Bailard Inc. Takes $206,000 Position in KKR & Co. Inc. (NYSE:KKR)

Bailard Inc. acquired a new position in KKR & Co. Inc. (NYSE:KKR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,391 shares of the asset manager’s stock, valued at approximately $206,000.

Other institutional investors have also added to or reduced their stakes in the company. Hanson & Doremus Investment Management bought a new position in KKR & Co. Inc. during the 4th quarter worth approximately $27,000. Crews Bank & Trust bought a new position in KKR & Co. Inc. during the fourth quarter worth $30,000. Truvestments Capital LLC acquired a new position in KKR & Co. Inc. in the third quarter valued at $40,000. Bank of New Hampshire bought a new stake in KKR & Co. Inc. during the fourth quarter valued at $45,000. Finally, Farmers & Merchants Investments Inc. boosted its position in KKR & Co. Inc. by 17.8% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock valued at $64,000 after acquiring an additional 65 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Stock Performance

Shares of KKR opened at $123.15 on Thursday. The firm has a market capitalization of $109.38 billion, a P/E ratio of 36.98, a P/E/G ratio of 1.00 and a beta of 1.72. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The stock has a 50 day moving average price of $147.36 and a two-hundred day moving average price of $142.07. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07.

KKR & Co. Inc. Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KKR. Deutsche Bank Aktiengesellschaft boosted their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods cut their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. The Goldman Sachs Group lifted 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. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Finally, Barclays reduced their price target on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.