KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC boosted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,974 shares of the asset manager’s stock after buying an additional 73 shares during the period. Wealthcare Advisory Partners LLC’s holdings in KKR & Co. Inc. were worth $1,623,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC acquired a new position in shares of KKR & Co. Inc. in the 3rd quarter valued at $31,000. Raleigh Capital Management Inc. grew its position in KKR & Co. Inc. by 56.7% during the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after purchasing an additional 85 shares during the last quarter. Eastern Bank acquired a new position in KKR & Co. Inc. in the third quarter valued at $34,000. Truvestments Capital LLC purchased a new stake in shares of KKR & Co. Inc. in the third quarter valued at about $40,000. Finally, Bank of New Hampshire acquired a new stake in shares of KKR & Co. Inc. during the fourth quarter worth about $45,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Trading Up 2.8 %

Shares of KKR & Co. Inc. stock opened at $157.58 on Friday. The company has a 50-day moving average of $152.49 and a two-hundred day moving average of $134.43. KKR & Co. Inc. has a 12-month low of $80.89 and a 12-month high of $163.68. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The stock has a market cap of $139.97 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 0.84 and a beta of 1.66.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. The business had revenue of $4.79 billion for the quarter, compared to analysts’ expectations of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same quarter in the prior year, the firm posted $0.73 EPS. On average, research analysts anticipate that KKR & Co. Inc. will post 4.13 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Monday, November 4th were given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend was Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio is currently 21.28%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. TD Cowen boosted their price target 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. StockNews.com raised KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft increased their price target on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a report on Monday, November 11th. The Goldman Sachs Group boosted their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Finally, Oppenheimer upped their price objective 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. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $159.07.

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.