KKR & Co. Inc. (NYSE:KKR) is SOL Capital Management CO’s 7th Largest Position

SOL Capital Management CO decreased its holdings in KKR & Co. Inc. (NYSE:KKR) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 129,003 shares of the asset manager’s stock after selling 1,774 shares during the quarter. KKR & Co. Inc. makes up about 2.1% of SOL Capital Management CO’s holdings, making the stock its 7th biggest holding. SOL Capital Management CO’s holdings in KKR & Co. Inc. were worth $19,081,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp boosted its holdings in shares of KKR & Co. Inc. by 1.8% in the third quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock valued at $3,486,977,000 after purchasing an additional 481,686 shares during the period. Wellington Management Group LLP raised its position in KKR & Co. Inc. by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 23,432,827 shares of the asset manager’s stock valued at $3,059,859,000 after purchasing an additional 60,147 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in KKR & Co. Inc. by 0.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 16,808,390 shares of the asset manager’s stock valued at $2,194,840,000 after purchasing an additional 124,257 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of KKR & Co. Inc. by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager’s stock worth $1,768,788,000 after buying an additional 355,837 shares during the period. Finally, FMR LLC grew its position in shares of KKR & Co. Inc. by 1.5% during the 3rd quarter. FMR LLC now owns 11,251,333 shares of the asset manager’s stock worth $1,469,199,000 after buying an additional 165,631 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on KKR. Oppenheimer lifted their price objective on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Barclays boosted their price target on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Evercore ISI increased their price objective on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a research note on Friday, October 25th. Finally, TD Cowen upped their target price on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and two have 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 $160.86.

KKR & Co. Inc. Trading Up 0.4 %

KKR & Co. Inc. stock opened at $167.00 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The stock has a market cap of $148.34 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 0.95 and a beta of 1.66. The stock has a 50-day moving average of $154.22 and a two-hundred day moving average of $137.56. KKR & Co. Inc. has a one year low of $85.19 and a one year high of $170.16.

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.