American Capital Advisory LLC Sells 2,000 Shares of KKR & Co. Inc. (NYSE:KKR)

American Capital Advisory LLC cut its holdings in KKR & Co. Inc. (NYSE:KKR) by 76.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 625 shares of the asset manager’s stock after selling 2,000 shares during the period. American Capital Advisory LLC’s holdings in KKR & Co. Inc. were worth $92,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Kingsview Wealth Management LLC increased its stake in shares of KKR & Co. Inc. by 15.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 2,253 shares of the asset manager’s stock worth $333,000 after purchasing an additional 302 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in KKR & Co. Inc. by 78.5% during the fourth quarter. Apollon Wealth Management LLC now owns 13,343 shares of the asset manager’s stock valued at $1,974,000 after purchasing an additional 5,869 shares during the period. Byrne Asset Management LLC purchased a new stake in KKR & Co. Inc. in the fourth quarter worth about $3,306,000. Conning Inc. bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth about $353,000. Finally, SMART Wealth LLC purchased a new position in shares of KKR & Co. Inc. during the 4th quarter valued at about $555,000. 76.26% of the stock is currently owned by institutional investors.

KKR & Co. Inc. Stock Down 1.9 %

NYSE KKR opened at $148.65 on Friday. The stock has a 50 day moving average price of $154.13 and a 200-day moving average price of $139.22. KKR & Co. Inc. has a one year low of $91.92 and a one year high of $170.40. 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 company has a market capitalization of $132.03 billion, a P/E ratio of 44.64, a P/E/G ratio of 1.05 and a beta of 1.67.

KKR & Co. Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 0.47%. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.02%.

Analyst Upgrades and Downgrades

KKR has been the topic of a number of recent analyst reports. Evercore ISI raised their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. StockNews.com upgraded shares of KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. Hsbc Global Res cut shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 30th. Barclays cut their price target on KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Citigroup boosted their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

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.