1,676 Shares in KKR & Co. Inc. (NYSE:KKR) Purchased by FourThought Financial Partners LLC

FourThought Financial Partners LLC acquired a new position in shares of KKR & Co. Inc. (NYSE:KKR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,676 shares of the asset manager’s stock, valued at approximately $248,000.

A number of other hedge funds also recently bought and sold shares of the company. Hanson & Doremus Investment Management purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. during the fourth quarter valued at $30,000. Bank of New Hampshire purchased a new stake in KKR & Co. Inc. in the 4th quarter worth about $45,000. Truvestments Capital LLC purchased a new stake in KKR & Co. Inc. in the 3rd quarter worth about $40,000. Finally, Farmers & Merchants Investments Inc. boosted its position in KKR & Co. Inc. by 17.8% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock worth $64,000 after acquiring an additional 65 shares during the period. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR opened at $132.55 on Thursday. The stock has a market capitalization of $117.73 billion, a P/E ratio of 39.80, a P/E/G ratio of 1.00 and a beta of 1.67. The business has a 50-day moving average of $149.40 and a two-hundred day moving average of $141.67. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week 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 business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.175 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.53%. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.02%.

Analyst Ratings Changes

KKR has been the topic of a number of research reports. Barclays dropped their target price on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. The Goldman Sachs Group upped their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and lifted their target price for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Wells Fargo & Company dropped their price target on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Finally, Morgan Stanley cut their price objective on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $161.43.

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.