KKR & Co. Inc. (NYSE:KKR) Given New $170.00 Price Target at Keefe, Bruyette & Woods

KKR & Co. Inc. (NYSE:KKR) had its price objective hoisted by stock analysts at Keefe, Bruyette & Woods from $163.00 to $170.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the asset manager’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 19.09% from the stock’s previous close.

Several other research firms have also recently weighed in on KKR. StockNews.com upgraded shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Oppenheimer boosted their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. TD Cowen raised their price objective on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft increased their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group raised their price target on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, two have issued 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $160.07.

KKR & Co. Inc. Stock Down 0.5 %

Shares of KKR & Co. Inc. stock opened at $142.75 on Friday. The stock has a market capitalization of $126.79 billion, a price-to-earnings ratio of 43.39, a P/E/G ratio of 1.25 and a beta of 1.63. 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 company’s 50 day moving average price is $148.90 and its 200-day moving average price is $128.06. KKR & Co. Inc. has a 52-week low of $78.95 and a 52-week high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings results 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. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business earned $0.73 EPS. Equities research analysts forecast that KKR & Co. Inc. will post 4.16 EPS for the current year.

Institutional Trading of KKR & Co. Inc.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Dudley Capital Management LLC boosted its holdings in KKR & Co. Inc. by 2.7% in the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock worth $404,000 after buying an additional 80 shares during the period. FWG Holdings LLC raised its position in shares of KKR & Co. Inc. by 1.6% during the third quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock valued at $717,000 after buying an additional 80 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of KKR & Co. Inc. by 1.3% in the third quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock worth $847,000 after buying an additional 81 shares in the last quarter. Connable Office Inc. boosted its position in shares of KKR & Co. Inc. by 0.4% during the third quarter. Connable Office Inc. now owns 19,311 shares of the asset manager’s stock worth $2,522,000 after acquiring an additional 82 shares during the last quarter. Finally, OLD National Bancorp IN boosted its position in shares of KKR & Co. Inc. by 1.3% during the third quarter. OLD National Bancorp IN now owns 6,477 shares of the asset manager’s stock worth $846,000 after acquiring an additional 85 shares during the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Company Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.