KKR & Co. Inc. (NYSE:KKR) Shares Bought by West Wealth Group LLC

West Wealth Group LLC raised its holdings in KKR & Co. Inc. (NYSE:KKR) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,299 shares of the asset manager’s stock after purchasing an additional 108 shares during the period. West Wealth Group LLC’s holdings in KKR & Co. Inc. were worth $340,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of KKR. AXA S.A. lifted its stake in shares of KKR & Co. Inc. by 180.6% during the 2nd quarter. AXA S.A. now owns 15,243 shares of the asset manager’s stock worth $1,604,000 after purchasing an additional 9,810 shares during the period. AQR Capital Management LLC grew its stake in KKR & Co. Inc. by 67.3% during the second quarter. AQR Capital Management LLC now owns 31,947 shares of the asset manager’s stock worth $3,362,000 after buying an additional 12,856 shares during the period. Mackenzie Financial Corp lifted its stake in shares of KKR & Co. Inc. by 58.8% during the second quarter. Mackenzie Financial Corp now owns 62,344 shares of the asset manager’s stock worth $6,561,000 after purchasing an additional 23,080 shares in the last quarter. Driehaus Capital Management LLC boosted its position in shares of KKR & Co. Inc. by 25.2% in the second quarter. Driehaus Capital Management LLC now owns 12,187 shares of the asset manager’s stock worth $1,283,000 after buying an additional 2,450 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of KKR & Co. Inc. in the second quarter valued at about $3,958,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Trading Up 0.1 %

Shares of NYSE KKR opened at $165.46 on Monday. KKR & Co. Inc. has a 12-month low of $83.37 and a 12-month high of $165.83. The company has a market cap of $146.96 billion, a price-to-earnings ratio of 50.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.66. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The stock’s 50 day simple moving average is $153.47 and its 200 day simple moving average is $136.40.

KKR & Co. Inc. (NYSE:KKR) last posted its earnings results 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 net margin of 13.21% and a return on equity of 5.77%. The firm had revenue of $4.79 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the firm earned $0.73 EPS. Equities research analysts expect that KKR & Co. Inc. will post 4.13 EPS for the current year.

Analyst Ratings Changes

KKR has been the subject of a number of analyst reports. TD Cowen upped their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a report on Friday, October 25th. JMP Securities raised their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a report on Tuesday, October 29th. Morgan Stanley lifted their price target on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 10th. Barclays upped their price objective on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Finally, Citigroup lifted their target price on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. One 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $159.07.

KKR & Co. Inc. 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.