KKR & Co. Inc. (NYSE:KKR) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC decreased its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 17.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,485 shares of the asset manager's stock after selling 2,651 shares during the quarter. OneDigital Investment Advisors LLC's holdings in KKR & Co. Inc. were worth $1,847,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Hanson & Doremus Investment Management acquired a new stake in KKR & Co. Inc. in the fourth quarter valued at about $27,000. Crews Bank & Trust acquired a new position in shares of KKR & Co. Inc. in the fourth quarter worth approximately $30,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of KKR & Co. Inc. in the 4th quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC bought a new stake in KKR & Co. Inc. during the fourth quarter valued at $36,000. Finally, HM Payson & Co. boosted its position in shares of KKR & Co. Inc. by 6,800.0% during the 4th quarter. HM Payson & Co. now owns 276 shares of the asset manager's stock valued at $41,000 after purchasing an additional 272 shares in the last quarter. Institutional investors own 76.26% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Bank of America reduced their price target on shares of KKR & Co. Inc. from $214.00 to $194.00 and set a "buy" rating for the company in a report on Friday, April 4th. JMP Securities cut their price target on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Keefe, Bruyette & Woods decreased their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. TD Cowen cut their price objective on KKR & Co. Inc. from $183.00 to $126.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Finally, Morgan Stanley decreased their target price on KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $144.93.

Insider Activity at KKR & Co. Inc.

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 stock was 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 39.34% of the stock is currently owned by insiders.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR traded up $0.56 on Friday, reaching $113.81. The company's stock had a trading volume of 3,554,483 shares, compared to its average volume of 4,996,346. The company has a 50-day simple moving average of $114.31 and a 200 day simple moving average of $137.65. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40. 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 company has a market cap of $101.09 billion, a P/E ratio of 34.18, a PEG ratio of 1.00 and a beta of 1.77.

KKR & Co. Inc. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.175 per share. The ex-dividend date was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.62%. KKR & Co. Inc.'s dividend payout ratio is presently 21.02%.

About KKR & Co. Inc.

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.