Bartlett & CO. Wealth Management LLC Lowers Holdings in KKR & Co. Inc. (NYSE:KKR)

Bartlett & CO. Wealth Management LLC reduced its position in KKR & Co. Inc. (NYSE:KKR) by 16.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,200 shares of the asset manager’s stock after selling 800 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in KKR & Co. Inc. were worth $621,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of KKR. XML Financial LLC boosted its holdings in shares of KKR & Co. Inc. by 6.0% in the fourth quarter. XML Financial LLC now owns 4,007 shares of the asset manager’s stock valued at $593,000 after acquiring an additional 228 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in KKR & Co. Inc. by 2.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 69,154 shares of the asset manager’s stock valued at $10,229,000 after purchasing an additional 1,527 shares in the last quarter. Genesis Private Wealth LLC acquired a new position in KKR & Co. Inc. during the 4th quarter worth approximately $555,000. Simon Quick Advisors LLC raised its stake in shares of KKR & Co. Inc. by 14.7% during the 4th quarter. Simon Quick Advisors LLC now owns 2,817 shares of the asset manager’s stock worth $417,000 after buying an additional 360 shares in the last quarter. Finally, Perfromance Wealth Partners LLC lifted its holdings in shares of KKR & Co. Inc. by 9.9% in the 4th quarter. Perfromance Wealth Partners LLC now owns 256,301 shares of the asset manager’s stock valued at $37,910,000 after buying an additional 23,119 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $165.46 on Friday. 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 fifty-two week low of $83.37 and a fifty-two week high of $165.83. The business has a fifty day moving average of $153.16 and a 200-day moving average of $135.77. The stock has a market cap of $146.96 billion, a price-to-earnings ratio of 50.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.66.

KKR & Co. Inc. (NYSE:KKR) last announced its earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.35. The firm had revenue of $4.79 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.73 EPS. As a group, analysts predict that KKR & Co. Inc. will post 4.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on KKR shares. StockNews.com raised KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Citigroup upped their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Keefe, Bruyette & Woods reduced their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Oppenheimer upped 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 report on Thursday, December 12th. Finally, Barclays lifted their price target on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. One analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $159.07.

KKR & Co. Inc. Profile

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.