KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. increased its position in shares of KKR & Co. Inc. (NYSE:KKR) by 11.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,586 shares of the asset manager’s stock after purchasing an additional 261 shares during the period. Thompson Davis & CO. Inc.’s holdings in KKR & Co. Inc. were worth $383,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KKR. Allspring Global Investments Holdings LLC increased its position in KKR & Co. Inc. by 92.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,047,382 shares of the asset manager’s stock worth $156,199,000 after purchasing an additional 503,365 shares during the last quarter. State Street Corp increased its position in KKR & Co. Inc. by 1.8% during the third quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock worth $3,486,977,000 after purchasing an additional 481,686 shares during the last quarter. Geode Capital Management LLC increased its position in KKR & Co. Inc. by 2.7% during the third quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager’s stock worth $1,768,788,000 after purchasing an additional 355,837 shares during the last quarter. International Assets Investment Management LLC increased its position in KKR & Co. Inc. by 11,197.2% during the third quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock worth $44,787,000 after purchasing an additional 339,946 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in KKR & Co. Inc. by 61.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 890,926 shares of the asset manager’s stock worth $131,777,000 after purchasing an additional 338,019 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KKR. The Goldman Sachs Group lifted their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. StockNews.com upgraded shares of KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods dropped their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Wells Fargo & Company dropped their price target on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Finally, JMP Securities lifted their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Stock Down 1.8 %

Shares of KKR & Co. Inc. stock opened at $132.17 on Friday. KKR & Co. Inc. has a 52-week low of $91.92 and a 52-week high of $170.40. The company has a 50 day moving average of $150.98 and a 200 day moving average of $140.86. 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 company has a market capitalization of $117.40 billion, a P/E ratio of 39.69, a P/E/G ratio of 1.03 and a beta of 1.67.

KKR & Co. Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.175 per share. The ex-dividend date is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.53%. KKR & Co. Inc.’s dividend payout ratio is presently 21.02%.

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.