Y.D. More Investments Ltd Increases Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Y.D. More Investments Ltd increased its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 123.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 846 shares of the asset manager’s stock after purchasing an additional 468 shares during the quarter. Y.D. More Investments Ltd’s holdings in KKR & Co. Inc. were worth $125,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Hanson & Doremus Investment Management acquired a new position in shares of KKR & Co. Inc. during the 4th quarter valued at about $27,000. Crews Bank & Trust purchased a new stake in KKR & Co. Inc. in the fourth quarter valued at approximately $30,000. ORG Wealth Partners LLC acquired a new position in KKR & Co. Inc. during the third quarter worth approximately $31,000. Raleigh Capital Management Inc. raised its stake 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 purchasing an additional 85 shares during the period. Finally, Eastern Bank purchased a new position in KKR & Co. Inc. during the third quarter worth approximately $34,000. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Price Performance

KKR opened at $153.95 on Thursday. KKR & Co. Inc. has a twelve month low of $90.40 and a twelve month high of $170.40. The firm has a market cap of $136.75 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 0.96 and a beta of 1.67. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The company has a fifty day simple moving average of $154.42 and a 200 day simple moving average of $139.03.

KKR & Co. Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.45%. KKR & Co. Inc.’s dividend payout ratio is presently 21.28%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Citigroup boosted their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Hsbc Global Res lowered KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Oppenheimer raised their price objective on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Morgan Stanley boosted their target price on KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. Finally, StockNews.com upgraded shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, KKR & Co. Inc. currently has an average rating of “Moderate Buy” and a consensus price target of $160.50.

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.