Amalgamated Bank Sells 3,190 Shares of KKR & Co. Inc. (NYSE:KKR)

Amalgamated Bank trimmed its position in shares of KKR & Co. Inc. (NYSE:KKR) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 131,968 shares of the asset manager’s stock after selling 3,190 shares during the quarter. Amalgamated Bank’s holdings in KKR & Co. Inc. were worth $19,519,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. FourThought Financial Partners LLC bought a new stake in KKR & Co. Inc. during the 4th quarter valued at approximately $248,000. Sentry Investment Management LLC bought a new stake in KKR & Co. Inc. during the 4th quarter valued at approximately $298,000. BankPlus Trust Department bought a new stake in shares of KKR & Co. Inc. in the 4th quarter worth approximately $65,000. Edge Capital Group LLC raised its holdings in KKR & Co. Inc. by 3.9% in the 4th quarter. Edge Capital Group LLC now owns 2,058 shares of the asset manager’s stock worth $304,000 after acquiring an additional 78 shares during the last quarter. Finally, Colonial River Investments LLC purchased a new position in KKR & Co. Inc. in the 4th quarter worth approximately $609,000. 76.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on KKR shares. Keefe, Bruyette & Woods decreased their price objective 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. Barclays decreased their target price on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Wells Fargo & Company decreased their target price on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 5th. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and boosted their target price for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Finally, Hsbc Global Res lowered shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and a consensus price target of $161.43.

KKR & Co. Inc. Trading Down 0.8 %

NYSE:KKR opened at $131.13 on Tuesday. 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 $116.47 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 1.00 and a beta of 1.67. KKR & Co. Inc. has a one year low of $91.92 and a one year high of $170.40. The business has a fifty day moving average price of $150.54 and a 200-day moving average price of $141.49.

KKR & Co. Inc. Announces Dividend

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 issued a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is currently 21.02%.

About KKR & Co. Inc.

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.