Quotient Wealth Partners LLC Purchases 125 Shares of KKR & Co. Inc. (NYSE:KKR)

Quotient Wealth Partners LLC raised its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,235 shares of the asset manager’s stock after acquiring an additional 125 shares during the period. Quotient Wealth Partners LLC’s holdings in KKR & Co. Inc. were worth $331,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods cut their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Citigroup upped their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Oppenheimer raised their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Finally, Evercore ISI upped their price target on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $161.43.

KKR & Co. Inc. Stock Performance

Shares of KKR & Co. Inc. stock opened at $148.65 on Monday. KKR & Co. Inc. has a 12 month low of $91.92 and a 12 month high of $170.40. The firm has a market capitalization of $132.03 billion, a P/E ratio of 44.64, a P/E/G ratio of 1.05 and a beta of 1.67. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The business has a fifty day simple moving average of $153.85 and a two-hundred day simple moving average of $139.59.

KKR & Co. Inc. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.47%. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 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.