Gideon Capital Advisors Inc. purchased a new stake in shares of KKR & Co Inc (NYSE:KKR) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,183 shares of the asset manager’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kayne Anderson Capital Advisors LP bought a new stake in KKR & Co Inc during the fourth quarter valued at about $1,754,000. Redwood Investment Management LLC grew its holdings in KKR & Co Inc by 2.9% during the fourth quarter. Redwood Investment Management LLC now owns 37,095 shares of the asset manager’s stock valued at $728,000 after purchasing an additional 1,042 shares during the period. United Services Automobile Association grew its holdings in KKR & Co Inc by 3.7% during the fourth quarter. United Services Automobile Association now owns 81,834 shares of the asset manager’s stock valued at $1,606,000 after purchasing an additional 2,890 shares during the period. Hsbc Holdings PLC grew its holdings in KKR & Co Inc by 44.8% during the fourth quarter. Hsbc Holdings PLC now owns 61,251 shares of the asset manager’s stock valued at $1,203,000 after purchasing an additional 18,947 shares during the period. Finally, Next Capital Management LLC bought a new stake in KKR & Co Inc during the fourth quarter valued at about $363,000. Institutional investors own 72.85% of the company’s stock.

A number of equities analysts have recently weighed in on the company. ValuEngine lowered KKR & Co Inc from a “buy” rating to a “hold” rating in a research note on Friday, November 16th. Deutsche Bank dropped their price objective on KKR & Co Inc from $25.00 to $23.00 and set a “hold” rating for the company in a research note on Friday, November 16th. Zacks Investment Research lowered KKR & Co Inc from a “hold” rating to a “sell” rating in a research note on Wednesday, January 9th. Morgan Stanley set a $22.00 price objective on KKR & Co Inc and gave the stock a “hold” rating in a research note on Friday, January 4th. Finally, Citigroup dropped their price objective on KKR & Co Inc from $33.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, December 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $30.11.

NYSE KKR opened at $24.16 on Friday. The stock has a market capitalization of $12.89 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 3.07 and a beta of 1.66. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.09 and a quick ratio of 1.09. KKR & Co Inc has a twelve month low of $18.30 and a twelve month high of $28.73.

KKR & Co Inc (NYSE:KKR) last announced its quarterly earnings results on Friday, February 1st. The asset manager reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. KKR & Co Inc had a return on equity of 6.86% and a net margin of 48.08%. The company had revenue of $541.58 million during the quarter, compared to analyst estimates of $489.48 million. During the same period in the prior year, the company earned $0.45 earnings per share. Equities research analysts predict that KKR & Co Inc will post 1.78 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 26th. Investors of record on Monday, February 11th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend was Friday, February 8th. KKR & Co Inc’s payout ratio is presently 25.91%.

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KKR & Co Inc 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, lower middle market and middle market investments.

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Institutional Ownership by Quarter for KKR & Co Inc (NYSE:KKR)

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