KKR & Co. Inc. (NYSE:KKR) Holdings Lowered by Jackson Hill Advisors LLC

Jackson Hill Advisors LLC lessened its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 154,500 shares of the asset manager's stock after selling 5,500 shares during the period. KKR & Co. Inc. accounts for 11.5% of Jackson Hill Advisors LLC's holdings, making the stock its 3rd biggest holding. Jackson Hill Advisors LLC's holdings in KKR & Co. Inc. were worth $22,852,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. AdvisorNet Financial Inc raised its holdings in KKR & Co. Inc. by 417.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager's stock worth $322,000 after purchasing an additional 1,759 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of KKR & Co. Inc. by 8.9% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager's stock worth $7,559,000 after buying an additional 4,719 shares during the period. Whalen Wealth Management Inc. bought a new position in KKR & Co. Inc. during the fourth quarter worth $667,000. Caldwell Investment Management Ltd. lifted its holdings in KKR & Co. Inc. by 2.9% in the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager's stock valued at $31,477,000 after buying an additional 5,900 shares during the period. Finally, Jupiter Asset Management Ltd. boosted its position in KKR & Co. Inc. by 50.9% during the fourth quarter. Jupiter Asset Management Ltd. now owns 114,184 shares of the asset manager's stock valued at $16,889,000 after acquiring an additional 38,524 shares during the last quarter. Institutional investors own 76.26% of the company's stock.

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Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. HSBC downgraded KKR & Co. Inc. from a "buy" rating to a "hold" rating and boosted their price objective for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Wells Fargo & Company upgraded KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and cut their price target for the stock from $150.00 to $141.00 in a report on Thursday, March 20th. Keefe, Bruyette & Woods dropped 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 report on Monday, January 13th. Barclays cut their target price on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Finally, Oppenheimer lifted their price target on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an "outperform" rating in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, three have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, KKR & Co. Inc. presently has an average rating of "Moderate Buy" and a consensus target price of $160.79.

Insider Buying and Selling at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the transaction, the insider now owns 19,260,971 shares of the company's stock, valued at $634,841,604.16. This trade represents a 23.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 39.34% of the company's stock.

KKR & Co. Inc. Stock Down 1.5 %

Shares of KKR & Co. Inc. stock traded down $1.83 on Thursday, hitting $117.61. The company had a trading volume of 4,323,382 shares, compared to its average volume of 4,400,264. KKR & Co. Inc. has a 1 year low of $91.92 and a 1 year high of $170.40. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The stock has a 50 day moving average of $136.92 and a 200-day moving average of $141.38. The stock has a market capitalization of $104.46 billion, a price-to-earnings ratio of 35.32, a P/E/G ratio of 1.00 and a beta of 1.72.

KKR & Co. Inc. Announces Dividend

The business also recently declared 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 0.60%. The ex-dividend date of this dividend was Friday, February 14th. KKR & Co. Inc.'s payout ratio is currently 21.02%.

About KKR & Co. Inc.

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.