Sandy Cove Advisors LLC Has $268,000 Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Sandy Cove Advisors LLC boosted its position in KKR & Co. Inc. (NYSE:KKR) by 5.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,813 shares of the asset manager’s stock after purchasing an additional 91 shares during the period. Sandy Cove Advisors LLC’s holdings in KKR & Co. Inc. were worth $268,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of KKR. AdvisorNet Financial Inc lifted its position in shares of KKR & Co. Inc. by 417.8% in the fourth quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock valued at $322,000 after buying an additional 1,759 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in 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 period. Caldwell Investment Management Ltd. lifted its holdings in KKR & Co. Inc. by 2.9% during the 4th 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 during the last quarter. OneDigital Investment Advisors LLC boosted its position in KKR & Co. Inc. by 42.1% during the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock worth $1,976,000 after purchasing an additional 4,481 shares during the period. Finally, Sanctuary Advisors LLC increased its holdings in shares of KKR & Co. Inc. by 31.1% in the third quarter. Sanctuary Advisors LLC now owns 92,741 shares of the asset manager’s stock valued at $12,110,000 after purchasing an additional 22,007 shares during the last quarter. Institutional investors own 76.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Citigroup boosted their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Deutsche Bank Aktiengesellschaft upped their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Oppenheimer lifted their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Finally, The Goldman Sachs Group upped their price objective on KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and a consensus price target of $159.07.

KKR & Co. Inc. Trading Up 2.8 %

Shares of KKR stock opened at $157.58 on Friday. KKR & Co. Inc. has a fifty-two week low of $80.89 and a fifty-two week high of $163.68. The stock’s fifty day moving average price is $152.49 and its two-hundred day moving average price is $134.43. 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 cap of $139.97 billion, a PE ratio of 47.90, a P/E/G ratio of 0.84 and a beta of 1.66.

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

KKR & Co. Inc. Dividend Announcement

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

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.