FUKOKU MUTUAL LIFE INSURANCE Co Purchases 970 Shares of KKR & Co. Inc. (NYSE:KKR)

FUKOKU MUTUAL LIFE INSURANCE Co increased its position in shares of KKR & Co. Inc. (NYSE:KKR) by 18.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,373 shares of the asset manager’s stock after acquiring an additional 970 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in KKR & Co. Inc. were worth $943,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. AdvisorNet Financial Inc raised its stake in shares of KKR & Co. Inc. by 417.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock worth $322,000 after acquiring an additional 1,759 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of KKR & Co. Inc. by 8.9% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock valued at $7,559,000 after acquiring an additional 4,719 shares during the last quarter. Whalen Wealth Management Inc. purchased a new stake in KKR & Co. Inc. during the fourth quarter worth $667,000. Caldwell Investment Management Ltd. lifted its holdings in KKR & Co. Inc. by 2.9% during the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock valued at $31,477,000 after purchasing an additional 5,900 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its position in shares of KKR & Co. Inc. by 42.1% in the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock valued at $1,976,000 after buying an additional 4,481 shares during the last quarter. Institutional investors own 76.26% of the company’s stock.

Analyst Ratings Changes

KKR has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Wells Fargo & Company decreased their price objective on shares of KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and upped their target price for the company from $153.00 to $173.00 in a report on Thursday, January 30th. Keefe, Bruyette & Woods dropped their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Finally, Hsbc Global Res cut KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, KKR & Co. Inc. has an average rating of “Moderate Buy” and a consensus price target of $161.43.

KKR & Co. Inc. Trading Up 2.3 %

NYSE:KKR opened at $132.55 on Thursday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a 1-year low of $91.92 and a 1-year high of $170.40. The firm has a market capitalization of $117.73 billion, a price-to-earnings ratio of 39.80, a price-to-earnings-growth ratio of 1.00 and a beta of 1.67. The stock has a fifty day simple moving average of $149.40 and a 200 day simple moving average of $141.67.

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 is Friday, February 14th. This represents a $0.70 dividend on an annualized basis and a yield of 0.53%. KKR & Co. Inc.’s payout ratio is presently 21.02%.

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.