchasing an additional 8,800 shares during the period. New York State Common Retirement Fund owned 0.09% of KKR & Co. Inc. worth $119,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. grew its holdings in KKR & Co. Inc. by 16.1% during the fourth quarter. D.A. Davidson & CO. now owns 8,331 shares of the asset manager's stock valued at $1,232,000 after purchasing an additional 1,158 shares during the period. Truist Financial Corp grew its holdings in KKR & Co. Inc. by 9.9% during the fourth quarter. Truist Financial Corp now owns 96,034 shares of the asset manager's stock valued at $14,204,000 after purchasing an additional 8,618 shares during the period. CIBC Asset Management Inc grew its holdings in KKR & Co. Inc. by 4.6% during the fourth quarter. CIBC Asset Management Inc now owns 109,201 shares of the asset manager's stock valued at $16,152,000 after purchasing an additional 4,802 shares during the period. Sanctuary Advisors LLC grew its holdings in KKR & Co. Inc. by 6.0% during the fourth quarter. Sanctuary Advisors LLC now owns 98,319 shares of the asset manager's stock valued at $14,542,000 after purchasing an additional 5,578 shares during the period. Finally, J.W. Cole Advisors Inc. grew its holdings in KKR & Co. Inc. by 1.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 17,407 shares of the asset manager's stock valued at $2,575,000 after purchasing an additional 209 shares during the period. 76.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on KKR shares. TD Cowen raised their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a "buy" rating in a report on Friday, October 25th. The Goldman Sachs Group increased their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. JMP Securities increased their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a "market outperform" rating in a research report on Tuesday, October 29th. Morgan Stanley lowered their price objective on KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 6th. Finally, HSBC downgraded KKR & Co. Inc. from a "buy" rating to a "hold" rating and increased their price objective for the stock from $153.00 to $173.00 in a research report on Thursday, January 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $161.43.

KKR & Co. Inc. Trading Down 2.8 %

Shares of KKR traded down $3.93 during trading hours on Thursday, hitting $134.54. The company had a trading volume of 7,028,574 shares, compared to its average volume of 4,224,257. KKR & Co. Inc. has a 52-week low of $91.92 and a 52-week high of $170.40. 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 stock's 50 day moving average price is $151.41 and its 200 day moving average price is $140.91. The firm has a market cap of $119.50 billion, a P/E ratio of 40.40, a P/E/G ratio of 1.04 and a beta of 1.67.

KKR & Co. Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.'s dividend payout ratio (DPR) 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.