KKR & Co. Inc. (NYSE:KKR) Shares Sold by United Asset Strategies Inc.

United Asset Strategies Inc. reduced its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,367 shares of the asset manager’s stock after selling 712 shares during the quarter. United Asset Strategies Inc.’s holdings in KKR & Co. Inc. were worth $2,421,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of KKR. AdvisorNet Financial Inc grew its holdings in KKR & Co. Inc. by 417.8% in the fourth quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock valued at $322,000 after purchasing an additional 1,759 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of KKR & Co. Inc. by 8.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock valued at $7,559,000 after purchasing an additional 4,719 shares in the last quarter. Whalen Wealth Management Inc. acquired a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at approximately $667,000. Caldwell Investment Management Ltd. increased its stake in shares of KKR & Co. Inc. by 2.9% during the 4th quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock worth $31,477,000 after purchasing an additional 5,900 shares in the last quarter. Finally, OneDigital Investment Advisors LLC increased its stake in shares of KKR & Co. Inc. by 42.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock worth $1,976,000 after purchasing an additional 4,481 shares in the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on KKR. The Goldman Sachs Group upped their target price on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft upped 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. Citigroup lifted their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Evercore ISI boosted their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Finally, JMP Securities raised their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research note on Tuesday, October 29th. One analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $159.07.

KKR & Co. Inc. Stock Performance

Shares of KKR stock opened at $165.46 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a market capitalization of $146.96 billion, a price-to-earnings ratio of 50.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.66. KKR & Co. Inc. has a one year low of $83.37 and a one year high of $165.83. The company has a 50 day moving average price of $153.47 and a 200 day moving average price of $136.40.

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

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.