Northside Capital Management LLC Has $353,000 Stake in KKR & Co. Inc. (NYSE:KKR)

Northside Capital Management LLC lessened its position in KKR & Co. Inc. (NYSE:KKR) by 17.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,388 shares of the asset manager’s stock after selling 515 shares during the quarter. Northside Capital Management LLC’s holdings in KKR & Co. Inc. were worth $353,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. American Century Companies Inc. lifted its holdings in KKR & Co. Inc. by 2.4% during the 2nd quarter. American Century Companies Inc. now owns 105,080 shares of the asset manager’s stock worth $11,059,000 after buying an additional 2,440 shares during the period. Oppenheimer Asset Management Inc. bought a new position in shares of KKR & Co. Inc. during the second quarter worth about $1,183,000. Dimensional Fund Advisors LP lifted its stake in shares of KKR & Co. Inc. by 30.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,553,317 shares of the asset manager’s stock worth $163,487,000 after acquiring an additional 364,141 shares during the period. One Capital Management LLC bought a new stake in KKR & Co. Inc. in the second quarter valued at approximately $715,000. Finally, Virtu Financial LLC boosted its holdings in KKR & Co. Inc. by 115.9% in the second quarter. Virtu Financial LLC now owns 18,567 shares of the asset manager’s stock valued at $1,954,000 after acquiring an additional 9,969 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

KKR has been the topic of a number of recent analyst reports. Evercore ISI boosted their price target on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Hsbc Global Res raised shares of KKR & Co. Inc. to a “strong-buy” rating in a research note on Wednesday, September 18th. Citigroup upped their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods lowered their price objective on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research report on Monday. Finally, The Goldman Sachs Group boosted their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, KKR & Co. Inc. has an average rating of “Moderate Buy” and an average target price of $159.07.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $150.50 on Thursday. The company has a market cap of $133.68 billion, a P/E ratio of 45.74, a PEG ratio of 0.84 and a beta of 1.66. The company has a fifty day simple moving average of $152.33 and a 200 day simple moving average of $133.73. 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. has a 12-month low of $80.20 and a 12-month high of $163.68.

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, beating analysts’ consensus estimates of $1.03 by $0.35. The firm had revenue of $4.79 billion during the quarter, compared to analysts’ expectations of $1.23 billion. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. During the same period last year, the company earned $0.73 earnings per share. Sell-side analysts predict that KKR & Co. Inc. will post 4.13 earnings per share for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.47%. The ex-dividend date of this dividend was Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.28%.

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.