KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Natixis

Natixis grew its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 98.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,932 shares of the asset manager's stock after purchasing an additional 35,104 shares during the quarter. Natixis' holdings in KKR & Co. Inc. were worth $10,492,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Hanson & Doremus Investment Management acquired a new position in KKR & Co. Inc. during the fourth quarter worth about $27,000. Crews Bank & Trust purchased a new position in KKR & Co. Inc. in the 4th quarter worth approximately $30,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at approximately $36,000. Finally, HM Payson & Co. increased its holdings in shares of KKR & Co. Inc. by 6,800.0% in the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager's stock valued at $41,000 after purchasing an additional 272 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company's stock.

KKR & Co. Inc. Stock Performance

Shares of KKR stock opened at $103.29 on Friday. The firm has a 50 day moving average of $117.65 and a two-hundred day moving average of $138.54. The stock has a market capitalization of $91.75 billion, a PE ratio of 31.02, a P/E/G 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. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week high of $170.40.

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Friday, February 14th. KKR & Co. Inc.'s payout ratio is currently 21.02%.

Insider Activity at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the completion of the transaction, the insider now directly owns 19,260,971 shares of the company's stock, valued at approximately $634,841,604.16. The trade was a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 39.34% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on KKR shares. Barclays dropped their target price on KKR & Co. Inc. from $181.00 to $129.00 and set an "overweight" rating for the company in a report on Friday, April 11th. TD Cowen cut their price objective on shares of KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Keefe, Bruyette & Woods reduced their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. JMP Securities dropped their price target on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company reduced their price target on shares of KKR & Co. Inc. from $141.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc. has a consensus rating of "Moderate Buy" and an average price target of $144.93.

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.

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