Better Money Decisions LLC trimmed its stake in KKR & Co. Inc. (NYSE:KKR – Free Report) by 9.3% in the fourth quarter, HoldingsChannel reports. The firm owned 1,872 shares of the asset manager’s stock after selling 192 shares during the period. Better Money Decisions LLC’s holdings in KKR & Co. Inc. were worth $277,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of KKR. Ballentine Partners LLC lifted its stake in shares of KKR & Co. Inc. by 1.2% in the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock valued at $846,000 after buying an additional 70 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of KKR & Co. Inc. by 0.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager’s stock valued at $1,623,000 after purchasing an additional 73 shares in the last quarter. Dudley Capital Management LLC lifted its position in shares of KKR & Co. Inc. by 2.7% during the third quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock valued at $404,000 after purchasing an additional 80 shares in the last quarter. FWG Holdings LLC lifted 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 purchasing an additional 80 shares in the last quarter. Finally, Sigma Planning Corp lifted its position in shares of KKR & Co. Inc. by 1.3% during the third quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock valued at $847,000 after purchasing an additional 81 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
KKR has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $153.00 to $173.00 in a research report on Thursday. Oppenheimer lifted 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. Citigroup lifted their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft lifted 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $160.86.
KKR & Co. Inc. Price Performance
Shares of NYSE:KKR opened at $167.04 on Monday. The company has a 50 day moving average of $154.57 and a 200 day moving average of $138.28. The stock has a market cap of $148.37 billion, a P/E ratio of 50.77, a P/E/G ratio of 0.96 and a beta of 1.67. KKR & Co. Inc. has a 12 month low of $85.19 and a 12 month high of $170.40. 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. 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.
Further Reading
- Five stocks we like better than KKR & Co. Inc.
- How to Effectively Use the MarketBeat Ratings Screener
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
- What is Short Interest? How to Use It
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
Want to see what other hedge funds are holding KKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KKR & Co. Inc. (NYSE:KKR – Free Report).
Receive News & Ratings for KKR & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KKR & Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter.