SOL Capital Management CO Has $19.08 Million Holdings in KKR & Co. Inc. (NYSE:KKR)

SOL Capital Management CO lessened its holdings in KKR & Co. Inc. (NYSE:KKR) by 1.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 129,003 shares of the asset manager’s stock after selling 1,774 shares during the period. KKR & Co. Inc. comprises approximately 2.1% of SOL Capital Management CO’s holdings, making the stock its 7th biggest position. SOL Capital Management CO’s holdings in KKR & Co. Inc. were worth $19,081,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ballentine Partners LLC raised its stake in shares of KKR & Co. Inc. by 1.2% in the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock worth $846,000 after buying an additional 70 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in KKR & Co. Inc. by 0.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager’s stock worth $1,623,000 after acquiring an additional 73 shares in the last quarter. Dudley Capital Management LLC raised its stake in KKR & Co. Inc. by 2.7% during the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock worth $404,000 after acquiring an additional 80 shares during the period. FWG Holdings LLC lifted its holdings in KKR & Co. Inc. by 1.6% during the third quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock valued at $717,000 after purchasing an additional 80 shares in the last quarter. Finally, Sigma Planning Corp boosted its position in shares of KKR & Co. Inc. by 1.3% in the third quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock worth $847,000 after purchasing an additional 81 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

KKR & Co. Inc. stock opened at $167.00 on Friday. KKR & Co. Inc. has a 52-week low of $85.19 and a 52-week high of $170.16. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average is $154.22 and its 200 day moving average is $137.56. The company has a market cap of $148.34 billion, a price-to-earnings ratio of 50.76, a PEG ratio of 0.95 and a beta of 1.66.

Analyst Ratings Changes

Several brokerages have recently commented on KKR. Citigroup raised their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. TD Cowen boosted their price objective on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Evercore ISI upped their price objective on KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft increased their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, JMP Securities boosted their price target on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $160.86.

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.