Calamos Wealth Management LLC Purchases 78 Shares of KKR & Co. Inc. (NYSE:KKR)

Calamos Wealth Management LLC raised its holdings in KKR & Co. Inc. (NYSE:KKR) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,918 shares of the asset manager’s stock after buying an additional 78 shares during the period. Calamos Wealth Management LLC’s holdings in KKR & Co. Inc. were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Hanson & Doremus Investment Management bought a new stake in KKR & Co. Inc. in the 4th quarter valued at about $27,000. Crews Bank & Trust purchased a new position in KKR & Co. Inc. during the fourth quarter valued at approximately $30,000. ORG Wealth Partners LLC bought a new stake in KKR & Co. Inc. during the 3rd quarter worth approximately $31,000. Raleigh Capital Management Inc. lifted its stake 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 worth $31,000 after purchasing an additional 85 shares in the last quarter. Finally, Eastern Bank bought a new position in KKR & Co. Inc. in the 3rd quarter valued at $34,000. Institutional investors own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on KKR shares. Evercore ISI increased their price objective on KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. HSBC cut shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and raised their price objective for the company from $153.00 to $173.00 in a research report on Thursday, January 30th. Wells Fargo & Company reduced their target price on KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. The Goldman Sachs Group upped their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, TD Cowen raised their price objective on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $160.86.

KKR & Co. Inc. Trading Down 8.2 %

KKR & Co. Inc. stock opened at $149.79 on Wednesday. The business’s fifty day moving average is $154.65 and its 200 day moving average is $138.79. 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 stock has a market capitalization of $133.05 billion, a PE ratio of 45.53, a price-to-earnings-growth ratio of 0.96 and a beta of 1.67. KKR & Co. Inc. has a one year low of $87.28 and a one year high of $170.40.

KKR & Co. Inc. 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.