Swedbank AB Buys 385 Shares of KKR & Co. Inc. (NYSE:KKR)

Swedbank AB increased its position in shares of KKR & Co. Inc. (NYSE:KKR) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,759 shares of the asset manager’s stock after buying an additional 385 shares during the quarter. Swedbank AB’s holdings in KKR & Co. Inc. were worth $10,762,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KKR. Ballentine Partners LLC grew its holdings in shares of KKR & Co. Inc. by 1.2% during the 4th quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock worth $846,000 after purchasing an additional 70 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in KKR & Co. Inc. by 0.7% in 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 period. Dudley Capital Management LLC boosted its stake in KKR & Co. Inc. by 2.7% during the third quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock worth $404,000 after buying an additional 80 shares in the last quarter. FWG Holdings LLC increased its holdings in KKR & Co. Inc. by 1.6% in the 3rd quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock valued at $717,000 after buying an additional 80 shares during the period. Finally, Sigma Planning Corp increased its holdings in KKR & Co. Inc. by 1.3% in the 3rd quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock valued at $847,000 after buying an additional 81 shares during the period. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Stock Up 0.1 %

Shares of NYSE:KKR opened at $167.04 on Friday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm has a market cap of $148.37 billion, a P/E ratio of 50.77, a P/E/G ratio of 0.95 and a beta of 1.66. KKR & Co. Inc. has a 12 month low of $85.19 and a 12 month high of $170.40. The company’s 50-day moving average price is $154.40 and its two-hundred day moving average price is $137.77.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. StockNews.com upgraded shares of KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. HSBC downgraded KKR & Co. Inc. from a “buy” rating to a “hold” rating and lifted their price objective for the company from $153.00 to $173.00 in a report on Thursday. Citigroup increased their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods cut their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Finally, Hsbc Global Res cut KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $160.86.

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.