KKR & Co. Inc. (NYSE:KKR) Short Interest Update

KKR & Co. Inc. (NYSE:KKR - Get Free Report) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 10,150,000 shares, a decline of 6.8% from the January 15th total of 10,890,000 shares. Based on an average daily trading volume, of 3,710,000 shares, the short-interest ratio is currently 2.7 days.

Institutional Trading of KKR & Co. Inc.

Several large investors have recently made changes to their positions in KKR. McIlrath & Eck LLC bought a new position in KKR & Co. Inc. in the 4th quarter valued at approximately $26,000. Hanson & Doremus Investment Management bought a new position in shares of KKR & Co. Inc. during the fourth quarter valued at $27,000. Crews Bank & Trust bought a new position in shares of KKR & Co. Inc. during the fourth quarter valued at $30,000. Raleigh Capital Management Inc. raised its stake in shares of KKR & Co. Inc. by 56.7% during the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager's stock valued at $31,000 after acquiring an additional 85 shares during the last quarter. Finally, Eastern Bank bought a new position in shares of KKR & Co. Inc. during the third quarter valued at $34,000. Institutional investors and hedge funds own 76.26% of the company's stock.

Analyst Ratings Changes

KKR has been the subject of a number of research analyst reports. JMP Securities upped their target price on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a "market outperform" rating in a research note on Tuesday, October 29th. Keefe, Bruyette & Woods cut their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating on the stock in a research report on Monday, January 13th. Wells Fargo & Company dropped their target price on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft upped their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a "buy" rating in a report on Monday, November 11th. Finally, The Goldman Sachs Group upped their price target 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $161.43.

KKR & Co. Inc. Price Performance

Shares of NYSE KKR traded down $3.93 during trading hours on Thursday, hitting $134.54. 7,028,574 shares of the stock were exchanged, compared to its average volume of 4,224,257. 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 $119.50 billion, a PE ratio of 40.40, a price-to-earnings-growth ratio of 1.04 and a beta of 1.67. The company's fifty day simple moving average is $151.41 and its two-hundred day simple moving average is $140.91. KKR & Co. Inc. has a 1-year low of $91.92 and a 1-year high of $170.40.

KKR & Co. Inc. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.52%. KKR & Co. Inc.'s dividend payout ratio is 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.