Xponance Inc. Has $16.48 Million Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Xponance Inc. lifted its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,394 shares of the asset manager’s stock after purchasing an additional 4,022 shares during the period. Xponance Inc.’s holdings in KKR & Co. Inc. were worth $16,476,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hanson & Doremus Investment Management acquired a new stake in shares of KKR & Co. Inc. during the fourth quarter worth $27,000. Crews Bank & Trust purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at $30,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at $36,000. HM Payson & Co. grew its holdings in shares of KKR & Co. Inc. by 6,800.0% during the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager’s stock valued at $41,000 after buying an additional 272 shares in the last quarter. Finally, Bank of New Hampshire purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at $45,000. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Price Performance

Shares of KKR stock opened at $115.76 on Tuesday. The stock has a 50 day moving average of $141.46 and a two-hundred day moving average of $141.78. 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 $91.92 and a 12 month high of $170.40. The company has a market capitalization of $102.82 billion, a P/E ratio of 34.76, a P/E/G ratio of 1.00 and a beta of 1.72.

KKR & Co. Inc. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.60%. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.02%.

Insider Buying and Selling

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total value of $197,760,000.00. Following the completion of the transaction, the insider now owns 19,260,971 shares in the company, valued at approximately $634,841,604.16. The trade was a 23.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 39.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on KKR. Barclays lowered their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company lowered their target price on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Keefe, Bruyette & Woods lowered their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Finally, Morgan Stanley lowered their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, KKR & Co. Inc. has an average rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Company 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.