Oak Thistle LLC Grows Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Oak Thistle LLC boosted its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 198.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,456 shares of the asset manager's stock after acquiring an additional 4,290 shares during the period. Oak Thistle LLC's holdings in KKR & Co. Inc. were worth $955,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of KKR. Dudley Capital Management LLC raised its holdings in shares of KKR & Co. Inc. by 2.7% during the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager's stock worth $404,000 after acquiring an additional 80 shares during the period. FWG Holdings LLC increased its position in KKR & Co. Inc. by 1.6% during the third quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager's stock worth $717,000 after purchasing an additional 80 shares during the last quarter. Sigma Planning Corp raised its stake in KKR & Co. Inc. by 1.3% during the third quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager's stock worth $847,000 after purchasing an additional 81 shares during the period. Baker Tilly Wealth Management LLC boosted its holdings in KKR & Co. Inc. by 1.4% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 5,886 shares of the asset manager's stock valued at $871,000 after purchasing an additional 81 shares during the last quarter. Finally, Connable Office Inc. grew its stake in shares of KKR & Co. Inc. by 0.4% in the 3rd quarter. Connable Office Inc. now owns 19,311 shares of the asset manager's stock valued at $2,522,000 after buying an additional 82 shares during the period. Institutional investors and hedge funds own 76.26% of the company's stock.

Wall Street Analysts Forecast Growth

KKR has been the subject of a number of recent analyst reports. JMP Securities raised their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a "market outperform" rating in a report on Tuesday, October 29th. Citigroup raised their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. StockNews.com raised KKR & Co. Inc. to a "sell" rating in a research note on Friday, October 25th. HSBC assumed coverage on KKR & Co. Inc. in a research report on Wednesday, September 18th. They set a "buy" rating and a $148.00 price objective for the company. Finally, Evercore ISI upped their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the company an "outperform" rating in a research report on Monday, October 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and an average price target of $159.07.

KKR & Co. Inc. Stock Up 1.8 %

KKR & Co. Inc. stock traded up $2.69 during mid-day trading on Thursday, reaching $153.19. 3,424,116 shares of the company's stock were exchanged, compared to its average volume of 3,335,953. 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 twelve month low of $80.48 and a twelve month high of $163.68. The company has a market cap of $136.07 billion, a P/E ratio of 46.56, a P/E/G ratio of 0.84 and a beta of 1.66. The company has a fifty day moving average of $152.33 and a 200-day moving average of $133.73.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last released its earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, topping the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. The firm had revenue of $4.79 billion during the quarter, compared to analysts' expectations of $1.23 billion. During the same period in the previous year, the firm posted $0.73 EPS. Sell-side analysts expect that KKR & Co. Inc. will post 4.13 EPS for the current year.

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date was Monday, November 4th. KKR & Co. Inc.'s dividend payout ratio is presently 21.28%.

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.