Caldwell Investment Management Ltd. Has $31.48 Million Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Caldwell Investment Management Ltd. raised its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 212,400 shares of the asset manager's stock after acquiring an additional 5,900 shares during the quarter. KKR & Co. Inc. makes up 21.2% of Caldwell Investment Management Ltd.'s portfolio, making the stock its largest holding. Caldwell Investment Management Ltd.'s holdings in KKR & Co. Inc. were worth $31,477,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KKR. Park Avenue Securities LLC grew its position in KKR & Co. Inc. by 44.6% during the 4th quarter. Park Avenue Securities LLC now owns 22,868 shares of the asset manager's stock worth $3,382,000 after acquiring an additional 7,058 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in KKR & Co. Inc. by 61.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 890,926 shares of the asset manager's stock worth $131,777,000 after purchasing an additional 338,019 shares in the last quarter. Community Trust & Investment Co. boosted its stake in KKR & Co. Inc. by 2.9% in the fourth quarter. Community Trust & Investment Co. now owns 84,301 shares of the asset manager's stock worth $12,469,000 after purchasing an additional 2,385 shares in the last quarter. Oak Thistle LLC increased its stake in shares of KKR & Co. Inc. by 198.1% in the fourth quarter. Oak Thistle LLC now owns 6,456 shares of the asset manager's stock valued at $955,000 after buying an additional 4,290 shares in the last quarter. Finally, Pines Wealth Management LLC acquired a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at $563,000. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Trading Up 4.8 %

NYSE:KKR traded up $6.85 during mid-day trading on Wednesday, hitting $150.50. The company had a trading volume of 5,022,915 shares, compared to its average volume of 3,420,091. KKR & Co. Inc. has a fifty-two week low of $80.20 and a fifty-two week high of $163.68. The business's fifty day moving average is $152.37 and its two-hundred day moving average is $133.61. 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 firm has a market cap of $133.68 billion, a P/E ratio of 45.74, a P/E/G ratio of 1.22 and a beta of 1.66.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.35. The company had revenue of $4.79 billion during the quarter, compared to analysts' expectations of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same period in the prior year, the business posted $0.73 EPS. As a group, research analysts expect that KKR & Co. Inc. will post 4.16 earnings per share for the current year.

KKR & Co. Inc. Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.47%. KKR & Co. Inc.'s dividend payout ratio is 21.28%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on KKR. Hsbc Global Res raised shares of KKR & Co. Inc. to a "strong-buy" rating in a report on Wednesday, September 18th. JMP Securities increased their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a "market outperform" rating in a research note on Tuesday, October 29th. TD Cowen raised their price target on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a "buy" rating in a report on Friday, October 25th. StockNews.com raised KKR & Co. Inc. to a "sell" rating in a report on Friday, October 25th. Finally, Barclays increased their price objective on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. One analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, KKR & Co. Inc. currently has a consensus rating of "Moderate Buy" and a consensus target price of $159.07.

KKR & Co. Inc. Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.