KKR & Co. Inc. (NYSE:KKR) Price Target Raised to $185.00

KKR & Co. Inc. (NYSE:KKR - Free Report) had its target price hoisted by Barclays from $166.00 to $185.00 in a research report released on Monday morning,Benzinga reports. They currently have an overweight rating on the asset manager's stock.

Other equities analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Wells Fargo & Company boosted their price target on shares of KKR & Co. Inc. from $139.00 to $152.00 and gave the stock an "equal weight" rating in a report on Friday, October 25th. StockNews.com raised shares of KKR & Co. Inc. to a "sell" rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a "buy" rating in a report on Tuesday, November 19th. Finally, Morgan Stanley boosted their price target on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an "equal weight" rating in a report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, KKR & Co. Inc. presently has a consensus rating of "Moderate Buy" and a consensus target price of $155.50.

KKR & Co. Inc. Stock Down 3.6 %

KKR traded down $5.64 during mid-day trading on Monday, reaching $152.37. 6,142,860 shares of the stock were exchanged, compared to its average volume of 4,230,751. 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 stock has a market capitalization of $135.34 billion, a PE ratio of 46.31, a price-to-earnings-growth ratio of 1.25 and a beta of 1.63. The company has a 50 day moving average price of $145.78 and a two-hundred day moving average price of $125.75. KKR & Co. Inc. has a 1 year low of $76.60 and a 1 year high of $163.68.

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

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Monday, November 4th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.46%. The ex-dividend date was Monday, November 4th. KKR & Co. Inc.'s dividend payout ratio (DPR) is 21.28%.

Insider Buying and Selling

In other KKR & Co. Inc. news, major shareholder Kkr Group Partnership L.P. purchased 11,619,998 shares of KKR & Co. Inc. stock in a transaction on Wednesday, September 11th. The shares were acquired at an average cost of $11.13 per share, for a total transaction of $129,330,577.74. Following the completion of the transaction, the insider now directly owns 92,959,984 shares of the company's stock, valued at approximately $1,034,644,621.92. The trade was a 14.29 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the transaction, the insider now owns 25,260,971 shares in the company, valued at $650,470,003.25. The trade was a 18.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 39.34% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. ORG Wealth Partners LLC purchased a new stake in shares of KKR & Co. Inc. during the third quarter valued at approximately $31,000. Raleigh Capital Management Inc. lifted its stake in KKR & Co. Inc. by 56.7% in the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager's stock worth $31,000 after acquiring an additional 85 shares during the period. Eastern Bank purchased a new stake in KKR & Co. Inc. in the third quarter worth $34,000. American National Bank lifted its stake in KKR & Co. Inc. by 202.6% in the second quarter. American National Bank now owns 351 shares of the asset manager's stock worth $37,000 after acquiring an additional 235 shares during the period. Finally, Farmers & Merchants Investments Inc. purchased a new stake in KKR & Co. Inc. in the second quarter worth $38,000. 76.26% of the stock is currently owned by institutional investors.

About KKR & Co. Inc.

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.