O ROURKE & COMPANY Inc Has $5.94 Million Stake in KKR & Co. Inc. (NYSE:KKR)

O ROURKE & COMPANY Inc lowered its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,180 shares of the asset manager's stock after selling 5,633 shares during the quarter. KKR & Co. Inc. accounts for 2.9% of O ROURKE & COMPANY Inc's investment portfolio, making the stock its 5th biggest position. O ROURKE & COMPANY Inc's holdings in KKR & Co. Inc. were worth $5,943,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in KKR & Co. Inc. by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 56,687,516 shares of the asset manager's stock worth $8,384,650,000 after purchasing an additional 441,817 shares during the period. Geode Capital Management LLC lifted its position in KKR & Co. Inc. by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 14,047,900 shares of the asset manager's stock valued at $2,073,624,000 after purchasing an additional 458,048 shares during the last quarter. FMR LLC boosted its position in KKR & Co. Inc. by 6.7% during the 4th quarter. FMR LLC now owns 12,003,389 shares of the asset manager's stock valued at $1,775,421,000 after buying an additional 752,056 shares during the period. Norges Bank purchased a new position in shares of KKR & Co. Inc. in the fourth quarter valued at about $1,435,314,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in KKR & Co. Inc. by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,772,331 shares of the asset manager's stock worth $557,965,000 after buying an additional 85,461 shares during the period. Hedge funds and other institutional investors own 76.26% of the company's stock.

Insider Activity at KKR & Co. Inc.

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

KKR & Co. Inc. Price Performance

KKR stock traded up $1.24 during trading on Friday, reaching $103.29. The company's stock had a trading volume of 3,725,114 shares, compared to its average volume of 4,950,893. 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 company's fifty day moving average is $118.43 and its 200-day moving average is $138.68. The company has a market capitalization of $91.75 billion, a P/E ratio of 31.02, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. KKR & Co. Inc. has a 1 year low of $86.15 and a 1 year high of $170.40.

KKR & Co. Inc. Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KKR. Morgan Stanley decreased their price objective on KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating for the company in a report on Monday. 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. Barclays reduced their price target on shares of KKR & Co. Inc. from $181.00 to $129.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. HSBC raised KKR & Co. Inc. from a "hold" rating to a "buy" rating and lowered their price objective for the company from $170.00 to $119.00 in a research report on Tuesday. Finally, TD Cowen reduced their target price on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price 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.