MassMutual Private Wealth & Trust FSB Acquires 199 Shares of KKR & Co. Inc. (NYSE:KKR)

MassMutual Private Wealth & Trust FSB lifted its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 21.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,110 shares of the asset manager’s stock after purchasing an additional 199 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in KKR & Co. Inc. were worth $164,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. ORG Wealth Partners LLC bought a new stake in shares of KKR & Co. Inc. during the third quarter worth $31,000. Raleigh Capital Management Inc. grew its holdings in shares of KKR & Co. Inc. by 56.7% during the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after purchasing an additional 85 shares during the last quarter. Eastern Bank bought a new stake in shares of KKR & Co. Inc. during the third quarter worth $34,000. Truvestments Capital LLC bought a new stake in shares of KKR & Co. Inc. during the third quarter worth $40,000. Finally, Bank of New Hampshire bought a new position in KKR & Co. Inc. in the fourth quarter valued at about $45,000. Institutional investors own 76.26% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KKR shares. Keefe, Bruyette & Woods decreased their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Wells Fargo & Company decreased their price target on KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Barclays raised their price target on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Morgan Stanley raised their price target on KKR & Co. Inc. from $107.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, October 10th. Finally, StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $159.07.

KKR & Co. Inc. Trading Up 0.5 %

NYSE KKR opened at $161.58 on Thursday. The firm has a market cap of $143.52 billion, a P/E ratio of 49.11, a P/E/G ratio of 0.90 and a beta of 1.66. 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’s 50-day moving average is $152.68 and its 200-day moving average is $135.38. KKR & Co. Inc. has a one year low of $83.01 and a one year high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. The company had revenue of $4.79 billion for the quarter, compared to analyst estimates of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same quarter last year, the firm posted $0.73 earnings per share. Sell-side analysts anticipate that KKR & Co. Inc. will post 4.13 earnings per share for the current fiscal year.

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.