Schroder Investment Management Group Acquires 13,065 Shares of KKR & Co. Inc. (NYSE:KKR)

Schroder Investment Management Group grew its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 19.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,086 shares of the asset manager's stock after acquiring an additional 13,065 shares during the period. Schroder Investment Management Group's holdings in KKR & Co. Inc. were worth $11,884,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hanson & Doremus Investment Management bought a new position in KKR & Co. Inc. in the 4th quarter worth $27,000. Crews Bank & Trust bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth about $30,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of KKR & Co. Inc. during the 4th quarter valued at about $36,000. HM Payson & Co. lifted 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 buying an additional 272 shares in the last quarter. Finally, Bank of New Hampshire bought a new position in shares of KKR & Co. Inc. during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 76.26% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on KKR shares. Morgan Stanley decreased their target price on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 6th. HSBC cut shares of KKR & Co. Inc. from a "buy" rating to a "hold" rating and increased their price objective for the stock from $153.00 to $173.00 in a research note on Thursday, January 30th. Keefe, Bruyette & Woods lowered their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. Wells Fargo & Company upgraded KKR & Co. Inc. from an "equal weight" rating to an "overweight" rating and cut their price target for the stock from $150.00 to $141.00 in a research note on Thursday, March 20th. Finally, Oppenheimer raised their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an "outperform" rating in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $160.79.

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Insider Buying and Selling

In related news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total value of $197,760,000.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 39.34% of the stock is currently owned by company insiders.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $102.33 on Friday. 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 1-year low of $91.92 and a 1-year high of $170.40. The business has a 50 day simple moving average of $132.30 and a two-hundred day simple moving average of $141.20. The stock has a market capitalization of $90.89 billion, a PE ratio of 30.73, a P/E/G ratio of 1.00 and a beta of 1.77.

KKR & Co. Inc. Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend was Friday, February 14th. 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.

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