Mutual of America Capital Management LLC Sells 2,179 Shares of KKR & Co. Inc. (NYSE:KKR)

Mutual of America Capital Management LLC cut its position in KKR & Co. Inc. (NYSE:KKR) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,871 shares of the asset manager’s stock after selling 2,179 shares during the quarter. Mutual of America Capital Management LLC’s holdings in KKR & Co. Inc. were worth $11,962,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hanson & Doremus Investment Management acquired a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at about $27,000. Crews Bank & Trust acquired a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at about $30,000. Truvestments Capital LLC acquired a new stake in shares of KKR & Co. Inc. in the third quarter valued at about $40,000. Bank of New Hampshire acquired a new stake in shares of KKR & Co. Inc. in the fourth quarter valued at about $45,000. Finally, Farmers & Merchants Investments Inc. increased its stake in shares of KKR & Co. Inc. by 17.8% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock valued at $64,000 after buying an additional 65 shares during the period. 76.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Hsbc Global Res cut KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Barclays decreased their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. HSBC cut KKR & Co. Inc. from a “buy” rating to a “hold” rating and increased their price target for the company from $153.00 to $173.00 in a research note on Thursday, January 30th. Deutsche Bank Aktiengesellschaft increased their price target on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Finally, Morgan Stanley decreased their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Trading Up 2.5 %

NYSE KKR opened at $135.57 on Friday. The company has a market cap of $120.42 billion, a price-to-earnings ratio of 40.71, a P/E/G ratio of 1.00 and a beta of 1.67. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The business has a 50 day moving average price of $148.93 and a 200-day moving average price of $141.94. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.52%. KKR & Co. Inc.’s dividend payout ratio is 21.02%.

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.