West Oak Capital LLC Grows Stock Position in KKR & Co. Inc. (NYSE:KKR)

West Oak Capital LLC boosted its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 540.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,000 shares of the asset manager’s stock after acquiring an additional 3,375 shares during the quarter. West Oak Capital LLC’s holdings in KKR & Co. Inc. were worth $592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Heartwood Wealth Advisors LLC purchased a new stake in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $247,000. Harbor Capital Advisors Inc. grew its holdings in KKR & Co. Inc. by 2.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 12,184 shares of the asset manager’s stock worth $1,802,000 after acquiring an additional 296 shares during the last quarter. Baker Tilly Wealth Management LLC grew its holdings in KKR & Co. Inc. by 1.4% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 5,886 shares of the asset manager’s stock worth $871,000 after acquiring an additional 81 shares during the last quarter. First Hawaiian Bank bought a new stake in shares of KKR & Co. Inc. in the fourth quarter worth about $274,000. Finally, Fulton Bank N.A. increased its holdings in KKR & Co. Inc. by 8.2% during the 4th quarter. Fulton Bank N.A. now owns 17,182 shares of the asset manager’s stock valued at $2,541,000 after purchasing an additional 1,301 shares during the period. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Stock Down 4.9 %

KKR stock traded down $7.27 on Friday, reaching $140.97. 3,968,588 shares of the company traded hands, compared to its average volume of 3,053,696. The firm has a fifty day simple moving average of $152.12 and a 200-day simple moving average of $132.49. The company has a market cap of $125.21 billion, a P/E ratio of 42.85, a price-to-earnings-growth ratio of 1.22 and a beta of 1.66. KKR & Co. Inc. has a one year low of $80.20 and a one year high of $163.68. 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. (NYSE:KKR) last issued its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.35. The firm had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same period last year, the company earned $0.73 earnings per share. Research analysts anticipate that KKR & Co. Inc. will post 4.16 earnings per share for the current year.

KKR & Co. Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were paid a $0.175 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.70 annualized dividend and a dividend yield of 0.50%. KKR & Co. Inc.’s dividend payout ratio is presently 21.28%.

Wall Street Analysts Forecast Growth

KKR has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a report on Monday, November 11th. JMP Securities raised their price target on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research note on Tuesday, October 29th. Citigroup boosted their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. The Goldman Sachs Group raised their target price on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Finally, TD Cowen lifted their target price on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $160.07.

KKR & Co. Inc. Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.