Meadow Creek Wealth Advisors LLC Reduces Stock Position in KKR & Co. Inc. (NYSE:KKR)

Meadow Creek Wealth Advisors LLC trimmed its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,959 shares of the asset manager’s stock after selling 111 shares during the period. Meadow Creek Wealth Advisors LLC’s holdings in KKR & Co. Inc. were worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KKR. Czech National Bank grew its holdings in shares of KKR & Co. Inc. by 8.4% in the third quarter. Czech National Bank now owns 137,387 shares of the asset manager’s stock worth $17,940,000 after acquiring an additional 10,607 shares during the period. Mather Group LLC. grew its stake in shares of KKR & Co. Inc. by 273.5% during the 3rd quarter. Mather Group LLC. now owns 986 shares of the asset manager’s stock valued at $129,000 after purchasing an additional 722 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of KKR & Co. Inc. by 6.0% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 7,519 shares of the asset manager’s stock valued at $982,000 after purchasing an additional 427 shares during the last quarter. Atomi Financial Group Inc. lifted its stake in shares of KKR & Co. Inc. by 28.3% in the 3rd quarter. Atomi Financial Group Inc. now owns 4,582 shares of the asset manager’s stock worth $598,000 after purchasing an additional 1,012 shares during the period. Finally, Daymark Wealth Partners LLC boosted its holdings in shares of KKR & Co. Inc. by 58.1% in the third quarter. Daymark Wealth Partners LLC now owns 12,326 shares of the asset manager’s stock worth $1,610,000 after buying an additional 4,529 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Trading Up 3.1 %

KKR opened at $153.95 on Thursday. KKR & Co. Inc. has a 12 month low of $90.40 and a 12 month high of $170.40. The stock has a fifty day moving average price of $154.42 and a 200-day moving average price of $139.03. The firm has a market cap of $136.75 billion, a price-to-earnings ratio of 46.79, a PEG ratio of 0.96 and a beta of 1.67. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.45%. KKR & Co. Inc.’s dividend payout ratio (DPR) is presently 21.28%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on KKR shares. Oppenheimer boosted their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Hsbc Global Res cut KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 30th. JMP Securities boosted their price objective on 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. Citigroup raised their target price on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Morgan Stanley upped their price target 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. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, KKR & Co. Inc. currently has a consensus rating of “Moderate Buy” and a consensus target price of $160.50.

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.