Mutual of America Capital Management LLC lowered its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 80,871 shares of the asset manager's stock after selling 2,179 shares during the quarter. Mutual of America Capital Management LLC's holdings in KKR & Co. Inc. were worth $11,962,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also made changes to their positions in KKR. Farmers & Merchants Investments Inc. boosted its stake in KKR & Co. Inc. by 17.8% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager's stock worth $64,000 after buying an additional 65 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of KKR & Co. Inc. by 0.4% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 16,427 shares of the asset manager's stock worth $2,430,000 after acquiring an additional 69 shares during the period. Ballentine Partners LLC boosted its position in shares of KKR & Co. Inc. by 1.2% in the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager's stock worth $846,000 after acquiring an additional 70 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in KKR & Co. Inc. by 5.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,289 shares of the asset manager's stock valued at $191,000 after purchasing an additional 70 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its stake in shares of KKR & Co. Inc. by 0.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager's stock valued at $1,623,000 after buying an additional 73 shares during the period. Hedge funds and other institutional investors own 76.26% of the company's stock.
KKR & Co. Inc. Stock Up 0.2 %
NYSE:KKR traded up $0.28 on Monday, reaching $135.87. The stock had a trading volume of 2,983,171 shares, compared to its average volume of 4,455,566. The company has a 50-day moving average of $148.93 and a 200 day moving average of $142.11. 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 stock has a market cap of $120.68 billion, a P/E ratio of 40.80, a price-to-earnings-growth ratio of 1.00 and a beta of 1.67. KKR & Co. Inc. has a 12-month low of $91.92 and a 12-month high of $170.40.
KKR & Co. Inc. Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Friday, February 14th. KKR & Co. Inc.'s payout ratio is 21.02%.
Analyst Ratings Changes
Several brokerages recently weighed in on KKR. Morgan Stanley cut their target price 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. Oppenheimer raised their price objective on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an "outperform" rating in a report on Thursday, December 12th. Wells Fargo & Company decreased their target price on KKR & Co. Inc. from $151.00 to $150.00 and set an "equal weight" rating for the company in a report on Wednesday, February 5th. Keefe, Bruyette & Woods cut their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating on the stock in a report on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a "buy" rating in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $161.43.
Check Out Our Latest Report on KKR & Co. Inc.
KKR & Co. Inc. Profile
(
Free Report)
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.
Featured Articles
Before you consider KKR & Co. Inc., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KKR & Co. Inc. wasn't on the list.
While KKR & Co. Inc. currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
