KKR & Co. Inc. (NYSE:KKR) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC lowered its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 48.0% during the 4th quarter, Holdings Channel reports. The fund owned 66,086 shares of the asset manager’s stock after selling 61,086 shares during the period. Calamos Advisors LLC’s holdings in KKR & Co. Inc. were worth $9,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Assenagon Asset Management S.A. increased its stake in KKR & Co. Inc. by 3,757.3% during the third quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager’s stock valued at $72,199,000 after acquiring an additional 538,573 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of KKR & Co. Inc. by 1,181.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager’s stock worth $71,038,000 after purchasing an additional 501,579 shares in the last quarter. State Street Corp raised its stake in shares of KKR & Co. Inc. by 1.8% in the third quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock valued at $3,486,977,000 after acquiring an additional 481,686 shares during the last quarter. Geode Capital Management LLC raised its position in KKR & Co. Inc. by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager’s stock valued at $1,768,788,000 after purchasing an additional 355,837 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in KKR & Co. Inc. by 11,197.2% during the 3rd quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock worth $44,787,000 after buying an additional 339,946 shares in the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Down 8.2 %

KKR opened at $149.79 on Wednesday. KKR & Co. Inc. has a 12 month low of $87.28 and a 12 month high of $170.40. The company has a 50 day moving average of $154.65 and a 200 day moving average of $138.79. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The company has a market cap 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.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KKR shares. TD Cowen raised their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft boosted their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Wells Fargo & Company decreased their price objective on KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. The Goldman Sachs Group upped their target price 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, Evercore ISI upped their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a report on Monday, October 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, KKR & Co. Inc. currently has an average rating of “Moderate Buy” and an average target price of $160.86.

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.