Barclays Lowers KKR & Co. Inc. (NYSE:KKR) Price Target to $181.00

KKR & Co. Inc. (NYSE:KKR) had its target price lowered by equities researchers at Barclays from $185.00 to $181.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the asset manager’s stock. Barclays‘s price target indicates a potential upside of 19.47% from the stock’s previous close.

Several other equities analysts also recently weighed in on KKR. JMP Securities increased their target price on 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. TD Cowen increased their target price on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Citigroup increased their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. Finally, Keefe, Bruyette & Woods reduced their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, KKR & Co. Inc. currently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Stock Down 1.5 %

KKR opened at $151.51 on Wednesday. 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 firm has a market cap of $134.57 billion, a P/E ratio of 46.05, a PEG ratio of 0.96 and a beta of 1.67. KKR & Co. Inc. has a 52 week low of $91.92 and a 52 week high of $170.40. The business’s fifty day simple moving average is $154.30 and its 200 day simple moving average is $139.14.

Institutional Trading of KKR & Co. Inc.

Several hedge funds have recently added to or reduced their stakes in KKR. Proficio Capital Partners LLC raised its stake in shares of KKR & Co. Inc. by 4,981.9% in the 4th quarter. Proficio Capital Partners LLC now owns 1,573,046 shares of the asset manager’s stock worth $232,669,000 after buying an additional 1,542,092 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of KKR & Co. Inc. in the 4th quarter worth $218,918,000. Roberts Foundation bought a new stake in shares of KKR & Co. Inc. in the 4th quarter worth $147,910,000. Assenagon Asset Management S.A. raised its stake in shares of KKR & Co. Inc. by 3,757.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager’s stock worth $72,199,000 after buying an additional 538,573 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of KKR & Co. Inc. by 92.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,047,382 shares of the asset manager’s stock worth $156,199,000 after buying an additional 503,365 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Company 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.