3,969 Shares in KKR & Co. Inc. (NYSE:KKR) Purchased by Parcion Private Wealth LLC

Parcion Private Wealth LLC purchased a new stake in KKR & Co. Inc. (NYSE:KKR) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,969 shares of the asset manager’s stock, valued at approximately $518,000.

Several other large investors have also recently added to or reduced their stakes in KKR. Wealth Enhancement Advisory Services LLC grew its position in KKR & Co. Inc. by 352.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 143,610 shares of the asset manager’s stock worth $14,444,000 after acquiring an additional 111,881 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in shares of KKR & Co. Inc. in the first quarter valued at $212,000. First Bank & Trust raised its holdings in shares of KKR & Co. Inc. by 13.7% in the first quarter. First Bank & Trust now owns 6,432 shares of the asset manager’s stock valued at $647,000 after buying an additional 774 shares during the last quarter. O ROURKE & COMPANY Inc raised its holdings in shares of KKR & Co. Inc. by 2.4% in the first quarter. O ROURKE & COMPANY Inc now owns 44,647 shares of the asset manager’s stock valued at $4,491,000 after buying an additional 1,066 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in KKR & Co. Inc. by 227.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 14,380 shares of the asset manager’s stock worth $1,446,000 after buying an additional 9,982 shares in the last quarter. 76.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on the stock. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a research note on Friday. Wells Fargo & Company boosted their price target on shares of KKR & Co. Inc. from $139.00 to $152.00 and gave the stock an “equal weight” rating in a research note on Friday. TD Cowen upped their target price on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research report on Friday. Argus upgraded KKR & Co. Inc. to a “strong-buy” rating in a research report on Thursday, August 1st. Finally, Redburn Atlantic began coverage on KKR & Co. Inc. in a research note on Tuesday, August 27th. They set a “buy” rating and a $153.00 target price for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $151.29.

KKR & Co. Inc. Stock Down 2.4 %

KKR & Co. Inc. stock opened at $139.88 on Friday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.86. KKR & Co. Inc. has a 1-year low of $53.72 and a 1-year high of $147.15. The company has a fifty day simple moving average of $128.49 and a 200 day simple moving average of $114.00. The company has a market cap of $124.14 billion, a P/E ratio of 32.99, a price-to-earnings-growth ratio of 1.20 and a beta of 1.62.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, beating the consensus estimate of $1.03 by $0.35. The company had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.05% and a net margin of 17.99%. During the same quarter in the prior year, the firm posted $0.73 EPS. Research analysts anticipate that KKR & Co. Inc. will post 3.97 earnings per share for the current fiscal year.

KKR & Co. Inc. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend is Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 16.51%.

Insider Transactions at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $25.75, for a total value of $149,350,000.00. Following the completion of the sale, the insider now directly owns 25,260,971 shares in the company, valued at approximately $650,470,003.25. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, major shareholder Genetic Disorder L.P. Kkr sold 5,800,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $25.75, for a total transaction of $149,350,000.00. Following the transaction, the insider now directly owns 25,260,971 shares of the company’s stock, valued at approximately $650,470,003.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Kkr Group Partnership L.P. purchased 11,619,998 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was acquired at an average price of $11.13 per share, for a total transaction of $129,330,577.74. Following the purchase, the insider now owns 92,959,984 shares in the company, valued at $1,034,644,621.92. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 39.34% of the stock is owned by company insiders.

KKR & Co. Inc. Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.