KKR & Co. Inc. (NYSE:KKR) Receives $158.21 Consensus Target Price from Analysts

Shares of KKR & Co. Inc. (NYSE:KKR) have received a consensus rating of “Buy” from the sixteen analysts that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $160.07.

A number of research firms have weighed in on KKR. Keefe, Bruyette & Woods increased their price objective on KKR & Co. Inc. from $163.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday, December 20th. Barclays increased their price target on KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. TD Cowen boosted their price objective on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Evercore ISI raised their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th.

KKR & Co. Inc. Stock Performance

Shares of KKR opened at $152.52 on Friday. The company’s 50 day simple moving average is $150.36 and its 200-day simple moving average is $129.79. The firm has a market cap of $135.47 billion, a PE ratio of 46.36, a price-to-earnings-growth ratio of 1.22 and a beta of 1.63. KKR & Co. Inc. has a 12-month low of $78.95 and a 12-month high of $163.68. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. (NYSE:KKR) last issued its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the firm posted $0.73 EPS. As a group, equities analysts predict that KKR & Co. Inc. will post 4.16 EPS for the current year.

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Monday, November 4th were given a dividend of $0.175 per share. The ex-dividend date was Monday, November 4th. This represents a $0.70 annualized dividend and a dividend yield of 0.46%. KKR & Co. Inc.’s dividend payout ratio is currently 21.28%.

Institutional Investors Weigh In On KKR & Co. Inc.

Large investors have recently bought and sold shares of the stock. &PARTNERS grew its holdings in shares of KKR & Co. Inc. by 179.8% during the second quarter. &PARTNERS now owns 7,576 shares of the asset manager’s stock worth $797,000 after buying an additional 4,868 shares in the last quarter. Premier Path Wealth Partners LLC raised its holdings in KKR & Co. Inc. by 2.4% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 4,231 shares of the asset manager’s stock valued at $445,000 after acquiring an additional 99 shares during the last quarter. Retirement Systems of Alabama purchased a new position in shares of KKR & Co. Inc. during the 2nd quarter worth $15,451,000. Aries Wealth Management boosted its holdings in shares of KKR & Co. Inc. by 5.8% during the second quarter. Aries Wealth Management now owns 9,484 shares of the asset manager’s stock worth $998,000 after purchasing an additional 524 shares during the last quarter. Finally, Calamos Advisors LLC grew its position in shares of KKR & Co. Inc. by 0.7% in the second quarter. Calamos Advisors LLC now owns 125,665 shares of the asset manager’s stock valued at $13,225,000 after purchasing an additional 927 shares during the period. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Company Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.