2,682 Shares in KKR & Co. Inc. (NYSE:KKR) Purchased by Capital International Ltd. CA

Capital International Ltd. CA acquired a new position in KKR & Co. Inc. (NYSE:KKR) in the fourth quarter, Holdings Channel reports. The fund acquired 2,682 shares of the asset manager’s stock, valued at approximately $397,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KKR. Vanguard Group Inc. grew its holdings in shares of KKR & Co. Inc. by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 56,687,516 shares of the asset manager’s stock valued at $8,384,650,000 after acquiring an additional 441,817 shares in the last quarter. Geode Capital Management LLC grew its stake in KKR & Co. Inc. by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 14,047,900 shares of the asset manager’s stock valued at $2,073,624,000 after purchasing an additional 458,048 shares during the period. FMR LLC increased its position in shares of KKR & Co. Inc. by 6.7% during the 4th quarter. FMR LLC now owns 12,003,389 shares of the asset manager’s stock valued at $1,775,421,000 after purchasing an additional 752,056 shares during the last quarter. Norges Bank purchased a new stake in shares of KKR & Co. Inc. during the 4th quarter valued at $1,435,314,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of KKR & Co. Inc. by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,772,331 shares of the asset manager’s stock worth $557,965,000 after purchasing an additional 85,461 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Up 1.2 %

Shares of NYSE:KKR opened at $103.29 on Friday. The firm has a fifty day moving average price of $117.65 and a two-hundred day moving average price of $138.50. The company has a market cap of $91.75 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 1.00 and a beta of 1.77. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. KKR & Co. Inc. has a one year low of $86.15 and a one year high of $170.40.

KKR & Co. Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 0.68%. The ex-dividend date was Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is 21.02%.

Analyst Ratings Changes

A number of analysts recently issued reports on KKR shares. Keefe, Bruyette & Woods decreased their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Citigroup decreased their price target on shares of KKR & Co. Inc. from $177.00 to $132.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Hsbc Global Res upgraded KKR & Co. Inc. from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Morgan Stanley decreased their target price on KKR & Co. Inc. from $156.00 to $114.00 and set an “equal weight” rating for the company in a research report on Monday, April 14th. Finally, Bank of America lowered their target price on KKR & Co. Inc. from $214.00 to $194.00 and set a “buy” rating on the stock in a research note on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and an average price target of $144.93.

Insider Buying and Selling

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of KKR & Co. Inc. stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $32.96, for a total transaction of $197,760,000.00. Following the completion of the sale, the insider now directly owns 19,260,971 shares in the company, valued at $634,841,604.16. The trade was a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 39.34% of the stock is owned by company insiders.

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.