TD Waterhouse Canada Inc. Increases Holdings in KKR & Co. Inc. (NYSE:KKR)

TD Waterhouse Canada Inc. boosted its position in KKR & Co. Inc. (NYSE:KKR - Free Report) by 16.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,769 shares of the asset manager's stock after purchasing an additional 4,331 shares during the period. TD Waterhouse Canada Inc.'s holdings in KKR & Co. Inc. were worth $4,555,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hanson & Doremus Investment Management purchased a new position in shares of KKR & Co. Inc. in the fourth quarter valued at $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. during the fourth quarter worth about $30,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at about $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at about $36,000. Finally, HM Payson & Co. grew its position in shares of KKR & Co. Inc. by 6,800.0% in the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager's stock valued at $41,000 after purchasing an additional 272 shares during the last quarter. 76.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on KKR shares. Wells Fargo & Company reduced their target price on KKR & Co. Inc. from $141.00 to $120.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Barclays decreased their price objective on KKR & Co. Inc. from $181.00 to $129.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Morgan Stanley reduced their target price on shares of KKR & Co. Inc. from $156.00 to $114.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. JMP Securities lowered their price target on shares of KKR & Co. Inc. from $165.00 to $150.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. One analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, KKR & Co. Inc. presently has a consensus rating of "Moderate Buy" and a consensus target price of $144.93.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $102.10 on Wednesday. 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 $86.15 and a 1-year high of $170.40. The firm has a market capitalization of $90.69 billion, a P/E ratio of 30.66, a P/E/G ratio of 1.00 and a beta of 1.77. The business's 50-day simple moving average is $116.08 and its 200-day simple moving average is $138.09.

KKR & Co. Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.69%. KKR & Co. Inc.'s dividend payout ratio (DPR) is 21.02%.

Insiders Place Their Bets

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the transaction, the insider now owns 19,260,971 shares in the company, valued at $634,841,604.16. The trade was a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 39.34% of the stock is owned by insiders.

KKR & Co. Inc. 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.

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