Hantz Financial Services Inc. reduced its stake in KKR & Co. Inc. (NYSE:KKR – Free Report) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,582 shares of the asset manager’s stock after selling 65 shares during the period. Hantz Financial Services Inc.’s holdings in KKR & Co. Inc. were worth $382,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc boosted its stake in KKR & Co. Inc. by 417.8% in the 4th quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock worth $322,000 after purchasing an additional 1,759 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in KKR & Co. Inc. by 8.9% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock valued at $7,559,000 after acquiring an additional 4,719 shares in the last quarter. Whalen Wealth Management Inc. bought a new stake in KKR & Co. Inc. during the 4th quarter worth approximately $667,000. Caldwell Investment Management Ltd. lifted its stake in KKR & Co. Inc. by 2.9% in the 4th quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock worth $31,477,000 after purchasing an additional 5,900 shares in the last quarter. Finally, OneDigital Investment Advisors LLC boosted its holdings in KKR & Co. Inc. by 42.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock valued at $1,976,000 after purchasing an additional 4,481 shares during the period. 76.26% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. TD Cowen raised their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Oppenheimer raised their target price on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Morgan Stanley boosted their price target on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 10th. 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 given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $160.86.
KKR & Co. Inc. Price Performance
Shares of KKR & Co. Inc. stock opened at $167.04 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. KKR & Co. Inc. has a one year low of $85.19 and a one year high of $170.40. The business’s 50 day simple moving average is $154.57 and its two-hundred day simple moving average is $138.28. The stock has a market capitalization of $148.37 billion, a P/E ratio of 50.77, a price-to-earnings-growth ratio of 0.95 and a beta of 1.66.
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.
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