KKR & Co. Inc. (NYSE:KKR) Position Raised by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 576,741 shares of the asset manager's stock after purchasing an additional 5,652 shares during the quarter. Natixis Advisors LLC owned approximately 0.06% of KKR & Co. Inc. worth $85,306,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Frank Rimerman Advisors LLC boosted its position in KKR & Co. Inc. by 72.9% during the fourth quarter. Frank Rimerman Advisors LLC now owns 4,874 shares of the asset manager's stock valued at $721,000 after acquiring an additional 2,055 shares during the last quarter. Campbell Capital Management Inc. boosted its position in shares of KKR & Co. Inc. by 2.0% during the 4th quarter. Campbell Capital Management Inc. now owns 87,068 shares of the asset manager's stock worth $12,878,000 after purchasing an additional 1,701 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of KKR & Co. Inc. by 8.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 96,516 shares of the asset manager's stock worth $14,276,000 after purchasing an additional 7,590 shares in the last quarter. PGGM Investments bought a new position in shares of KKR & Co. Inc. during the 4th quarter worth about $754,000. Finally, Bowen Hanes & Co. Inc. bought a new position in shares of KKR & Co. Inc. during the 4th quarter worth about $5,999,000. Institutional investors and hedge funds own 76.26% of the company's stock.

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KKR & Co. Inc. Trading Up 2.2 %

KKR stock traded up $2.50 during mid-day trading on Wednesday, hitting $116.52. 1,284,673 shares of the company were exchanged, compared to its average volume of 4,344,745. The business has a fifty day simple moving average of $140.81 and a 200-day simple moving average of $141.71. 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 12-month low of $91.92 and a 12-month high of $170.40. The firm has a market capitalization of $103.50 billion, a P/E ratio of 34.96, a PEG ratio of 1.00 and a beta of 1.72.

KKR & Co. Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.60%. KKR & Co. Inc.'s dividend payout ratio is presently 21.02%.

Insider Activity at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the company'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 transaction, the insider now directly owns 19,260,971 shares in the company, valued at approximately $634,841,604.16. This represents a 23.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 39.34% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on KKR. Hsbc Global Res cut shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 30th. Keefe, Bruyette & Woods decreased 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 note on Monday, January 13th. Morgan Stanley decreased their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating for the company in a research note on Thursday, February 6th. Wells Fargo & Company cut their price objective on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an "equal weight" rating for the company in a report on Wednesday, February 5th. Finally, The Goldman Sachs Group raised their price objective 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. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, KKR & Co. Inc. has a consensus rating of "Moderate Buy" and an average price target of $161.43.

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.