Bradley Foster & Sargent Inc. CT Purchases 970 Shares of KKR & Co. Inc. (NYSE:KKR)

Bradley Foster & Sargent Inc. CT lifted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,792 shares of the asset manager’s stock after buying an additional 970 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in KKR & Co. Inc. were worth $2,484,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Hanson & Doremus Investment Management bought a new position in KKR & Co. Inc. during the 4th quarter worth about $27,000. Crews Bank & Trust purchased a new stake in shares of KKR & Co. Inc. in the 4th quarter worth approximately $30,000. Eastern Bank purchased a new stake in shares of KKR & Co. Inc. in the 3rd quarter worth approximately $34,000. Truvestments Capital LLC bought a new position in shares of KKR & Co. Inc. during the third quarter valued at approximately $40,000. Finally, Bank of New Hampshire purchased a new position in KKR & Co. Inc. during the fourth quarter valued at approximately $45,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

Shares of KKR stock opened at $132.17 on Friday. The business has a fifty day moving average of $150.98 and a 200 day moving average of $140.86. KKR & Co. Inc. has a 1 year low of $91.92 and a 1 year 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. The firm has a market capitalization of $117.40 billion, a price-to-earnings ratio of 39.69, a price-to-earnings-growth ratio of 1.03 and a beta of 1.67.

KKR & Co. Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.175 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.53%. KKR & Co. Inc.’s dividend payout ratio is currently 21.02%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. TD Cowen upped their target price on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Keefe, Bruyette & Woods reduced their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group raised their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Finally, Oppenheimer boosted their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. 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.com, KKR & Co. Inc. presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Company 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.