RFG Advisory LLC Sells 444 Shares of KKR & Co. Inc. (NYSE:KKR)

RFG Advisory LLC cut its holdings in KKR & Co. Inc. (NYSE:KKR) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,986 shares of the asset manager’s stock after selling 444 shares during the period. RFG Advisory LLC’s holdings in KKR & Co. Inc. were worth $1,921,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KKR. Brighton Jones LLC lifted its stake in KKR & Co. Inc. by 109.6% in the fourth quarter. Brighton Jones LLC now owns 4,661 shares of the asset manager’s stock valued at $689,000 after buying an additional 2,437 shares during the period. Montecito Bank & Trust increased its stake in shares of KKR & Co. Inc. by 9.8% in the 4th quarter. Montecito Bank & Trust now owns 1,946 shares of the asset manager’s stock valued at $288,000 after acquiring an additional 173 shares in the last quarter. Red Door Wealth Management LLC lifted its position in shares of KKR & Co. Inc. by 1.9% during the 4th quarter. Red Door Wealth Management LLC now owns 5,241 shares of the asset manager’s stock valued at $775,000 after acquiring an additional 97 shares during the period. Whalen Wealth Management Inc. bought a new position in KKR & Co. Inc. during the fourth quarter worth $667,000. Finally, Avior Wealth Management LLC increased its stake in KKR & Co. Inc. by 6.6% in the fourth quarter. Avior Wealth Management LLC now owns 8,119 shares of the asset manager’s stock valued at $1,201,000 after purchasing an additional 506 shares in the last quarter. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Trading Up 0.1 %

NYSE KKR opened at $165.46 on Friday. The business’s fifty day moving average is $153.47 and its 200-day moving average is $136.19. 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 stock has a market capitalization of $146.96 billion, a price-to-earnings ratio of 50.29, a PEG ratio of 0.93 and a beta of 1.66. KKR & Co. Inc. has a one year low of $83.37 and a one year high of $165.83.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, topping the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. The business had revenue of $4.79 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the firm posted $0.73 earnings per share. Equities research analysts predict that KKR & Co. Inc. will post 4.13 EPS for the current year.

Wall Street Analysts Forecast Growth

KKR has been the topic of a number of research analyst reports. TD Cowen increased their price objective on shares of 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 raised their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Barclays increased their target price on KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Evercore ISI boosted their price target on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Finally, Keefe, Bruyette & Woods dropped their price objective 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 equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, KKR & Co. Inc. currently has a consensus rating of “Moderate Buy” and a consensus price target of $159.07.

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.