B & T Capital Management DBA Alpha Capital Management Sells 6,912 Shares of KKR & Co. Inc. (NYSE:KKR)

B & T Capital Management DBA Alpha Capital Management lessened its holdings in KKR & Co. Inc. (NYSE:KKR) by 8.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,744 shares of the asset manager’s stock after selling 6,912 shares during the quarter. KKR & Co. Inc. comprises 2.0% of B & T Capital Management DBA Alpha Capital Management’s portfolio, making the stock its 12th largest position. B & T Capital Management DBA Alpha Capital Management’s holdings in KKR & Co. Inc. were worth $11,055,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in KKR. Wealthcare Advisory Partners LLC increased its stake in KKR & Co. Inc. by 0.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager’s stock valued at $1,623,000 after purchasing an additional 73 shares in the last quarter. Dudley Capital Management LLC increased its position in shares of KKR & Co. Inc. by 2.7% during the third quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock valued at $404,000 after acquiring an additional 80 shares in the last quarter. FWG Holdings LLC raised its holdings in KKR & Co. Inc. by 1.6% in the 3rd quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock worth $717,000 after acquiring an additional 80 shares during the last quarter. Sigma Planning Corp lifted its position in KKR & Co. Inc. by 1.3% in the 3rd quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock valued at $847,000 after acquiring an additional 81 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC boosted its stake in KKR & Co. Inc. by 1.4% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 5,886 shares of the asset manager’s stock valued at $871,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

Shares of KKR & Co. Inc. stock opened at $157.58 on Friday. The stock has a market cap of $139.97 billion, a P/E ratio of 47.90, a P/E/G ratio of 0.84 and a beta of 1.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The stock’s fifty day moving average is $152.49 and its 200 day moving average is $134.23. KKR & Co. Inc. has a one year low of $80.89 and a one year high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last posted its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, topping the consensus estimate of $1.03 by $0.35. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. The firm had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the company earned $0.73 earnings per share. Sell-side analysts anticipate that KKR & Co. Inc. will post 4.13 earnings per share for the current year.

KKR & Co. Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Monday, November 4th were issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio is currently 21.28%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KKR shares. Evercore ISI boosted their price target on KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. JMP Securities boosted their target price on KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 29th. Keefe, Bruyette & Woods dropped their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Citigroup lifted their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $159.07.

About KKR & Co. Inc.

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.