Nvwm LLC Sells 75 Shares of KKR & Co. Inc. (NYSE:KKR)

Nvwm LLC lessened its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,519 shares of the asset manager’s stock after selling 75 shares during the period. Nvwm LLC’s holdings in KKR & Co. Inc. were worth $1,408,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hanson & Doremus Investment Management acquired a new stake in shares of KKR & Co. Inc. during the 4th quarter worth approximately $27,000. Crews Bank & Trust bought a new position in shares of KKR & Co. Inc. in the 4th quarter valued at $30,000. ORG Wealth Partners LLC acquired a new position in shares of KKR & Co. Inc. during the 3rd quarter worth $31,000. Raleigh Capital Management Inc. lifted its position in shares of 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 buying an additional 85 shares during the last quarter. Finally, Eastern Bank acquired a new stake in KKR & Co. Inc. in the third quarter valued at about $34,000. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Trading Down 8.2 %

NYSE:KKR opened at $149.79 on Wednesday. KKR & Co. Inc. has a 52 week low of $87.28 and a 52 week high of $170.40. 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’s fifty day moving average is $154.65 and its 200-day moving average is $138.79. The firm has a market cap of $133.05 billion, a P/E ratio of 45.53, a P/E/G ratio of 0.96 and a beta of 1.67.

Analyst Ratings Changes

A number of research firms have recently commented on KKR. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Wells Fargo & Company dropped their price objective on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Morgan Stanley boosted their target price on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 10th. Hsbc Global Res lowered KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Finally, TD Cowen increased 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 research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $160.86.

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.