KKR & Co. Inc. (NYSE:KKR) Shares Sold by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton decreased its position in shares of KKR & Co. Inc. (NYSE:KKR) by 21.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,172 shares of the asset manager’s stock after selling 313 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in KKR & Co. Inc. were worth $173,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Raleigh Capital Management Inc. boosted its holdings in KKR & Co. Inc. by 56.7% in the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after purchasing an additional 85 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of KKR & Co. Inc. during the 3rd quarter valued at approximately $31,000. Eastern Bank acquired a new position in KKR & Co. Inc. in the third quarter valued at approximately $34,000. Bank of New Hampshire purchased a new position in KKR & Co. Inc. in the fourth quarter worth approximately $45,000. Finally, Truvestments Capital LLC acquired a new stake in KKR & Co. Inc. during the third quarter worth $40,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on KKR shares. TD Cowen increased their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft increased their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Oppenheimer boosted their price target on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Barclays increased their price objective on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Finally, Wells Fargo & Company boosted their target price on KKR & Co. Inc. from $152.00 to $163.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $159.93.

KKR & Co. Inc. Price Performance

Shares of NYSE KKR opened at $141.37 on Tuesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The company has a market cap of $125.57 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 1.22 and a beta of 1.66. The stock’s 50-day moving average is $152.28 and its two-hundred day moving average is $133.34. KKR & Co. Inc. has a 1-year low of $80.20 and a 1-year high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last released its earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. The firm had revenue of $4.79 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the firm earned $0.73 earnings per share. Analysts forecast that KKR & Co. Inc. will post 4.16 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were given a dividend of $0.175 per share. The ex-dividend date was Monday, November 4th. This represents a $0.70 annualized dividend and a dividend yield of 0.50%. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.28%.

KKR & Co. Inc. Company 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.