KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC boosted its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 92.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,204 shares of the asset manager’s stock after buying an additional 2,500 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in KKR & Co. Inc. were worth $770,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its stake in KKR & Co. Inc. by 7.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 14,604 shares of the asset manager’s stock valued at $1,907,000 after purchasing an additional 1,007 shares in the last quarter. Eastern Bank acquired a new stake in KKR & Co. Inc. in the third quarter valued at $34,000. Private Advisor Group LLC increased its position in shares of KKR & Co. Inc. by 16.4% in the third quarter. Private Advisor Group LLC now owns 17,089 shares of the asset manager’s stock valued at $2,232,000 after buying an additional 2,403 shares in the last quarter. Commerzbank Aktiengesellschaft FI acquired a new position in shares of KKR & Co. Inc. during the 3rd quarter worth $335,000. Finally, Greenleaf Trust boosted its position in shares of KKR & Co. Inc. by 47.1% in the 3rd quarter. Greenleaf Trust now owns 5,693 shares of the asset manager’s stock worth $743,000 after buying an additional 1,824 shares in the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Stock Down 1.8 %

KKR opened at $132.17 on Friday. KKR & Co. Inc. has a 12 month low of $91.92 and a 12 month high of $170.40. The business has a 50-day moving average of $150.98 and a two-hundred day moving average of $140.86. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $117.40 billion, a price-to-earnings ratio of 39.69, a price-to-earnings-growth ratio of 1.03 and a beta of 1.67.

KKR & Co. Inc. Announces Dividend

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

Analyst Upgrades and Downgrades

KKR has been the subject of several recent research reports. Keefe, Bruyette & Woods dropped their target price 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. The Goldman Sachs Group raised their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Hsbc Global Res lowered KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Morgan Stanley lowered their target price on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Finally, Oppenheimer boosted their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, KKR & Co. Inc. currently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

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.