GMT Capital Corp decreased its holdings in KKR & Co. L.P. (NYSE:KKR) by 87.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 609,500 shares of the asset manager’s stock after selling 4,283,800 shares during the period. GMT Capital Corp owned about 0.13% of KKR & Co. L.P. worth $12,391,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Linscomb & Williams Inc. raised its stake in KKR & Co. L.P. by 0.3% in the second quarter. Linscomb & Williams Inc. now owns 16,177 shares of the asset manager’s stock worth $301,000 after buying an additional 53 shares in the last quarter. Laurel Wealth Advisors Inc. raised its stake in KKR & Co. L.P. by 0.6% in the second quarter. Laurel Wealth Advisors Inc. now owns 10,917 shares of the asset manager’s stock worth $203,000 after buying an additional 67 shares in the last quarter. Freestone Capital Holdings LLC raised its stake in KKR & Co. L.P. by 0.7% in the second quarter. Freestone Capital Holdings LLC now owns 13,951 shares of the asset manager’s stock worth $259,000 after buying an additional 101 shares in the last quarter. Advisory Services Network LLC raised its stake in KKR & Co. L.P. by 1.8% in the second quarter. Advisory Services Network LLC now owns 6,405 shares of the asset manager’s stock worth $119,000 after buying an additional 115 shares in the last quarter. Finally, Adell Harriman & Carpenter Inc. raised its stake in KKR & Co. L.P. by 1.8% in the second quarter. Adell Harriman & Carpenter Inc. now owns 38,800 shares of the asset manager’s stock worth $722,000 after buying an additional 700 shares in the last quarter. 62.88% of the stock is owned by institutional investors.

KKR & Co. L.P. (NYSE:KKR) opened at $19.51 on Friday. The stock has a market capitalization of $9,322.21, a price-to-earnings ratio of 8.49, a PEG ratio of 0.62 and a beta of 1.54. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. KKR & Co. L.P. has a 12-month low of $15.14 and a 12-month high of $20.76.

KKR & Co. L.P. (NYSE:KKR) last issued its quarterly earnings results on Thursday, October 26th. The asset manager reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.06). The business had revenue of $356.00 million for the quarter, compared to analyst estimates of $314.80 million. KKR & Co. L.P. had a return on equity of 9.39% and a net margin of 35.65%. The business’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. equities research analysts anticipate that KKR & Co. L.P. will post 2.43 EPS for the current year.

The company also recently announced a dividend, which was paid on Tuesday, November 21st. Investors of record on Monday, November 6th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, November 3rd. KKR & Co. L.P.’s payout ratio is 34.34%.

A number of equities analysts have recently issued reports on the company. Morgan Stanley upped their price target on KKR & Co. L.P. from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 5th. TheStreet downgraded KKR & Co. L.P. from a “b” rating to a “c+” rating in a research report on Thursday, October 26th. ValuEngine raised KKR & Co. L.P. from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 30th. Zacks Investment Research downgraded KKR & Co. L.P. from a “buy” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $27.00 price target on shares of KKR & Co. L.P. in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. KKR & Co. L.P. has a consensus rating of “Buy” and an average price target of $21.80.

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KKR & Co. L.P. Profile

KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.

Institutional Ownership by Quarter for KKR & Co. L.P. (NYSE:KKR)

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