KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Versant Capital Management Inc

Versant Capital Management Inc grew its position in shares of KKR & Co. Inc. (NYSE:KKR) by 39.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 494 shares of the asset manager’s stock after purchasing an additional 141 shares during the period. Versant Capital Management Inc’s holdings in KKR & Co. Inc. were worth $73,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dudley Capital Management LLC boosted its stake in KKR & Co. Inc. by 2.7% in the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock worth $404,000 after buying an additional 80 shares during the last quarter. FWG Holdings LLC raised its stake in KKR & Co. Inc. by 1.6% during the third quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock worth $717,000 after purchasing an additional 80 shares during the period. Sigma Planning Corp grew its stake in shares of KKR & Co. Inc. by 1.3% during the 3rd quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock valued at $847,000 after buying an additional 81 shares during the period. Connable Office Inc. grew its stake in shares of KKR & Co. Inc. by 0.4% during the 3rd quarter. Connable Office Inc. now owns 19,311 shares of the asset manager’s stock valued at $2,522,000 after buying an additional 82 shares during the period. Finally, OLD National Bancorp IN increased its holdings in shares of KKR & Co. Inc. by 1.3% during the 3rd quarter. OLD National Bancorp IN now owns 6,477 shares of the asset manager’s stock worth $846,000 after buying an additional 85 shares during the last quarter. 76.26% of the stock is currently owned by hedge funds and other institutional investors.

KKR & Co. Inc. Price Performance

Shares of NYSE:KKR opened at $152.03 on Monday. 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 one year low of $79.53 and a one year high of $163.68. The company has a market capitalization of $135.04 billion, a PE ratio of 46.21, a price-to-earnings-growth ratio of 1.22 and a beta of 1.66. The stock has a fifty day moving average of $151.42 and a 200-day moving average of $131.57.

KKR & Co. Inc. (NYSE:KKR) last posted its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.35. The firm had revenue of $4.79 billion for the quarter, compared to analysts’ expectations of $1.23 billion. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. During the same period in the previous year, the company posted $0.73 EPS. As a group, equities analysts anticipate that KKR & Co. Inc. will post 4.16 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Monday, November 4th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date was Monday, November 4th. KKR & Co. Inc.’s payout ratio is presently 21.28%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Hsbc Global Res raised shares of KKR & Co. Inc. to a “strong-buy” rating in a research report on Wednesday, September 18th. JMP Securities increased their price objective on shares of 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. Citigroup lifted their target price on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a report on Friday, October 25th. HSBC started coverage on KKR & Co. Inc. in a report on Wednesday, September 18th. They issued a “buy” rating and a $148.00 price target for the company. Finally, Oppenheimer boosted their price objective on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $160.07.

KKR & Co. Inc. Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.