KKR & Co. Inc. (NYSE:KKR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its position in shares of KKR & Co. Inc. (NYSE:KKR) by 9.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 65,664 shares of the asset manager’s stock after selling 7,199 shares during the quarter. Yousif Capital Management LLC’s holdings in KKR & Co. Inc. were worth $9,712,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of KKR. Assenagon Asset Management S.A. increased its position in shares of KKR & Co. Inc. by 3,757.3% in the third quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager’s stock valued at $72,199,000 after buying an additional 538,573 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in KKR & Co. Inc. by 1,181.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager’s stock valued at $71,038,000 after acquiring an additional 501,579 shares during the last quarter. State Street Corp increased its holdings in KKR & Co. Inc. by 1.8% during the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock valued at $3,486,977,000 after acquiring an additional 481,686 shares in the last quarter. Geode Capital Management LLC raised 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 acquiring an additional 355,837 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of KKR & Co. Inc. by 11,197.2% in the third quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock valued at $44,787,000 after purchasing an additional 339,946 shares in the last quarter. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

KKR & Co. Inc. Price Performance

KKR & Co. Inc. stock opened at $153.95 on Thursday. KKR & Co. Inc. has a 1 year low of $90.40 and a 1 year high of $170.40. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The firm has a 50 day moving average price of $154.42 and a 200 day moving average price of $139.03. The company has a market cap of $136.75 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 0.96 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 paid 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 0.45%. KKR & Co. Inc.’s dividend payout ratio is presently 21.28%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on KKR. Keefe, Bruyette & Woods dropped 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 research note on Monday, January 13th. StockNews.com raised KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. Barclays reduced their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating on the stock in a research report on Wednesday. JMP Securities lifted their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 29th. Finally, Wells Fargo & Company reduced their target price on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a report on Wednesday. One equities 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 issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $160.50.

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.