V Square Quantitative Management LLC Raises Position in KKR & Co. Inc. (NYSE:KKR)

V Square Quantitative Management LLC increased its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 100.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,261 shares of the asset manager's stock after buying an additional 3,137 shares during the period. V Square Quantitative Management LLC's holdings in KKR & Co. Inc. were worth $926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of KKR. Assenagon Asset Management S.A. increased its position in shares of KKR & Co. Inc. by 3,757.3% during the third quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager's stock worth $72,199,000 after purchasing an additional 538,573 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of KKR & Co. Inc. by 92.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,047,382 shares of the asset manager's stock worth $156,199,000 after purchasing an additional 503,365 shares in the last quarter. State Street Corp increased its position in shares of KKR & Co. Inc. by 1.8% in the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager's stock valued at $3,486,977,000 after acquiring an additional 481,686 shares during the period. Geode Capital Management LLC increased its position in shares of KKR & Co. Inc. by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager's stock valued at $1,768,788,000 after acquiring an additional 355,837 shares during the period. Finally, International Assets Investment Management LLC increased its position in shares of KKR & Co. Inc. by 11,197.2% in the 3rd quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager's stock valued at $44,787,000 after acquiring an additional 339,946 shares during the period. Institutional investors own 76.26% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on KKR shares. Wells Fargo & Company cut their target price on KKR & Co. Inc. from $151.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. TD Cowen upped their target price on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Citigroup upped their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upped their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Finally, The Goldman Sachs Group upped their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, KKR & Co. Inc. currently has an average rating of "Moderate Buy" and a consensus price target of $161.43.

KKR & Co. Inc. Price Performance

Shares of KKR stock traded up $0.25 during mid-day trading on Tuesday, hitting $140.81. 3,322,527 shares of the stock were exchanged, compared to its average volume of 4,077,874. The firm has a fifty day moving average of $152.01 and a 200 day moving average of $140.70. 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 52-week low of $91.92 and a 52-week high of $170.40. The company has a market cap of $125.07 billion, a PE ratio of 42.28, a price-to-earnings-growth ratio of 1.05 and a beta of 1.67.

KKR & Co. Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is 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.