KKR & Co. Inc. (NYSE:KKR) Shares Bought by Golden State Equity Partners

Golden State Equity Partners grew its stake in KKR & Co. Inc. (NYSE:KKR) by 15.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,331 shares of the asset manager’s stock after acquiring an additional 719 shares during the quarter. Golden State Equity Partners’ holdings in KKR & Co. Inc. were worth $788,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. AdvisorNet Financial Inc lifted its position in shares of KKR & Co. Inc. by 417.8% in the fourth quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock valued at $322,000 after acquiring an additional 1,759 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in KKR & Co. Inc. by 8.9% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock worth $7,559,000 after buying an additional 4,719 shares during the period. Whalen Wealth Management Inc. purchased a new position in KKR & Co. Inc. during the fourth quarter worth about $667,000. Caldwell Investment Management Ltd. lifted its position in KKR & Co. Inc. by 2.9% during the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock worth $31,477,000 after buying an additional 5,900 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its position in KKR & Co. Inc. by 42.1% during the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock worth $1,976,000 after buying an additional 4,481 shares during the period. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

KKR has been the topic of several recent analyst reports. JMP Securities increased their target price on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 29th. Evercore ISI increased their target price on KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Keefe, Bruyette & Woods reduced their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Morgan Stanley raised their price objective on KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $160.86.

KKR & Co. Inc. Stock Performance

Shares of NYSE:KKR opened at $167.04 on Monday. The company has a market cap of $148.37 billion, a P/E ratio of 50.77, a PEG ratio of 0.95 and a beta of 1.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a one year low of $85.19 and a one year high of $170.40. The business’s 50-day simple moving average is $154.57 and its 200 day simple moving average is $138.28.

KKR & Co. Inc. Company 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.