Ballentine Partners LLC Has $846,000 Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Ballentine Partners LLC boosted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,721 shares of the asset manager’s stock after purchasing an additional 70 shares during the quarter. Ballentine Partners LLC’s holdings in KKR & Co. Inc. were worth $846,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raleigh Capital Management Inc. increased its position in shares of KKR & Co. Inc. by 56.7% in the 3rd quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after buying an additional 85 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in shares of KKR & Co. Inc. in the third quarter worth about $31,000. Eastern Bank acquired a new stake in shares of KKR & Co. Inc. during the third quarter worth about $34,000. Bank of New Hampshire bought a new position in shares of KKR & Co. Inc. during the 4th quarter valued at about $45,000. Finally, Truvestments Capital LLC acquired a new position in shares of KKR & Co. Inc. in the 3rd quarter valued at approximately $40,000. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Trading Up 0.5 %

NYSE KKR opened at $161.58 on Thursday. KKR & Co. Inc. has a 12 month low of $83.01 and a 12 month high of $163.68. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The stock has a 50 day moving average of $152.68 and a 200-day moving average of $135.38. The company has a market cap of $143.52 billion, a PE ratio of 49.11, a PEG ratio of 0.90 and a beta of 1.66.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.35. The firm had revenue of $4.79 billion during the quarter, compared to analysts’ expectations of $1.23 billion. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. During the same quarter last year, the company posted $0.73 earnings per share. On average, equities research analysts anticipate that KKR & Co. Inc. will post 4.13 EPS for the current fiscal year.

Analysts Set New Price Targets

KKR has been the topic of several research analyst reports. Evercore ISI raised their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. JMP Securities raised their price objective on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 29th. Oppenheimer upped their target price on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Morgan Stanley increased their target price on KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. Finally, Barclays boosted their price target on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $159.07.

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.