Meeder Advisory Services Inc. Has $1.20 Million Position in KKR & Co. Inc. (NYSE:KKR)

Meeder Advisory Services Inc. boosted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 3.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,135 shares of the asset manager’s stock after buying an additional 278 shares during the quarter. Meeder Advisory Services Inc.’s holdings in KKR & Co. Inc. were worth $1,203,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of KKR. AdvisorNet Financial Inc lifted its stake in shares of KKR & Co. Inc. by 417.8% during the fourth 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 period. Whalen Wealth Management Inc. acquired a new position in KKR & Co. Inc. during the 4th quarter valued at about $667,000. Caldwell Investment Management Ltd. boosted its stake in shares of KKR & Co. Inc. by 2.9% in the 4th quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock valued at $31,477,000 after purchasing an additional 5,900 shares during the last quarter. Jupiter Asset Management Ltd. grew its position in shares of KKR & Co. Inc. by 50.9% during the 4th quarter. Jupiter Asset Management Ltd. now owns 114,184 shares of the asset manager’s stock worth $16,889,000 after buying an additional 38,524 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of KKR & Co. Inc. by 31.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 92,741 shares of the asset manager’s stock worth $12,110,000 after buying an additional 22,007 shares during the period. 76.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KKR has been the topic of a number of recent research reports. Morgan Stanley reduced their price objective on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Keefe, Bruyette & Woods reduced their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Barclays dropped their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. HSBC cut KKR & Co. Inc. from a “buy” rating to a “hold” rating and raised their target price for the stock from $153.00 to $173.00 in a report on Thursday, January 30th. Finally, Oppenheimer increased 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 report on Thursday, December 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $160.79.

KKR & Co. Inc. Stock Performance

KKR opened at $120.99 on Thursday. The company has a market capitalization of $107.47 billion, a price-to-earnings ratio of 36.33, a P/E/G ratio of 1.00 and a beta of 1.77. The business’s 50-day moving average price is $133.56 and its two-hundred day moving average price is $141.47. KKR & Co. Inc. has a 1 year low of $91.92 and a 1 year high of $170.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07.

KKR & Co. Inc. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is presently 21.02%.

Insider Buying and Selling at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total value of $197,760,000.00. Following the sale, the insider now directly owns 19,260,971 shares in the company, valued at approximately $634,841,604.16. The trade was a 23.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 39.34% of the company’s stock.

KKR & Co. Inc. Company 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.