Robeco Institutional Asset Management B.V. raised its stake in KKR & Co. Inc. (NYSE:KKR - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,000 shares of the asset manager's stock after purchasing an additional 1,730 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in KKR & Co. Inc. were worth $15,087,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Assenagon Asset Management S.A. lifted its stake in shares of KKR & Co. Inc. by 3,757.3% in the third quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager's stock valued at $72,199,000 after buying an additional 538,573 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in KKR & Co. Inc. by 1,181.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager's stock valued at $71,038,000 after acquiring an additional 501,579 shares in the last quarter. State Street Corp lifted its position in shares of KKR & Co. Inc. by 1.8% in the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager's stock worth $3,486,977,000 after acquiring an additional 481,686 shares during the period. Geode Capital Management LLC grew its holdings in shares of KKR & Co. Inc. by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager's stock worth $1,768,788,000 after purchasing an additional 355,837 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of KKR & Co. Inc. by 11,197.2% during the third quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager's stock valued at $44,787,000 after purchasing an additional 339,946 shares during the period. 76.26% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts recently commented on KKR shares. Hsbc Global Res cut KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 30th. Citigroup raised their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a "buy" rating in a report on Friday, October 25th. The Goldman Sachs Group upped their target price on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft raised their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Finally, Barclays upped their price objective on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $160.86.
Read Our Latest Research Report on KKR
KKR & Co. Inc. Price Performance
Shares of NYSE:KKR traded down $13.43 during midday trading on Tuesday, reaching $149.79. The company's stock had a trading volume of 9,266,797 shares, compared to its average volume of 3,839,737. The business's fifty day simple moving average is $154.65 and its 200-day simple moving average is $138.79. 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 $87.28 and a fifty-two week high of $170.40. The company has a market capitalization of $133.05 billion, a P/E ratio of 45.53, a P/E/G ratio of 0.96 and a beta of 1.67.
KKR & Co. Inc. Profile
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Free Report)
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.
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![Institutional Ownership by Quarter for KKR & Co. Inc. (NYSE:KKR)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NYSE&Symbol=KKR)
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