Campbell Capital Management Inc. Boosts Stock Position in KKR & Co. Inc. (NYSE:KKR)

Campbell Capital Management Inc. lifted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,068 shares of the asset manager’s stock after buying an additional 1,701 shares during the quarter. KKR & Co. Inc. makes up 5.0% of Campbell Capital Management Inc.’s holdings, making the stock its 5th largest holding. Campbell Capital Management Inc.’s holdings in KKR & Co. Inc. were worth $12,878,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc grew its position in shares of KKR & Co. Inc. by 417.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock worth $322,000 after buying an additional 1,759 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in KKR & Co. Inc. by 8.9% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock valued at $7,559,000 after purchasing an additional 4,719 shares in the last quarter. Whalen Wealth Management Inc. bought a new stake in KKR & Co. Inc. during the fourth quarter valued at about $667,000. Caldwell Investment Management Ltd. boosted its position in KKR & Co. Inc. by 2.9% during the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock valued at $31,477,000 after purchasing an additional 5,900 shares in the last quarter. Finally, OneDigital Investment Advisors LLC boosted its position in KKR & Co. Inc. by 42.1% during the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock valued at $1,976,000 after purchasing an additional 4,481 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Trading Up 4.5 %

Shares of NYSE:KKR opened at $113.54 on Friday. KKR & Co. Inc. has a 52-week low of $91.92 and a 52-week high of $170.40. The stock has a market cap of $100.85 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 1.00 and a beta of 1.72. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $142.16 and a 200-day moving average price of $141.55.

KKR & Co. Inc. Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on KKR shares. The Goldman Sachs Group raised their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Barclays dropped 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, February 5th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. Oppenheimer raised their price objective 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

Insider Transactions at KKR & Co. Inc.

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business’s stock in a transaction that occurred on 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 directly owns 19,260,971 shares in the company, valued at $634,841,604.16. The trade was a 23.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company 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.