KKR & Co. Inc. (NYSE:KKR) Shares Bought by Sapient Capital LLC

Sapient Capital LLC grew its position in KKR & Co. Inc. (NYSE:KKR) by 1.4% during the fourth quarter, Holdings Channel reports. The firm owned 363,095 shares of the asset manager’s stock after acquiring an additional 4,963 shares during the period. KKR & Co. Inc. makes up approximately 1.0% of Sapient Capital LLC’s portfolio, making the stock its 18th largest position. Sapient Capital LLC’s holdings in KKR & Co. Inc. were worth $53,705,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. increased its holdings in KKR & Co. Inc. by 17.8% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock worth $64,000 after buying an additional 65 shares during the period. Ballentine Partners LLC increased its stake in shares of KKR & Co. Inc. by 1.2% in the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock worth $846,000 after acquiring an additional 70 shares during the period. Wealthcare Advisory Partners LLC raised its holdings 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 worth $1,623,000 after purchasing an additional 73 shares during the last quarter. Calamos Wealth Management LLC lifted its position in KKR & Co. Inc. by 2.0% during the fourth quarter. Calamos Wealth Management LLC now owns 3,918 shares of the asset manager’s stock valued at $580,000 after purchasing an additional 78 shares during the period. Finally, Mather Group LLC. lifted its position in KKR & Co. Inc. by 7.9% during the fourth quarter. Mather Group LLC. now owns 1,064 shares of the asset manager’s stock valued at $157,000 after purchasing an additional 78 shares during the period. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on KKR shares. Morgan Stanley lowered their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Hsbc Global Res lowered KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. The Goldman Sachs Group lifted their target price on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. HSBC cut shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and boosted their target price for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Finally, Barclays dropped their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $161.43.

KKR & Co. Inc. Stock Down 0.5 %

NYSE KKR opened at $147.87 on Tuesday. The business has a fifty day moving average price of $153.85 and a 200 day moving average price of $139.76. 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 $131.34 billion, a P/E ratio of 44.41, a P/E/G ratio of 1.05 and a beta of 1.67. KKR & Co. Inc. has a one year low of $91.92 and a one year high of $170.40.

KKR & Co. Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is 21.02%.

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.