ORG Partners LLC Has $280,000 Stock Position in KKR & Co. Inc. (NYSE:KKR)

ORG Partners LLC lowered its position in shares of KKR & Co. Inc. (NYSE:KKR) by 10.8% during the fourth quarter, Holdings Channel reports. The fund owned 1,891 shares of the asset manager’s stock after selling 230 shares during the quarter. ORG Partners LLC’s holdings in KKR & Co. Inc. were worth $280,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. ORG Wealth Partners LLC purchased a new position in KKR & Co. Inc. during the 3rd quarter worth approximately $31,000. Raleigh Capital Management Inc. grew its holdings in shares of KKR & Co. Inc. by 56.7% during the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after acquiring an additional 85 shares in the last quarter. Eastern Bank acquired a new position in shares of KKR & Co. Inc. in the third quarter worth $34,000. Y.D. More Investments Ltd purchased a new stake in shares of KKR & Co. Inc. during the second quarter worth $38,000. Finally, Truvestments Capital LLC acquired a new stake in KKR & Co. Inc. during the third quarter valued at $40,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group lifted their price target on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Wells Fargo & Company lifted their target price on shares of KKR & Co. Inc. from $152.00 to $163.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Barclays increased their price target on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Finally, TD Cowen increased their target price on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, KKR & Co. Inc. has an average rating of “Moderate Buy” and a consensus target price of $160.07.

KKR & Co. Inc. Trading Down 4.9 %

Shares of KKR & Co. Inc. stock opened at $140.97 on Friday. The company has a market cap of $125.21 billion, a price-to-earnings ratio of 42.85, a PEG ratio of 1.22 and a beta of 1.66. KKR & Co. Inc. has a 1 year low of $80.20 and a 1 year high of $163.68. The company’s fifty day simple moving average is $152.19 and its 200-day simple moving average is $132.73. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. (NYSE:KKR) last posted its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. As a group, sell-side analysts expect that KKR & Co. Inc. will post 4.16 EPS for the current year.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Monday, November 4th were given a $0.175 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.50%. KKR & Co. Inc.’s dividend payout ratio is currently 21.28%.

KKR & Co. Inc. Company Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.