KKR & Co. Inc. (NYSE:KKR) Shares Sold by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC decreased its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,622 shares of the asset manager’s stock after selling 98 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in KKR & Co. Inc. were worth $388,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Stonegate Investment Group LLC purchased a new stake in KKR & Co. Inc. during the 4th quarter valued at about $211,000. VCI Wealth Management LLC acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth approximately $1,613,000. Nilsine Partners LLC purchased a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at approximately $243,000. West Wealth Group LLC increased its holdings in shares of KKR & Co. Inc. by 4.9% in the fourth quarter. West Wealth Group LLC now owns 2,299 shares of the asset manager’s stock valued at $340,000 after purchasing an additional 108 shares during the last quarter. Finally, Parkside Investments LLC purchased a new position in KKR & Co. Inc. during the fourth quarter worth approximately $210,000. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KKR has been the subject of several analyst reports. Citigroup upped their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. The Goldman Sachs Group boosted their target price on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Evercore ISI lifted their price target on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Finally, TD Cowen lifted their target price 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc. presently has a consensus rating of “Moderate Buy” and an average price target of $159.07.

KKR & Co. Inc. Trading Down 0.3 %

NYSE KKR opened at $166.49 on Thursday. 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 firm has a market cap of $147.88 billion, a price-to-earnings ratio of 50.60, a PEG ratio of 0.93 and a beta of 1.66. The firm has a 50 day simple moving average of $153.93 and a 200-day simple moving average of $137.36. KKR & Co. Inc. has a one year low of $85.19 and a one year high of $170.16.

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.