Shares of KKR & Co Inc (NYSE:KKR) have been assigned a consensus rating of “Hold” from the thirteen brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $29.26.

Several analysts recently weighed in on the company. Barclays assumed coverage on KKR & Co Inc in a research report on Monday, August 5th. They set an “equal weight” rating and a $29.00 price objective for the company. ValuEngine upgraded KKR & Co Inc from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. Wells Fargo & Co upped their price objective on KKR & Co Inc from $31.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday. Citigroup set a $34.00 price objective on KKR & Co Inc and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Credit Suisse Group downgraded KKR & Co Inc from an “outperform” rating to a “neutral” rating and set a $29.00 price objective for the company. in a research report on Tuesday, May 21st.

Shares of KKR stock traded up $0.47 on Friday, hitting $28.52. 591,300 shares of the company’s stock were exchanged, compared to its average volume of 2,400,881. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.09 and a quick ratio of 1.09. KKR & Co Inc has a 12 month low of $18.30 and a 12 month high of $28.73. The stock has a market cap of $14.67 billion, a P/E ratio of 14.78, a price-to-earnings-growth ratio of 7.85 and a beta of 1.66. The company has a 50 day moving average of $25.73 and a 200 day moving average of $24.51.

KKR & Co Inc (NYSE:KKR) last announced its quarterly earnings data on Thursday, July 25th. The asset manager reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. The business had revenue of $528.00 million for the quarter, compared to the consensus estimate of $445.34 million. During the same quarter in the prior year, the company earned $0.49 earnings per share. KKR & Co Inc’s quarterly revenue was up 32.7% compared to the same quarter last year. Sell-side analysts predict that KKR & Co Inc will post 1.66 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 20th. Shareholders of record on Monday, August 5th were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, August 2nd. This represents a $0.50 dividend on an annualized basis and a yield of 1.75%. KKR & Co Inc’s payout ratio is presently 25.91%.

In other KKR & Co Inc news, major shareholder Genetic Disorder L.P. Kkr acquired 2,647,100 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was bought at an average price of $17.00 per share, with a total value of $45,000,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Fund Holdings L.P. Kkr sold 9,149,908 shares of KKR & Co Inc stock in a transaction on Monday, August 12th. The shares were sold at an average price of $30.52, for a total value of $279,255,192.16. The disclosure for this sale can be found here. 39.34% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Captrust Financial Advisors grew its stake in shares of KKR & Co Inc by 53.3% in the 2nd quarter. Captrust Financial Advisors now owns 1,401 shares of the asset manager’s stock valued at $35,000 after buying an additional 487 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of KKR & Co Inc by 29.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,212 shares of the asset manager’s stock valued at $52,000 after purchasing an additional 497 shares in the last quarter. ETF Managers Group LLC grew its position in shares of KKR & Co Inc by 9.4% during the first quarter. ETF Managers Group LLC now owns 7,144 shares of the asset manager’s stock valued at $168,000 after purchasing an additional 612 shares in the last quarter. IFM Investors Pty Ltd grew its position in shares of KKR & Co Inc by 2.3% during the second quarter. IFM Investors Pty Ltd now owns 32,230 shares of the asset manager’s stock valued at $814,000 after purchasing an additional 728 shares in the last quarter. Finally, Allen Investment Management LLC grew its position in shares of KKR & Co Inc by 1.5% during the first quarter. Allen Investment Management LLC now owns 50,471 shares of the asset manager’s stock valued at $1,186,000 after purchasing an additional 755 shares in the last quarter. 76.93% of the stock is owned by institutional investors.

About KKR & Co Inc

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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Analyst Recommendations for KKR & Co Inc (NYSE:KKR)

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