Analysts expect KKR & Co Inc (NYSE:KKR) to announce $0.52 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for KKR & Co Inc’s earnings, with estimates ranging from $0.46 to $0.67. KKR & Co Inc posted earnings of $0.48 per share in the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The company is scheduled to report its next earnings report on Thursday, February 14th.

On average, analysts expect that KKR & Co Inc will report full year earnings of $1.89 per share for the current year, with EPS estimates ranging from $1.83 to $2.03. For the next fiscal year, analysts anticipate that the company will report earnings of $1.86 per share, with EPS estimates ranging from $1.68 to $2.20. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover KKR & Co Inc.

KKR & Co Inc (NYSE:KKR) last released its quarterly earnings results on Thursday, October 25th. The asset manager reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.05. KKR & Co Inc had a net margin of 48.08% and a return on equity of 6.95%. The company had revenue of $491.50 million for the quarter, compared to analyst estimates of $401.39 million.

A number of research firms have recently commented on KKR. Zacks Investment Research lowered shares of KKR & Co Inc from a “buy” rating to a “hold” rating in a research report on Friday, December 28th. ValuEngine lowered shares of KKR & Co Inc from a “buy” rating to a “hold” rating in a research report on Friday, November 16th. Oppenheimer set a $35.00 price target on shares of KKR & Co Inc and gave the company a “buy” rating in a research report on Wednesday, September 26th. Morgan Stanley set a $22.00 target price on shares of KKR & Co Inc and gave the stock a “hold” rating in a research report on Friday, January 4th. Finally, Wells Fargo & Co reaffirmed a “buy” rating on shares of KKR & Co Inc in a research report on Monday, October 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. KKR & Co Inc has a consensus rating of “Buy” and a consensus price target of $29.49.

NYSE:KKR opened at $20.90 on Friday. KKR & Co Inc has a 12 month low of $18.30 and a 12 month high of $28.73. The company has a market capitalization of $11.44 billion, a PE ratio of 8.78, a PEG ratio of 1.04 and a beta of 1.59. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.01 and a current ratio of 1.01.

In related news, major shareholder Fund Holdings L.P. Kkr sold 10,054,259 shares of the business’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $40.20, for a total transaction of $404,181,211.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 39.34% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. Edge Wealth Management LLC bought a new stake in KKR & Co Inc in the 3rd quarter valued at $104,000. Financial Architects Inc bought a new stake in KKR & Co Inc in the 3rd quarter valued at $106,000. Bronfman E.L. Rothschild L.P. bought a new stake in KKR & Co Inc in the 3rd quarter valued at $126,000. Duncker Streett & Co. Inc. bought a new stake in KKR & Co Inc in the 3rd quarter valued at $160,000. Finally, Baldwin Brothers Inc. MA bought a new stake in KKR & Co Inc in the 3rd quarter valued at $164,000. 73.17% of the stock is currently owned by institutional investors and hedge funds.

KKR & Co Inc Company Profile

KKR & Co L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, and middle market investments.

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