TD Private Client Wealth LLC Boosts Stake in KKR & Co. Inc. (NYSE:KKR)

TD Private Client Wealth LLC raised its holdings in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,465 shares of the asset manager's stock after purchasing an additional 2,178 shares during the quarter. TD Private Client Wealth LLC's holdings in KKR & Co. Inc. were worth $5,985,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Farmers & Merchants Investments Inc. boosted its holdings in shares of KKR & Co. Inc. by 17.8% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager's stock worth $64,000 after acquiring an additional 65 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in KKR & Co. Inc. by 0.4% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 16,427 shares of the asset manager's stock worth $2,430,000 after purchasing an additional 69 shares in the last quarter. Ballentine Partners LLC boosted its stake in KKR & Co. Inc. by 1.2% in the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager's stock worth $846,000 after purchasing an additional 70 shares during the period. Parkside Financial Bank & Trust grew its holdings in KKR & Co. Inc. by 5.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,289 shares of the asset manager's stock valued at $191,000 after buying an additional 70 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of KKR & Co. Inc. by 0.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager's stock valued at $1,623,000 after buying an additional 73 shares during the period. Institutional investors own 76.26% of the company's stock.

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KKR & Co. Inc. Trading Up 0.2 %

KKR stock traded up $0.30 during trading on Tuesday, hitting $122.27. 3,955,044 shares of the company traded hands, compared to its average volume of 4,385,216. The company has a 50-day moving average of $138.68 and a 200-day moving average of $141.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a 1 year low of $91.92 and a 1 year high of $170.40. The firm has a market capitalization of $108.61 billion, a PE ratio of 36.72, a P/E/G ratio of 1.00 and a beta of 1.72.

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 issued 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 yield of 0.57%. KKR & Co. Inc.'s dividend payout ratio is currently 21.02%.

Insider Buying and Selling at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the stock in a transaction that occurred on 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 sale, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 39.34% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Oppenheimer raised their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, December 12th. HSBC downgraded shares of KKR & Co. Inc. from a "buy" rating to a "hold" rating and raised their price target for the company from $153.00 to $173.00 in a report on Thursday, January 30th. Hsbc Global Res cut shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 30th. Keefe, Bruyette & Woods lowered their price objective on 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. Finally, Morgan Stanley reduced their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an "equal weight" rating for the company in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, KKR & Co. Inc. currently has an average rating of "Moderate Buy" and a consensus target price of $160.79.

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.