Strategic Blueprint LLC Reduces Position in KKR & Co. Inc. (NYSE:KKR)

Strategic Blueprint LLC trimmed its position in KKR & Co. Inc. (NYSE:KKR) by 6.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,098 shares of the asset manager’s stock after selling 3,317 shares during the period. Strategic Blueprint LLC’s holdings in KKR & Co. Inc. were worth $6,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KKR. AXA S.A. increased its holdings in shares of KKR & Co. Inc. by 180.6% in the second quarter. AXA S.A. now owns 15,243 shares of the asset manager’s stock valued at $1,604,000 after purchasing an additional 9,810 shares during the period. AQR Capital Management LLC boosted its position in KKR & Co. Inc. by 67.3% in the second quarter. AQR Capital Management LLC now owns 31,947 shares of the asset manager’s stock valued at $3,362,000 after buying an additional 12,856 shares during the last quarter. Mackenzie Financial Corp increased its holdings in KKR & Co. Inc. by 58.8% in the 2nd quarter. Mackenzie Financial Corp now owns 62,344 shares of the asset manager’s stock worth $6,561,000 after buying an additional 23,080 shares during the period. Creative Planning raised its position in KKR & Co. Inc. by 14.3% during the 2nd quarter. Creative Planning now owns 60,163 shares of the asset manager’s stock worth $6,332,000 after buying an additional 7,505 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in KKR & Co. Inc. by 6.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 44,822 shares of the asset manager’s stock valued at $4,717,000 after acquiring an additional 2,873 shares during the period. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Up 0.5 %

Shares of NYSE KKR opened at $167.85 on Wednesday. The firm has a market cap of $149.09 billion, a price-to-earnings ratio of 51.09, a price-to-earnings-growth ratio of 0.93 and a beta of 1.66. The company’s 50-day simple moving average is $153.64 and its 200-day simple moving average is $136.96. 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 52-week low of $85.19 and a 52-week high of $167.98.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on KKR. TD Cowen increased their price objective 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. Oppenheimer lifted their price objective 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. Keefe, Bruyette & Woods lowered their target price on KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, Wells Fargo & Company decreased their price target on KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $159.07.

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.