KKR & Co. Inc. (NYSE:KKR) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. lowered its position in shares of KKR & Co. Inc. (NYSE:KKR) by 3.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,091 shares of the asset manager’s stock after selling 82 shares during the quarter. First Horizon Advisors Inc.’s holdings in KKR & Co. Inc. were worth $309,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. AdvisorNet Financial Inc increased its holdings in shares of KKR & Co. Inc. by 417.8% in the 4th 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 during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake 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 valued at $7,559,000 after purchasing an additional 4,719 shares during the last quarter. Whalen Wealth Management Inc. acquired a new stake in shares of KKR & Co. Inc. during the fourth quarter worth $667,000. Caldwell Investment Management Ltd. raised its holdings in shares of 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 purchasing an additional 5,900 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its position in shares of KKR & Co. Inc. by 42.1% in the 3rd 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 last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on KKR shares. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research report on Monday, November 11th. The Goldman Sachs Group upped their target price on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Wells Fargo & Company cut their price target on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 5th. JMP Securities boosted their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 29th. Finally, Oppenheimer increased their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Stock Down 1.2 %

KKR & Co. Inc. stock opened at $129.57 on Wednesday. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The stock has a market cap of $115.09 billion, a price-to-earnings ratio of 38.91, a PEG ratio of 1.00 and a beta of 1.67. The company’s 50-day moving average price is $149.61 and its two-hundred day moving average price is $141.73. 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. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.54%. KKR & Co. Inc.’s payout ratio is 21.02%.

About KKR & Co. Inc.

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.