Sanctuary Advisors LLC Has $14.54 Million Holdings in KKR & Co. Inc. (NYSE:KKR)

Sanctuary Advisors LLC lifted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,319 shares of the asset manager’s stock after purchasing an additional 5,578 shares during the quarter. Sanctuary Advisors LLC’s holdings in KKR & Co. Inc. were worth $14,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of KKR. Hanson & Doremus Investment Management acquired a new stake in KKR & Co. Inc. in the 4th quarter valued at $27,000. Crews Bank & Trust acquired a new stake in KKR & Co. Inc. in the 4th quarter valued at $30,000. Raleigh Capital Management Inc. boosted its stake in KKR & Co. Inc. by 56.7% in the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after buying an additional 85 shares in the last quarter. Eastern Bank acquired a new stake in KKR & Co. Inc. in the 3rd quarter valued at $34,000. Finally, Truvestments Capital LLC acquired a new stake in KKR & Co. Inc. in the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Trading Up 0.2 %

KKR stock opened at $140.81 on Wednesday. The company has a market cap of $125.07 billion, a P/E ratio of 42.28, a PEG ratio of 1.05 and a beta of 1.67. KKR & Co. Inc. has a twelve month low of $91.92 and a twelve month high of $170.40. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average of $152.01 and a 200-day moving average of $140.70.

KKR & Co. Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.50%. The ex-dividend date is Friday, February 14th. KKR & Co. Inc.’s payout ratio is 21.02%.

Analyst Ratings Changes

Several brokerages recently commented on KKR. Keefe, Bruyette & Woods decreased their price target on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft boosted 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. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. Finally, Barclays cut their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $161.43.

KKR & Co. Inc. 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.