one8zero8 LLC Purchases New Shares in KKR & Co. Inc. (NYSE:KKR)

one8zero8 LLC acquired a new position in shares of KKR & Co. Inc. (NYSE:KKR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,416 shares of the asset manager’s stock, valued at approximately $653,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hanson & Doremus Investment Management purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $27,000. Crews Bank & Trust purchased a new position in KKR & Co. Inc. during the 4th quarter valued at $30,000. HM Payson & Co. grew its position in KKR & Co. Inc. by 6,800.0% in the 4th quarter. HM Payson & Co. now owns 276 shares of the asset manager’s stock valued at $41,000 after acquiring an additional 272 shares during the last quarter. Bank of New Hampshire purchased a new stake in KKR & Co. Inc. in the fourth quarter worth $45,000. Finally, Truvestments Capital LLC bought a new stake in shares of KKR & Co. Inc. during the third quarter worth $40,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

Analyst Ratings Changes

KKR has been the topic of a number of research analyst reports. Morgan Stanley cut their price target on shares of 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. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and raised their target price for the stock from $153.00 to $173.00 in a research report on Thursday, January 30th. Wells Fargo & Company lowered their price target on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 30th. Finally, Oppenheimer lifted their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $161.43.

KKR & Co. Inc. Stock Up 4.5 %

NYSE:KKR opened at $113.54 on Monday. The company’s 50-day simple moving average is $142.16 and its 200-day simple moving average is $141.82. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week high of $170.40. The stock has a market capitalization of $100.85 billion, a P/E ratio of 34.10, a P/E/G ratio of 1.00 and a beta of 1.72.

KKR & Co. Inc. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.175 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.62%. KKR & Co. Inc.’s dividend payout ratio (DPR) is 21.02%.

Insiders Place Their Bets

In other KKR & Co. Inc. news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $32.96, for a total value of $197,760,000.00. Following the completion of the sale, the insider now owns 19,260,971 shares of the company’s stock, valued at approximately $634,841,604.16. This trade represents a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 39.34% of the company’s stock.

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.