Dakota Wealth Management Sells 1,161 Shares of KKR & Co. Inc. (NYSE:KKR)

Dakota Wealth Management reduced its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 7.9% during the 4th quarter, HoldingsChannel reports. The fund owned 13,582 shares of the asset manager’s stock after selling 1,161 shares during the period. Dakota Wealth Management’s holdings in KKR & Co. Inc. were worth $2,009,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new stake in KKR & Co. Inc. during the third quarter worth approximately $31,000. Raleigh Capital Management Inc. increased its stake in KKR & Co. Inc. by 56.7% during the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after acquiring an additional 85 shares during the last quarter. Eastern Bank bought a new stake in KKR & Co. Inc. during the third quarter worth approximately $34,000. Truvestments Capital LLC bought a new stake in KKR & Co. Inc. during the third quarter worth approximately $40,000. Finally, Bank of New Hampshire bought a new position in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $45,000. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Stock Up 2.4 %

KKR & Co. Inc. stock opened at $165.33 on Friday. The business has a fifty day moving average of $152.86 and a two-hundred day moving average of $135.56. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The firm has a market cap of $146.85 billion, a P/E ratio of 50.25, a P/E/G ratio of 0.92 and a beta of 1.66. KKR & Co. Inc. has a twelve month low of $83.01 and a twelve month high of $165.43.

KKR & Co. Inc. (NYSE:KKR) last posted its earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. The company had revenue of $4.79 billion during 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 quarter in the prior year, the business earned $0.73 earnings per share. On average, analysts forecast that KKR & Co. Inc. will post 4.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

KKR has been the topic of a number of analyst reports. 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 note on Monday, November 11th. TD Cowen upped their target price on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a research note on Friday, October 25th. StockNews.com raised KKR & Co. Inc. to a “sell” rating in a research note on Friday, October 25th. Morgan Stanley upped their target price on KKR & Co. Inc. from $107.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, October 10th. Finally, Oppenheimer upped their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $159.07.

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.