657 Shares in KKR & Co. Inc. (NYSE:KKR) Bought by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich bought a new position in KKR & Co. Inc. (NYSE:KKR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 657 shares of the asset manager’s stock, valued at approximately $107,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KKR. AMG National Trust Bank raised its stake in KKR & Co. Inc. by 5.1% during the fourth quarter. AMG National Trust Bank now owns 2,185 shares of the asset manager’s stock worth $323,000 after acquiring an additional 106 shares in the last quarter. Edgestream Partners L.P. acquired a new position in KKR & Co. Inc. during the fourth quarter worth $4,038,000. West Family Investments Inc. acquired a new position in KKR & Co. Inc. during the fourth quarter worth $206,000. Ashton Thomas Private Wealth LLC raised its stake in KKR & Co. Inc. by 20.3% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 2,220 shares of the asset manager’s stock worth $328,000 after acquiring an additional 375 shares in the last quarter. Finally, Callan Family Office LLC acquired a new position in KKR & Co. Inc. during the fourth quarter worth $295,000. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Price Performance

Shares of KKR stock opened at $112.28 on Wednesday. The stock has a 50-day moving average price of $144.42 and a 200 day moving average price of $142.03. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm has a market cap of $99.73 billion, a price-to-earnings ratio of 33.72, a PEG 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.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.175 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.62%. KKR & Co. Inc.’s payout ratio is 21.02%.

Insider Buying and Selling

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the transaction, the insider now owns 19,260,971 shares in the company, valued at approximately $634,841,604.16. This trade represents a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 39.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wells Fargo & Company dropped their price objective on 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. Barclays dropped their price objective on 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. HSBC lowered KKR & Co. Inc. from a “buy” rating to a “hold” rating and raised their target price for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Morgan Stanley lowered 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 note on Thursday, February 6th. Finally, Keefe, Bruyette & Woods lowered their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. One equities research 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $161.43.

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.