10,906 Shares in KKR & Co. Inc. (NYSE:KKR) Purchased by VCI Wealth Management LLC

VCI Wealth Management LLC purchased a new stake in shares of KKR & Co. Inc. (NYSE:KKR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,906 shares of the asset manager's stock, valued at approximately $1,613,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KKR. ORG Wealth Partners LLC purchased a new stake in KKR & Co. Inc. in the 3rd quarter valued at about $31,000. Raleigh Capital Management Inc. raised its stake in shares of KKR & Co. Inc. by 56.7% in the 3rd 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 period. Eastern Bank purchased a new position in shares of KKR & Co. Inc. during the 3rd quarter worth approximately $34,000. Truvestments Capital LLC purchased a new position in shares of KKR & Co. Inc. during the 3rd quarter worth approximately $40,000. Finally, Bank of New Hampshire acquired a new stake in KKR & Co. Inc. in the 4th quarter valued at approximately $45,000. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on KKR shares. Barclays lifted their target price on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. StockNews.com raised shares of KKR & Co. Inc. to a "sell" rating in a research note on Friday, October 25th. Hsbc Global Res lowered shares of KKR & Co. Inc. from a "strong-buy" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company decreased their price target on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 14th. Finally, HSBC cut KKR & Co. Inc. from a "buy" rating to a "hold" rating and increased their price objective for the company from $153.00 to $173.00 in a research note on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $160.86.

KKR & Co. Inc. Stock Up 0.2 %

Shares of NYSE:KKR traded up $0.30 during trading on Friday, hitting $167.17. 1,894,369 shares of the company were exchanged, compared to its average volume of 3,453,421. The firm's 50 day moving average price is $154.40 and its 200-day moving average price is $137.77. KKR & Co. Inc. has a 12-month low of $85.19 and a 12-month high of $170.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $148.49 billion, a P/E ratio of 50.92, a PEG ratio of 0.95 and a beta of 1.66.

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.