AA Financial Advisors LLC Boosts Stake in KKR & Co. Inc. (NYSE:KKR)

AA Financial Advisors LLC lifted its holdings in KKR & Co. Inc. (NYSE:KKR) by 34.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,485 shares of the asset manager’s stock after acquiring an additional 632 shares during the quarter. AA Financial Advisors LLC’s holdings in KKR & Co. Inc. were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of KKR. Assenagon Asset Management S.A. boosted its position in KKR & Co. Inc. by 3,757.3% in the third quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager’s stock worth $72,199,000 after purchasing an additional 538,573 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of KKR & Co. Inc. by 1,181.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager’s stock worth $71,038,000 after purchasing an additional 501,579 shares during the period. State Street Corp raised its stake in shares of KKR & Co. Inc. by 1.8% during the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock worth $3,486,977,000 after purchasing an additional 481,686 shares during the period. Geode Capital Management LLC boosted 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 last quarter. Finally, International Assets Investment Management LLC grew its position in KKR & Co. Inc. by 11,197.2% during the third quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock valued at $44,787,000 after buying an additional 339,946 shares during the period. 76.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

KKR has been the topic of several research reports. 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 research note on Tuesday, November 19th. StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a research note on Friday, October 25th. Citigroup raised their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Hsbc Global Res cut KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, TD Cowen lifted their price objective 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 investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and an average price target of $160.86.

KKR & Co. Inc. Stock Performance

KKR & Co. Inc. stock opened at $167.00 on Friday. KKR & Co. Inc. has a 1-year low of $85.19 and a 1-year high of $170.16. 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 firm has a market capitalization 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 firm’s 50 day simple moving average is $154.22 and its 200 day simple moving average is $137.56.

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.