Morgan Stanley Has Lowered Expectations for KKR & Co. Inc. (NYSE:KKR) Stock Price

KKR & Co. Inc. (NYSE:KKR) had its price target decreased by analysts at Morgan Stanley from $157.00 to $156.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the asset manager’s stock. Morgan Stanley’s target price suggests a potential upside of 0.82% from the company’s current price.

KKR has been the topic of a number of other reports. Oppenheimer lifted their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Hsbc Global Res downgraded KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. 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 note on Tuesday, October 29th. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Finally, Barclays decreased their price objective on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a report on Wednesday. One analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Trading Up 0.6 %

Shares of NYSE KKR opened at $154.74 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. KKR & Co. Inc. has a 52-week low of $91.92 and a 52-week high of $170.40. The firm has a 50 day moving average price of $154.42 and a two-hundred day moving average price of $139.03. The stock has a market cap of $137.44 billion, a P/E ratio of 47.02, a price-to-earnings-growth ratio of 0.96 and a beta of 1.67.

Hedge Funds Weigh In On KKR & Co. Inc.

A number of hedge funds have recently modified their holdings of the company. Fidelis Capital Partners LLC increased its stake in shares of KKR & Co. Inc. by 30.9% during the fourth quarter. Fidelis Capital Partners LLC now owns 7,428 shares of the asset manager’s stock valued at $1,212,000 after buying an additional 1,754 shares during the period. DJE Kapital AG purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $9,521,000. Jones Financial Companies Lllp increased its stake in shares of KKR & Co. Inc. by 36.7% during the fourth quarter. Jones Financial Companies Lllp now owns 18,376 shares of the asset manager’s stock valued at $2,718,000 after buying an additional 4,930 shares during the period. Bailard Inc. purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $206,000. Finally, Norden Group LLC purchased a new position in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $309,000. Hedge funds and other institutional investors own 76.26% of the company’s stock.

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.