KKR & Co. Inc. (NYSE:KKR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of KKR & Co. Inc. (NYSE:KKR) have been assigned a consensus rating of “Moderate Buy” from the sixteen analysts that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $161.43.

KKR has been the topic of several analyst reports. Barclays lowered their price objective on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. The Goldman Sachs Group boosted their target price on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Hsbc Global Res cut shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 30th. Finally, JMP Securities lifted their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 29th.

Institutional Trading of KKR & Co. Inc.

A number of hedge funds have recently made changes to their positions in KKR. Mather Group LLC. grew its stake in shares of KKR & Co. Inc. by 273.5% during the third quarter. Mather Group LLC. now owns 986 shares of the asset manager’s stock valued at $129,000 after buying an additional 722 shares during the last quarter. Dynamic Advisor Solutions LLC increased its stake in KKR & Co. Inc. by 6.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 7,519 shares of the asset manager’s stock worth $982,000 after purchasing an additional 427 shares during the period. Atomi Financial Group Inc. lifted its position in KKR & Co. Inc. by 28.3% in the third quarter. Atomi Financial Group Inc. now owns 4,582 shares of the asset manager’s stock valued at $598,000 after purchasing an additional 1,012 shares during the last quarter. Wedmont Private Capital boosted its stake in shares of KKR & Co. Inc. by 264.1% during the third quarter. Wedmont Private Capital now owns 10,909 shares of the asset manager’s stock valued at $1,433,000 after purchasing an additional 7,913 shares during the period. Finally, UMB Bank n.a. boosted its stake in shares of KKR & Co. Inc. by 2,082.8% during the third quarter. UMB Bank n.a. now owns 53,194 shares of the asset manager’s stock valued at $6,946,000 after purchasing an additional 50,757 shares during the period. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Stock Down 1.9 %

Shares of KKR opened at $148.65 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 fifty day moving average of $154.13 and a 200-day moving average of $139.22. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The stock has a market capitalization of $132.03 billion, a price-to-earnings ratio of 45.18, a PEG ratio of 0.96 and a beta of 1.67.

KKR & Co. Inc. Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.28%.

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.