KKR & Co. Inc. (NYSE:KKR) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. increased its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,184 shares of the asset manager’s stock after buying an additional 541 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in KKR & Co. Inc. were worth $2,838,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in KKR. Hanson & Doremus Investment Management purchased a new position in KKR & Co. Inc. in the 4th quarter valued at approximately $27,000. Crews Bank & Trust purchased a new stake in shares of KKR & Co. Inc. in the 4th quarter worth about $30,000. ORG Wealth Partners LLC purchased a new position in KKR & Co. Inc. during the 3rd quarter valued at about $31,000. Raleigh Capital Management Inc. raised its position in KKR & Co. Inc. by 56.7% during the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after acquiring an additional 85 shares during the last quarter. Finally, Eastern Bank purchased a new stake in shares of KKR & Co. Inc. in the third quarter valued at about $34,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Price Performance

Shares of NYSE KKR opened at $167.04 on Monday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a fifty-two week low of $85.19 and a fifty-two week high of $170.40. The business has a 50 day moving average price of $154.57 and a two-hundred day moving average price of $138.28. The firm has a market cap of $148.37 billion, a PE ratio of 50.77, a price-to-earnings-growth ratio of 0.95 and a beta of 1.66.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on KKR shares. Barclays upped their target price on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. Oppenheimer raised their price target 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. The Goldman Sachs Group upped their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. JMP Securities raised their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 29th. Finally, HSBC lowered KKR & Co. Inc. from a “buy” rating to a “hold” rating and upped their target price for the company from $153.00 to $173.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $160.86.

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.