Analysts Set KKR & Co. Inc. (NYSE:KKR) Target Price at $161.43

Shares of KKR & Co. Inc. (NYSE:KKR) have been assigned a consensus rating of “Moderate Buy” from the sixteen brokerages that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $161.43.

A number of analysts recently commented on KKR shares. Morgan Stanley decreased their price objective on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Oppenheimer upped their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. HSBC cut KKR & Co. Inc. from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $153.00 to $173.00 in a report on Thursday, January 30th. Citigroup upped their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, Barclays cut their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th.

KKR & Co. Inc. Price Performance

Shares of NYSE KKR opened at $139.35 on Friday. 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 $91.92 and a one year high of $170.40. The firm has a market capitalization of $123.77 billion, a P/E ratio of 41.85, a PEG ratio of 1.05 and a beta of 1.67. The company’s fifty day moving average is $153.30 and its two-hundred day moving average is $140.14.

KKR & Co. Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.175 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.50%. KKR & Co. Inc.’s payout ratio is currently 21.02%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in KKR. Mather Group LLC. lifted its position in KKR & Co. Inc. by 273.5% during the third quarter. Mather Group LLC. now owns 986 shares of the asset manager’s stock worth $129,000 after buying an additional 722 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of KKR & Co. Inc. by 6.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 7,519 shares of the asset manager’s stock worth $982,000 after acquiring an additional 427 shares during the last quarter. Atomi Financial Group Inc. grew its holdings in KKR & Co. Inc. by 28.3% in the third quarter. Atomi Financial Group Inc. now owns 4,582 shares of the asset manager’s stock valued at $598,000 after purchasing an additional 1,012 shares during the period. Wedmont Private Capital increased its position in KKR & Co. Inc. by 264.1% during the third quarter. Wedmont Private Capital now owns 10,909 shares of the asset manager’s stock worth $1,433,000 after purchasing an additional 7,913 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in KKR & Co. Inc. by 2,082.8% during the third quarter. UMB Bank n.a. now owns 53,194 shares of the asset manager’s stock worth $6,946,000 after purchasing an additional 50,757 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

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.