B & T Capital Management DBA Alpha Capital Management Lowers Holdings in KKR & Co. Inc. (NYSE:KKR)

B & T Capital Management DBA Alpha Capital Management lowered its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,744 shares of the asset manager’s stock after selling 6,912 shares during the quarter. KKR & Co. Inc. makes up 2.0% of B & T Capital Management DBA Alpha Capital Management’s portfolio, making the stock its 12th biggest holding. B & T Capital Management DBA Alpha Capital Management’s holdings in KKR & Co. Inc. were worth $11,055,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC raised its position 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 buying an additional 73 shares during the last quarter. Dudley Capital Management LLC increased its holdings in KKR & Co. Inc. by 2.7% in the 3rd quarter. Dudley Capital Management LLC now owns 3,095 shares of the asset manager’s stock valued at $404,000 after acquiring an additional 80 shares during the last quarter. FWG Holdings LLC lifted its stake in KKR & Co. Inc. by 1.6% in the 3rd quarter. FWG Holdings LLC now owns 5,096 shares of the asset manager’s stock worth $717,000 after purchasing an additional 80 shares in the last quarter. Sigma Planning Corp boosted its holdings in shares of KKR & Co. Inc. by 1.3% during the 3rd quarter. Sigma Planning Corp now owns 6,489 shares of the asset manager’s stock valued at $847,000 after purchasing an additional 81 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC increased its holdings in shares of KKR & Co. Inc. by 1.4% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 5,886 shares of the asset manager’s stock worth $871,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 76.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on KKR shares. Wells Fargo & Company dropped their price target on KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating for the company in a research note on Tuesday. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Citigroup increased their price objective on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Evercore ISI boosted their target price on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Finally, Morgan Stanley increased their price target on shares of KKR & Co. Inc. from $107.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and an average target price of $159.07.

KKR & Co. Inc. Stock Up 2.8 %

Shares of KKR opened at $157.58 on Friday. The firm has a fifty day moving average price of $152.49 and a 200-day moving average price of $134.23. 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 firm has a market capitalization of $139.97 billion, a P/E ratio of 47.90, a P/E/G ratio of 0.84 and a beta of 1.66. KKR & Co. Inc. has a 12-month low of $80.89 and a 12-month high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.35. The company had revenue of $4.79 billion during the quarter, compared to analysts’ expectations of $1.23 billion. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. During the same period in the previous year, the company earned $0.73 EPS. Equities research analysts expect that KKR & Co. Inc. will post 4.13 earnings per share for the current year.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Monday, November 4th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.70 annualized dividend and a yield of 0.44%. KKR & Co. Inc.’s payout ratio is currently 21.28%.

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.