KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Atria Investments Inc

Atria Investments Inc increased its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 11.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,453 shares of the asset manager’s stock after purchasing an additional 5,124 shares during the period. Atria Investments Inc’s holdings in KKR & Co. Inc. were worth $7,463,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hanson & Doremus Investment Management purchased a new position in KKR & Co. Inc. during the 4th quarter worth $27,000. Crews Bank & Trust purchased a new position in KKR & Co. Inc. during the 4th quarter worth $30,000. Truvestments Capital LLC purchased a new position in KKR & Co. Inc. during the 3rd quarter worth $40,000. Bank of New Hampshire purchased a new position in KKR & Co. Inc. during the 4th quarter worth $45,000. Finally, Farmers & Merchants Investments Inc. raised its position in KKR & Co. Inc. by 17.8% during 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 last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Barclays cut their price objective on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Keefe, Bruyette & Woods cut their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Morgan Stanley cut their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. Finally, The Goldman Sachs Group increased their price target 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. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Price Performance

Shares of NYSE KKR opened at $115.92 on Friday. The stock has a market cap of $102.96 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 1.00 and a beta of 1.72. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The company’s 50-day moving average price is $146.63 and its 200 day moving average price is $141.89. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.175 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.60%. KKR & Co. Inc.’s payout ratio is 21.02%.

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.