Stratos Investment Management LLC Has $682,000 Position in KKR & Co. Inc. (NYSE:KKR)

Stratos Investment Management LLC increased its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 93.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,610 shares of the asset manager’s stock after acquiring an additional 2,228 shares during the quarter. Stratos Investment Management LLC’s holdings in KKR & Co. Inc. were worth $682,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. State Street Corp increased its holdings in shares of KKR & Co. Inc. by 1.8% during the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock worth $3,486,977,000 after acquiring an additional 481,686 shares during the last quarter. Wellington Management Group LLP grew its holdings in KKR & Co. Inc. by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 23,432,827 shares of the asset manager’s stock valued at $3,059,859,000 after buying an additional 60,147 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in KKR & Co. Inc. by 0.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 16,808,390 shares of the asset manager’s stock valued at $2,194,840,000 after buying an additional 124,257 shares in the last quarter. Geode Capital Management LLC grew its holdings in KKR & Co. Inc. by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager’s stock valued at $1,768,788,000 after buying an additional 355,837 shares in the last quarter. Finally, FMR LLC grew its holdings in KKR & Co. Inc. by 1.5% in the 3rd quarter. FMR LLC now owns 11,251,333 shares of the asset manager’s stock valued at $1,469,199,000 after buying an additional 165,631 shares in the last quarter. 76.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on KKR shares. Barclays decreased their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating on the stock in a report on Wednesday. Morgan Stanley upped their price objective on KKR & Co. Inc. from $107.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, October 10th. The Goldman Sachs Group upped their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods decreased their price objective on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Finally, HSBC lowered KKR & Co. Inc. from a “buy” rating to a “hold” rating and upped their price objective for the company from $153.00 to $173.00 in a report on Thursday, January 30th. One analyst has rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $160.50.

KKR & Co. Inc. Price Performance

Shares of KKR stock opened at $153.95 on Thursday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a twelve month low of $90.40 and a twelve month high of $170.40. The company has a market cap of $136.75 billion, a P/E ratio of 46.79, a P/E/G ratio of 0.96 and a beta of 1.67. The business has a fifty day simple moving average of $154.42 and a 200 day simple moving average of $139.03.

KKR & Co. Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s payout ratio is 21.28%.

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.