Webster Bank N. A. Has $214,000 Holdings in KKR & Co. Inc. (NYSE:KKR)

Webster Bank N. A. lessened its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 9.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,448 shares of the asset manager’s stock after selling 143 shares during the period. Webster Bank N. A.’s holdings in KKR & Co. Inc. were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in KKR. AXA S.A. grew its position in shares of KKR & Co. Inc. by 180.6% during the 2nd quarter. AXA S.A. now owns 15,243 shares of the asset manager’s stock worth $1,604,000 after purchasing an additional 9,810 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of KKR & Co. Inc. by 67.3% during the 2nd quarter. AQR Capital Management LLC now owns 31,947 shares of the asset manager’s stock worth $3,362,000 after acquiring an additional 12,856 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of KKR & Co. Inc. by 58.8% during the 2nd quarter. Mackenzie Financial Corp now owns 62,344 shares of the asset manager’s stock worth $6,561,000 after acquiring an additional 23,080 shares in the last quarter. Driehaus Capital Management LLC boosted its position in shares of KKR & Co. Inc. by 25.2% during the 2nd quarter. Driehaus Capital Management LLC now owns 12,187 shares of the asset manager’s stock worth $1,283,000 after acquiring an additional 2,450 shares in the last quarter. Finally, Creative Planning boosted its position in shares of KKR & Co. Inc. by 14.3% during the 2nd quarter. Creative Planning now owns 60,163 shares of the asset manager’s stock worth $6,332,000 after acquiring an additional 7,505 shares in the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on KKR shares. Citigroup increased their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. TD Cowen increased their price target 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. Keefe, Bruyette & Woods reduced 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 report on Monday, January 13th. Wells Fargo & Company reduced their price target on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Finally, StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $159.07.

KKR & Co. Inc. Price Performance

KKR stock opened at $161.18 on Tuesday. The company has a fifty day moving average price of $153.47 and a 200-day moving average price of $136.59. The company has a market capitalization of $143.17 billion, a P/E ratio of 48.99, a PEG ratio of 0.93 and a beta of 1.66. KKR & Co. Inc. has a 52-week low of $85.19 and a 52-week high of $165.83. 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. 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.