KKR & Co. Inc. (NYSE:KKR) Shares Bought by National Pension Service

National Pension Service grew its stake in KKR & Co. Inc. (NYSE:KKR) by 7.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,267,741 shares of the asset manager’s stock after acquiring an additional 84,964 shares during the period. National Pension Service owned about 0.14% of KKR & Co. Inc. worth $187,512,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in KKR. Private Advisor Group LLC raised its stake in shares of KKR & Co. Inc. by 16.4% in the 3rd quarter. Private Advisor Group LLC now owns 17,089 shares of the asset manager’s stock valued at $2,232,000 after acquiring an additional 2,403 shares during the period. Pettinga Financial Advisors LLC purchased a new stake in shares of KKR & Co. Inc. in the 3rd quarter valued at approximately $238,000. Allworth Financial LP raised its stake in shares of KKR & Co. Inc. by 7.7% in the 3rd quarter. Allworth Financial LP now owns 2,678 shares of the asset manager’s stock valued at $350,000 after acquiring an additional 191 shares during the period. PFG Investments LLC purchased a new stake in shares of KKR & Co. Inc. in the 3rd quarter valued at approximately $217,000. Finally, Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of KKR & Co. Inc. in the 3rd quarter valued at approximately $214,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Trading Up 2.3 %

Shares of NYSE:KKR opened at $132.55 on Thursday. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The company’s 50 day moving average is $149.40 and its two-hundred day moving average is $141.67. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The company has a market cap of $117.73 billion, a PE ratio of 39.80, a P/E/G ratio of 1.00 and a beta of 1.67.

KKR & Co. Inc. Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on KKR shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Keefe, Bruyette & Woods cut their target price on shares of 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. Morgan Stanley cut their target price on shares of KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group upped their target price 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.