Vinva Investment Management Ltd Has $1.12 Million Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Vinva Investment Management Ltd cut its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 66.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,564 shares of the asset manager's stock after selling 15,311 shares during the period. Vinva Investment Management Ltd's holdings in KKR & Co. Inc. were worth $1,122,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Farmers & Merchants Investments Inc. boosted its stake in KKR & Co. Inc. by 17.8% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager's stock valued at $64,000 after acquiring an additional 65 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in shares of KKR & Co. Inc. by 0.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 16,427 shares of the asset manager's stock worth $2,430,000 after purchasing an additional 69 shares during the last quarter. Ballentine Partners LLC grew its stake in KKR & Co. Inc. by 1.2% during the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager's stock worth $846,000 after buying an additional 70 shares during the last quarter. Parkside Financial Bank & Trust increased its position 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 worth $191,000 after buying an additional 70 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its position in KKR & Co. Inc. by 0.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager's stock worth $1,623,000 after buying an additional 73 shares during the period. Institutional investors own 76.26% of the company's stock.

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KKR & Co. Inc. Price Performance

Shares of NYSE:KKR traded up $0.30 during trading hours on Tuesday, hitting $122.27. 3,955,044 shares of the company's stock traded hands, compared to its average volume of 4,385,216. The company's fifty day simple moving average is $138.68 and its two-hundred day simple moving average is $141.66. The company has a market cap of $108.61 billion, a price-to-earnings ratio of 36.72, a price-to-earnings-growth ratio of 1.00 and a beta of 1.72. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40.

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.'s dividend payout ratio is presently 21.02%.

Analyst Upgrades and Downgrades

KKR has been the subject of several recent research reports. Keefe, Bruyette & Woods lowered their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. Wells Fargo & Company upgraded shares of KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and dropped their price target for the company from $150.00 to $141.00 in a research note on Thursday, March 20th. HSBC downgraded KKR & Co. Inc. from a "buy" rating to a "hold" rating and boosted their price objective for the stock from $153.00 to $173.00 in a research report on Thursday, January 30th. Morgan Stanley lowered 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. Finally, Barclays reduced their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating for the company in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $160.79.

Insider Buying and Selling

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm's stock in a transaction dated 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 completion of the transaction, the insider now directly owns 19,260,971 shares in the company, valued at $634,841,604.16. This trade represents a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 39.34% of the company's stock.

KKR & Co. Inc. Company 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.