Vontobel Holding Ltd. Grows Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Vontobel Holding Ltd. increased its holdings in KKR & Co. Inc. (NYSE:KKR - Free Report) by 14.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,752 shares of the asset manager's stock after buying an additional 2,229 shares during the period. Vontobel Holding Ltd.'s holdings in KKR & Co. Inc. were worth $2,626,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. State Street Corp raised its position in shares of KKR & Co. Inc. by 1.8% in the third quarter. State Street Corp now owns 26,703,762 shares of the asset manager's stock worth $3,486,977,000 after buying an additional 481,686 shares in the last quarter. Wellington Management Group LLP raised its position in KKR & Co. Inc. by 0.3% during the third quarter. Wellington Management Group LLP now owns 23,432,827 shares of the asset manager's stock valued at $3,059,859,000 after purchasing an additional 60,147 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in KKR & Co. Inc. by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 16,808,390 shares of the asset manager's stock valued at $2,194,840,000 after purchasing an additional 124,257 shares in the last quarter. Geode Capital Management LLC raised its position in KKR & Co. Inc. by 2.7% during the third quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager's stock valued at $1,768,788,000 after purchasing an additional 355,837 shares in the last quarter. Finally, FMR LLC raised its position in KKR & Co. Inc. by 1.5% during the third quarter. FMR LLC now owns 11,251,333 shares of the asset manager's stock valued at $1,469,199,000 after purchasing an additional 165,631 shares in the last quarter. Hedge funds and other institutional investors own 76.26% of the company's stock.

KKR & Co. Inc. Trading Down 2.8 %

Shares of NYSE KKR traded down $3.93 during trading hours on Thursday, hitting $134.54. The company's stock had a trading volume of 7,028,573 shares, compared to its average volume of 4,216,664. The business has a 50-day simple moving average of $151.41 and a 200-day simple moving average of $140.91. 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 stock has a market cap of $119.50 billion, a price-to-earnings ratio of 40.40, a P/E/G ratio of 1.04 and a beta of 1.67. KKR & Co. Inc. has a 12 month low of $91.92 and a 12 month high of $170.40.

KKR & Co. Inc. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.175 per share. The ex-dividend date is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.52%. KKR & Co. Inc.'s payout ratio is 21.02%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Oppenheimer raised their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, December 12th. StockNews.com upgraded KKR & Co. Inc. to a "sell" rating in a research report on Friday, October 25th. Barclays lowered their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Citigroup raised their price target on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Finally, TD Cowen raised their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a "buy" rating in a research report on Friday, October 25th. One equities 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's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $161.43.

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.