KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC increased its stake in KKR & Co. Inc. (NYSE:KKR) by 78.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 13,343 shares of the asset manager’s stock after acquiring an additional 5,869 shares during the quarter. Apollon Wealth Management LLC’s holdings in KKR & Co. Inc. were worth $1,974,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in KKR. AdvisorNet Financial Inc increased its stake in shares of KKR & Co. Inc. by 417.8% during the fourth 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 in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in KKR & Co. Inc. by 8.9% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock worth $7,559,000 after buying an additional 4,719 shares during the last quarter. Whalen Wealth Management Inc. purchased a new stake in KKR & Co. Inc. during the 4th quarter worth approximately $667,000. Caldwell Investment Management Ltd. raised its holdings in shares of KKR & Co. Inc. by 2.9% during the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock valued at $31,477,000 after acquiring an additional 5,900 shares during the last quarter. Finally, OneDigital Investment Advisors LLC lifted its position in shares of KKR & Co. Inc. by 42.1% in the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock valued at $1,976,000 after acquiring an additional 4,481 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on KKR. Keefe, Bruyette & Woods dropped their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Evercore ISI upped their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Morgan Stanley decreased their price target on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Thursday. JMP Securities upped their price objective on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 29th. Finally, Oppenheimer raised their target price 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $161.43.

KKR & Co. Inc. Stock Performance

Shares of KKR & Co. Inc. stock opened at $148.65 on Monday. The firm has a market cap of $132.03 billion, a PE ratio of 44.64, a price-to-earnings-growth ratio of 1.05 and a beta of 1.67. 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 52 week low of $91.92 and a 52 week high of $170.40. The business’s fifty day simple moving average is $153.85 and its 200-day simple moving average is $139.59.

KKR & Co. Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 0.47%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.02%.

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.