Sapient Capital LLC Grows Position in KKR & Co. Inc. (NYSE:KKR)

Sapient Capital LLC boosted its position in KKR & Co. Inc. (NYSE:KKR) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 363,095 shares of the asset manager’s stock after purchasing an additional 4,963 shares during the period. KKR & Co. Inc. makes up approximately 1.0% of Sapient Capital LLC’s investment portfolio, making the stock its 18th biggest holding. Sapient Capital LLC’s holdings in KKR & Co. Inc. were worth $53,705,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. lifted its stake in shares of KKR & Co. Inc. by 17.8% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock worth $64,000 after acquiring an additional 65 shares during the last quarter. Ballentine Partners LLC lifted its position in shares of KKR & Co. Inc. by 1.2% during the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock worth $846,000 after purchasing an additional 70 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of KKR & Co. Inc. by 0.7% during the fourth 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 during the period. Calamos Wealth Management LLC grew its holdings in shares of KKR & Co. Inc. by 2.0% in the fourth quarter. Calamos Wealth Management LLC now owns 3,918 shares of the asset manager’s stock worth $580,000 after purchasing an additional 78 shares during the last quarter. Finally, Mather Group LLC. increased its stake in KKR & Co. Inc. by 7.9% in the 4th quarter. Mather Group LLC. now owns 1,064 shares of the asset manager’s stock worth $157,000 after buying an additional 78 shares during the period. Institutional investors own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. JMP Securities lifted 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 research note on Tuesday, October 29th. Evercore ISI lifted their target price on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Deutsche Bank Aktiengesellschaft increased their price target on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Oppenheimer lifted their price objective on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Finally, The Goldman Sachs Group increased their target price on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Price Performance

Shares of KKR stock opened at $147.87 on Tuesday. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week 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 firm has a market capitalization of $131.34 billion, a price-to-earnings ratio of 44.41, a PEG ratio of 1.05 and a beta of 1.67. The stock’s 50-day simple moving average is $153.85 and its 200-day simple moving average is $139.76.

KKR & Co. Inc. Dividend Announcement

The business also recently announced 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. This represents a $0.70 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio is presently 21.02%.

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.