Mirae Asset Global Investments Co. Ltd. Has $11.30 Million Position in KKR & Co. Inc. (NYSE:KKR)

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 48.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 75,606 shares of the asset manager’s stock after buying an additional 24,607 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in KKR & Co. Inc. were worth $11,297,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Hanson & Doremus Investment Management bought a new stake in shares of KKR & Co. Inc. in the 4th quarter valued at $27,000. Crews Bank & Trust bought a new stake in KKR & Co. Inc. in the fourth quarter worth approximately $30,000. ORG Wealth Partners LLC bought a new stake in KKR & Co. Inc. in the third quarter worth approximately $31,000. Raleigh Capital Management Inc. lifted its stake in KKR & Co. Inc. by 56.7% in the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after buying an additional 85 shares during the period. Finally, Eastern Bank bought a new position in shares of KKR & Co. Inc. during the 3rd quarter worth approximately $34,000. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR opened at $151.51 on Friday. The company has a market capitalization of $134.57 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 0.96 and a beta of 1.67. The company’s 50-day moving average is $154.30 and its 200 day moving average is $139.14. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week high of $170.40.

KKR & Co. Inc. Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s payout ratio is 21.02%.

Analyst Ratings Changes

KKR has been the subject of several research analyst reports. JMP Securities boosted their target price on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 29th. Evercore ISI raised their price objective on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Citigroup upped their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods cut their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $161.43.

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.