Hanson & Doremus Investment Management Takes $27,000 Position in KKR & Co. Inc. (NYSE:KKR)

Hanson & Doremus Investment Management purchased a new position in shares of KKR & Co. Inc. (NYSE:KKR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 180 shares of the asset manager’s stock, valued at approximately $27,000.

Several other large investors have also bought and sold shares of the business. Raleigh Capital Management Inc. raised its position in shares of KKR & Co. Inc. by 56.7% during 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. ORG Wealth Partners LLC bought a new position in shares of KKR & Co. Inc. in the 3rd quarter worth $31,000. Eastern Bank acquired a new stake in shares of KKR & Co. Inc. during the third quarter worth $34,000. Bank of New Hampshire bought a new stake in KKR & Co. Inc. in the fourth quarter valued at about $45,000. Finally, Truvestments Capital LLC acquired a new position in KKR & Co. Inc. in the third quarter valued at about $40,000. 76.26% of the stock is currently owned by institutional investors and hedge funds.

KKR & Co. Inc. Stock Performance

Shares of KKR stock opened at $167.00 on Friday. KKR & Co. Inc. has a 12 month low of $85.19 and a 12 month high of $170.16. The company’s fifty day simple moving average is $154.22 and its 200-day simple moving average is $137.56. The firm has a market cap of $148.34 billion, a PE ratio of 50.76, a P/E/G ratio of 0.93 and a beta of 1.66. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82.

Analysts Set New Price Targets

A number of brokerages have recently commented on KKR. 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 note on Monday, October 14th. Wells Fargo & Company cut their target price on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. The Goldman Sachs Group boosted their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods dropped their price objective on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Finally, HSBC cut KKR & Co. Inc. from a “buy” rating to a “hold” rating and boosted their target price for the company from $153.00 to $173.00 in a research note on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and a consensus price target of $160.86.

KKR & Co. Inc. 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.