Patton Fund Management Inc. Has $6.22 Million Holdings in KKR & Co. Inc. (NYSE:KKR)

Patton Fund Management Inc. decreased its stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 12.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,076 shares of the asset manager's stock after selling 6,153 shares during the period. KKR & Co. Inc. comprises about 1.2% of Patton Fund Management Inc.'s investment portfolio, making the stock its 27th biggest holding. Patton Fund Management Inc.'s holdings in KKR & Co. Inc. were worth $6,223,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. AXA S.A. boosted its holdings in KKR & Co. Inc. by 180.6% in the second quarter. AXA S.A. now owns 15,243 shares of the asset manager's stock worth $1,604,000 after purchasing an additional 9,810 shares during the period. AQR Capital Management LLC boosted its holdings in shares of KKR & Co. Inc. by 67.3% in the 2nd quarter. AQR Capital Management LLC now owns 31,947 shares of the asset manager's stock valued at $3,362,000 after buying an additional 12,856 shares during the period. Mackenzie Financial Corp grew its position in shares of KKR & Co. Inc. by 58.8% during the 2nd quarter. Mackenzie Financial Corp now owns 62,344 shares of the asset manager's stock valued at $6,561,000 after buying an additional 23,080 shares during the last quarter. Creative Planning raised its stake in KKR & Co. Inc. by 14.3% during the second quarter. Creative Planning now owns 60,163 shares of the asset manager's stock worth $6,332,000 after acquiring an additional 7,505 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in KKR & Co. Inc. by 6.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 44,822 shares of the asset manager's stock worth $4,717,000 after acquiring an additional 2,873 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on KKR shares. HSBC lowered KKR & Co. Inc. from a "buy" rating to a "hold" rating and upped their target price for the company from $153.00 to $173.00 in a report on Thursday. StockNews.com upgraded KKR & Co. Inc. to a "sell" rating in a research note on Friday, October 25th. The Goldman Sachs Group raised their target price on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. JMP Securities boosted their price target 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, Hsbc Global Res cut shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $160.86.

KKR & Co. Inc. Price Performance

Shares of KKR & Co. Inc. stock traded up $0.17 during trading on Friday, hitting $167.04. The stock had a trading volume of 3,400,850 shares, compared to its average volume of 3,242,581. The business has a fifty day moving average of $154.57 and a two-hundred day moving average of $138.28. KKR & Co. Inc. has a fifty-two week low of $85.19 and a fifty-two week high of $170.40. The firm has a market cap of $148.37 billion, a P/E ratio of 50.77, a PEG ratio of 0.95 and a beta of 1.66. 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. 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.