1,391 Shares in KKR & Co. Inc. (NYSE:KKR) Purchased by Bailard Inc.

Bailard Inc. acquired a new stake in KKR & Co. Inc. (NYSE:KKR) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,391 shares of the asset manager’s stock, valued at approximately $206,000.

Several other hedge funds have also recently modified their holdings of KKR. Hanson & Doremus Investment Management purchased a new stake in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $27,000. Crews Bank & Trust bought a new position in KKR & Co. Inc. in the 4th quarter valued at $30,000. Truvestments Capital LLC bought a new position in KKR & Co. Inc. in the 3rd quarter valued at $40,000. Bank of New Hampshire purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter valued at $45,000. Finally, Farmers & Merchants Investments Inc. raised its stake in shares of 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 purchasing an additional 65 shares during the period. Institutional investors own 76.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on KKR shares. Hsbc Global Res lowered shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft raised their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. The Goldman Sachs Group increased their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Morgan Stanley decreased their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. Finally, HSBC cut KKR & Co. Inc. from a “buy” rating to a “hold” rating and upped their price target for the company from $153.00 to $173.00 in a research report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Price Performance

KKR stock opened at $123.15 on Thursday. The firm has a 50 day moving average of $147.36 and a 200-day moving average of $142.07. The firm has a market capitalization of $109.38 billion, a P/E ratio of 36.98, a price-to-earnings-growth ratio of 1.00 and a beta of 1.72. KKR & Co. Inc. has a 12 month low of $91.92 and a 12 month high of $170.40. 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. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.175 per share. The ex-dividend date was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.57%. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.02%.

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.