KKR & Co. Inc. (NYSE:KKR) Shares Bought by MGO One Seven LLC

MGO One Seven LLC raised its stake in KKR & Co. Inc. (NYSE:KKR) by 37.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,788 shares of the asset manager’s stock after buying an additional 1,035 shares during the quarter. MGO One Seven LLC’s holdings in KKR & Co. Inc. were worth $560,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of KKR. Hanson & Doremus Investment Management acquired a new position in KKR & Co. Inc. in the fourth quarter valued at about $27,000. Crews Bank & Trust acquired a new position in KKR & Co. Inc. in the fourth quarter valued at about $30,000. Pilgrim Partners Asia Pte Ltd acquired a new position in KKR & Co. Inc. in the fourth quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in KKR & Co. Inc. in the fourth quarter valued at about $36,000. Finally, HM Payson & Co. increased its stake in KKR & Co. Inc. by 6,800.0% during the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager’s stock worth $41,000 after purchasing an additional 272 shares during the period. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

Shares of KKR opened at $113.81 on Monday. KKR & Co. Inc. has a 1-year low of $86.15 and a 1-year high of $170.40. The stock has a market cap of $101.09 billion, a PE ratio of 34.18, a price-to-earnings-growth ratio of 1.00 and a beta of 1.77. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The firm has a fifty day moving average price of $114.31 and a 200 day moving average price of $137.68.

KKR & Co. Inc. Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.175 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.62%. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.02%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on KKR shares. TD Cowen cut their price target on shares of KKR & Co. Inc. from $183.00 to $126.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company cut their price target on shares of KKR & Co. Inc. from $141.00 to $120.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Barclays cut their price target on shares of KKR & Co. Inc. from $181.00 to $129.00 and set an “overweight” rating on the stock in a research note on Friday, April 11th. Citigroup cut their price target on shares of KKR & Co. Inc. from $177.00 to $132.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods cut their price target 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $144.93.

Insider Activity at KKR & Co. Inc.

In related news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were 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 of the company’s stock, valued at $634,841,604.16. The trade was a 23.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 39.34% of the stock is owned by corporate insiders.

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.