KKR & Co. Inc. (NYSE:KKR) Stock Holdings Increased by Intech Investment Management LLC

Intech Investment Management LLC lifted its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 18.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,414 shares of the asset manager's stock after acquiring an additional 5,426 shares during the period. Intech Investment Management LLC's holdings in KKR & Co. Inc. were worth $3,622,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in KKR. Advisor Resource Council bought a new stake in shares of KKR & Co. Inc. during the 1st quarter valued at about $1,001,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of KKR & Co. Inc. by 352.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 143,610 shares of the asset manager's stock valued at $14,444,000 after purchasing an additional 111,881 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of KKR & Co. Inc. during the 4th quarter worth approximately $3,932,000. Janney Montgomery Scott LLC lifted its holdings in shares of KKR & Co. Inc. by 6.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 100,550 shares of the asset manager's stock worth $10,113,000 after purchasing an additional 6,406 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in KKR & Co. Inc. by 219.5% during the 4th quarter. Wellington Management Group LLP now owns 16,206,904 shares of the asset manager's stock valued at $1,342,742,000 after purchasing an additional 11,134,363 shares during the period. 76.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on KKR. StockNews.com raised KKR & Co. Inc. to a "sell" rating in a research report on Saturday. TD Cowen lifted their price objective on shares of KKR & Co. Inc. from $145.00 to $154.00 and gave the company a "buy" rating in a research report on Thursday, August 1st. Redburn Atlantic initiated coverage on shares of KKR & Co. Inc. in a research report on Tuesday, August 27th. They issued a "buy" rating and a $153.00 target price for the company. Argus upgraded shares of KKR & Co. Inc. to a "strong-buy" rating in a research note on Thursday, August 1st. Finally, Hsbc Global Res upgraded KKR & Co. Inc. to a "strong-buy" rating in a research report on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.27.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR traded down $0.63 during trading hours on Monday, hitting $132.60. 1,942,279 shares of the company's stock traded hands, compared to its average volume of 4,587,466. The company's fifty day simple moving average is $118.86 and its two-hundred day simple moving average is $107.90. The company has a market cap of $117.67 billion, a price-to-earnings ratio of 29.87, a price-to-earnings-growth ratio of 0.99 and a beta of 1.62. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a 52 week low of $53.72 and a 52 week high of $134.85.

KKR & Co. Inc. (NYSE:KKR - Get Free Report) last issued its earnings results on Wednesday, July 31st. The asset manager reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.20. The firm had revenue of $4.17 billion during the quarter, compared to analysts' expectations of $1.07 billion. KKR & Co. Inc. had a net margin of 17.99% and a return on equity of 5.05%. During the same period last year, the firm posted $0.58 earnings per share. As a group, equities analysts anticipate that KKR & Co. Inc. will post 4.01 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Investors of record on Monday, August 12th were issued a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Monday, August 12th. KKR & Co. Inc.'s payout ratio is 15.70%.

Insider Transactions at KKR & Co. Inc.

In related news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the business's stock in a transaction 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 sale, the insider now directly owns 25,260,971 shares of the company's stock, valued at approximately $650,470,003.25. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm's stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The disclosure for this sale can be found here. 39.34% of the stock is owned by insiders.

KKR & Co. Inc. Profile

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.