O Shaughnessy Asset Management LLC Buys 9,657 Shares of KKR & Co. Inc. (NYSE:KKR)

O Shaughnessy Asset Management LLC boosted its position in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 29.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,703 shares of the asset manager's stock after buying an additional 9,657 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in KKR & Co. Inc. were worth $6,316,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of KKR. Hanson & Doremus Investment Management acquired a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $27,000. Crews Bank & Trust bought a new stake in KKR & Co. Inc. during the fourth quarter worth approximately $30,000. Cassady Schiller Wealth Management LLC bought a new stake in KKR & Co. Inc. during the fourth quarter worth approximately $36,000. HM Payson & Co. grew its position in KKR & Co. Inc. by 6,800.0% in the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager's stock worth $41,000 after buying an additional 272 shares during the last quarter. Finally, Bank of New Hampshire bought a new position in shares of KKR & Co. Inc. in the fourth quarter valued at $45,000. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Stock Down 15.4 %

KKR traded down $18.58 during trading on Thursday, reaching $102.33. 13,837,975 shares of the stock traded hands, compared to its average volume of 4,679,795. The stock's 50-day simple moving average is $133.56 and its two-hundred day simple moving average is $141.47. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week high of $170.40. The stock has a market cap of $90.89 billion, a price-to-earnings ratio of 30.73, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77.

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KKR & Co. Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued 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 0.68%. KKR & Co. Inc.'s dividend payout ratio is 21.02%.

Wall Street Analyst Weigh In

KKR has been the subject of several research reports. Keefe, Bruyette & Woods reduced their price objective on 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. Barclays decreased 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. Wells Fargo & Company upgraded KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and cut their price objective for the stock from $150.00 to $141.00 in a report on Thursday, March 20th. Hsbc Global Res cut shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 30th. Finally, Morgan Stanley cut their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, KKR & Co. Inc. has an average rating of "Moderate Buy" and a consensus target price of $160.79.

Insider Activity

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the transaction, the insider now owns 19,260,971 shares in the company, valued at approximately $634,841,604.16. This trade represents a 23.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 39.34% of the stock is owned by corporate insiders.

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.