KKR & Co. Inc. (NYSE:KKR) Stock Position Lowered by Gilbert & Cook Inc.

Gilbert & Cook Inc. lowered its position in shares of KKR & Co. Inc. (NYSE:KKR) by 5.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,675 shares of the asset manager’s stock after selling 595 shares during the period. Gilbert & Cook Inc.’s holdings in KKR & Co. Inc. were worth $1,431,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Assenagon Asset Management S.A. lifted its position in shares of KKR & Co. Inc. by 3,757.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager’s stock valued at $72,199,000 after acquiring an additional 538,573 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of KKR & Co. Inc. by 1,181.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager’s stock worth $71,038,000 after purchasing an additional 501,579 shares during the period. State Street Corp lifted its holdings in shares of KKR & Co. Inc. by 1.8% during the third quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock valued at $3,486,977,000 after purchasing an additional 481,686 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of KKR & Co. Inc. by 2.7% during the third quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager’s stock valued at $1,768,788,000 after purchasing an additional 355,837 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its position in shares of KKR & Co. Inc. by 11,197.2% in the 3rd quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock valued at $44,787,000 after purchasing an additional 339,946 shares during the period. 76.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KKR has been the subject of a number of analyst reports. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and upped their price objective for the company from $153.00 to $173.00 in a research note on Thursday. Deutsche Bank Aktiengesellschaft upped their price target on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Morgan Stanley lifted their price objective on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 10th. Oppenheimer increased their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Finally, Evercore ISI lifted their price target on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a report on Monday, October 14th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $160.86.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $167.28 on Thursday. The company’s fifty day moving average is $153.93 and its two-hundred day moving average is $137.36. KKR & Co. Inc. has a 52-week low of $85.19 and a 52-week high of $170.16. 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 market capitalization of $148.58 billion, a price-to-earnings ratio of 50.95, a P/E/G ratio of 0.93 and a beta of 1.66.

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.