KKR & Co. Inc. (NYSE:KKR) Given New $159.00 Price Target at Deutsche Bank Aktiengesellschaft

KKR & Co. Inc. (NYSE:KKR - Get Free Report) had its price target boosted by equities research analysts at Deutsche Bank Aktiengesellschaft from $158.00 to $159.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the asset manager's stock. Deutsche Bank Aktiengesellschaft's target price points to a potential upside of 1.97% from the company's current price.

KKR has been the subject of several other reports. Argus raised shares of KKR & Co. Inc. to a "strong-buy" rating in a report on Thursday, August 1st. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $144.00 target price (up from $125.00) on shares of KKR & Co. Inc. in a report on Thursday, August 1st. 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 target price on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a "market outperform" rating in a report on Tuesday, October 29th. Finally, TD Cowen increased their target price 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $152.93.

KKR & Co. Inc. Stock Performance

Shares of NYSE:KKR traded up $3.73 on Monday, reaching $155.93. The company's stock had a trading volume of 3,900,790 shares, compared to its average volume of 4,301,369. The stock's 50-day moving average is $132.81 and its two-hundred day moving average is $117.49. KKR & Co. Inc. has a 52-week low of $62.92 and a 52-week high of $156.54. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $138.50 billion, a P/E ratio of 47.47, a PEG ratio of 1.23 and a beta of 1.61.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.35. The firm had revenue of $4.79 billion during the quarter, compared to analysts' expectations 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 prior year, the company posted $0.73 earnings per share. As a group, sell-side analysts forecast that KKR & Co. Inc. will post 4.12 EPS for the current year.

Insider Buying and Selling

In other news, major shareholder Kkr Group Partnership L.P. bought 11,619,998 shares of the firm's stock in a transaction that occurred on Wednesday, September 11th. The shares were purchased at an average price of $11.13 per share, for a total transaction of $129,330,577.74. Following the completion of the transaction, the insider now owns 92,959,984 shares in the company, valued at $1,034,644,621.92. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, major shareholder Kkr Group Partnership L.P. bought 11,619,998 shares of the firm's stock in a transaction that occurred on Wednesday, September 11th. The shares were purchased at an average price of $11.13 per share, for a total transaction of $129,330,577.74. Following the completion of the transaction, the insider now owns 92,959,984 shares in the company, valued at $1,034,644,621.92. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the firm's stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the sale, the insider now owns 25,260,971 shares in the company, valued at approximately $650,470,003.25. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 39.34% of the stock is owned by company insiders.

Hedge Funds Weigh In On KKR & Co. Inc.

A number of hedge funds have recently made changes to their positions in the stock. Dudley Capital Management LLC boosted its holdings in shares of KKR & Co. Inc. by 2.7% in the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager's stock valued at $404,000 after purchasing an additional 80 shares during the last quarter. FWG Holdings LLC boosted its holdings in shares of KKR & Co. Inc. by 1.6% in the 3rd quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager's stock valued at $717,000 after purchasing an additional 80 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of KKR & Co. Inc. by 1.3% during the 3rd quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager's stock valued at $847,000 after acquiring an additional 81 shares in the last quarter. Connable Office Inc. lifted its holdings in shares of KKR & Co. Inc. by 0.4% during the 3rd quarter. Connable Office Inc. now owns 19,311 shares of the asset manager's stock valued at $2,522,000 after acquiring an additional 82 shares in the last quarter. Finally, OLD National Bancorp IN lifted its holdings in shares of KKR & Co. Inc. by 1.3% during the 3rd quarter. OLD National Bancorp IN now owns 6,477 shares of the asset manager's stock valued at $846,000 after acquiring an additional 85 shares in the last quarter. Institutional investors and hedge funds own 76.26% of the company's stock.

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.