KKR & Co. Inc. $KKR Shares Acquired by NewSquare Capital LLC

NewSquare Capital LLC boosted its holdings in KKR & Co. Inc. (NYSE:KKR) by 332.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 610 shares of the asset manager’s stock after purchasing an additional 469 shares during the quarter. NewSquare Capital LLC’s holdings in KKR & Co. Inc. were worth $81,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KKR. National Bank of Canada FI lifted its holdings in shares of KKR & Co. Inc. by 44.0% in the 1st quarter. National Bank of Canada FI now owns 778,692 shares of the asset manager’s stock valued at $90,078,000 after purchasing an additional 237,987 shares during the last quarter. Aberdeen Group plc lifted its holdings in shares of KKR & Co. Inc. by 4.1% in the 2nd quarter. Aberdeen Group plc now owns 277,609 shares of the asset manager’s stock valued at $36,885,000 after purchasing an additional 10,960 shares during the last quarter. First Interstate Bank acquired a new stake in shares of KKR & Co. Inc. in the second quarter valued at approximately $3,115,000. Valeo Financial Advisors LLC boosted its holdings in shares of KKR & Co. Inc. by 39.6% in the first quarter. Valeo Financial Advisors LLC now owns 7,076 shares of the asset manager’s stock valued at $818,000 after acquiring an additional 2,006 shares during the period. Finally, CWM LLC boosted its holdings in shares of KKR & Co. Inc. by 4.6% in the first quarter. CWM LLC now owns 8,987 shares of the asset manager’s stock valued at $1,039,000 after acquiring an additional 398 shares during the period. 76.26% of the stock is owned by institutional investors and hedge funds.

KKR & Co. Inc. Trading Up 0.4%

KKR & Co. Inc. stock opened at $118.12 on Wednesday. The stock has a market cap of $105.24 billion, a PE ratio of 54.94, a P/E/G ratio of 1.33 and a beta of 1.91. The stock has a 50-day moving average price of $131.07 and a 200 day moving average price of $130.67. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week high of $170.40. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.77.

Insider Buying and Selling

In other news, Chairman George R. Roberts sold 809,906 shares of the business’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $144.25, for a total transaction of $116,828,940.50. Following the completion of the sale, the chairman owned 81,361,978 shares in the company, valued at approximately $11,736,465,326.50. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 39.34% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. BMO Capital Markets started coverage on KKR & Co. Inc. in a report on Friday, October 3rd. They issued an “outperform” rating and a $148.00 price objective for the company. Oppenheimer decreased their price target on KKR & Co. Inc. from $166.00 to $164.00 and set an “outperform” rating for the company in a report on Tuesday, October 14th. Citizens Jmp downgraded KKR & Co. Inc. from an “outperform” rating to a “market perform” rating in a report on Monday, July 14th. Evercore ISI increased their price target on KKR & Co. Inc. from $130.00 to $150.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. Finally, HSBC downgraded KKR & Co. Inc. from a “buy” rating to a “hold” rating and set a $142.00 price target for the company. in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, KKR & Co. Inc. currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.27.

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.