KKR & Co. Inc. (NYSE:KKR) Reaches New 12-Month High – Still a Buy?

KKR & Co. Inc. (NYSE:KKRGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $167.50 and last traded at $167.11, with a volume of 3923147 shares. The stock had previously closed at $161.20.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on KKR shares. StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Wells Fargo & Company cut their target price on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. TD Cowen lifted their target price on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Keefe, Bruyette & Woods cut their price objective on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Finally, Citigroup boosted their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $159.07.

Check Out Our Latest Research Report on KKR & Co. Inc.

KKR & Co. Inc. Stock Performance

The company has a market cap of $148.43 billion, a price-to-earnings ratio of 50.79, a P/E/G ratio of 0.93 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 firm has a fifty day simple moving average of $153.64 and a 200 day simple moving average of $136.96.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Farmers & Merchants Investments Inc. raised its holdings in shares of KKR & Co. Inc. by 17.8% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock worth $64,000 after buying an additional 65 shares in the last quarter. Ballentine Partners LLC grew its position in KKR & Co. Inc. by 1.2% in the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock valued at $846,000 after acquiring an additional 70 shares during the period. Wealthcare Advisory Partners LLC raised its stake in KKR & Co. Inc. by 0.7% during the fourth 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. Calamos Wealth Management LLC lifted its holdings in shares of KKR & Co. Inc. by 2.0% during the fourth quarter. Calamos Wealth Management LLC now owns 3,918 shares of the asset manager’s stock valued at $580,000 after acquiring an additional 78 shares during the period. Finally, Mather Group LLC. boosted its stake in shares of KKR & Co. Inc. by 7.9% in the 4th quarter. Mather Group LLC. now owns 1,064 shares of the asset manager’s stock valued at $157,000 after purchasing an additional 78 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

About KKR & Co. Inc.

(Get Free Report)

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.

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