Schwarz Dygos Wheeler Investment Advisors LLC grew its position in KKR & Co Inc (NYSE:KKR) by 8.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,800 shares of the asset manager’s stock after buying an additional 1,000 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in KKR & Co Inc were worth $373,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in KKR. Kingstown Capital Management L.P. increased its holdings in shares of KKR & Co Inc by 11.1% during the 3rd quarter. Kingstown Capital Management L.P. now owns 1,250,000 shares of the asset manager’s stock valued at $33,563,000 after acquiring an additional 125,000 shares during the last quarter. Maverick Capital Ltd. increased its holdings in KKR & Co Inc by 6.7% in the 3rd quarter. Maverick Capital Ltd. now owns 2,054,800 shares of the asset manager’s stock worth $55,171,000 after acquiring an additional 129,228 shares in the last quarter. Soros Fund Management LLC purchased a new stake in shares of KKR & Co Inc during the third quarter worth $8,176,000. IHT Wealth Management LLC purchased a new stake in shares of KKR & Co Inc during the third quarter worth $220,000. Finally, Family Management Corp grew its holdings in shares of KKR & Co Inc by 35.6% during the third quarter. Family Management Corp now owns 14,241 shares of the asset manager’s stock worth $382,000 after buying an additional 3,738 shares in the last quarter. Institutional investors and hedge funds own 77.93% of the company’s stock.
In other KKR & Co Inc news, major shareholder Fund Holdings L.P. Kkr purchased 155,000 shares of the stock in a transaction on Monday, November 4th. The shares were purchased at an average price of $16.00 per share, with a total value of $2,480,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 39.34% of the stock is owned by insiders.
KKR & Co Inc (NYSE:KKR) last released its quarterly earnings data on Tuesday, October 29th. The asset manager reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.04. The firm had revenue of $445.90 million during the quarter, compared to analyst estimates of $456.46 million. The business’s revenue for the quarter was down 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 earnings per share. On average, research analysts forecast that KKR & Co Inc will post 1.66 EPS for the current year.
KKR has been the subject of several recent analyst reports. Goldman Sachs Group lifted their price target on KKR & Co Inc from $34.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, September 19th. BMO Capital Markets initiated coverage on KKR & Co Inc in a report on Monday, October 7th. They issued an “outperform” rating and a $40.00 price target for the company. ValuEngine cut KKR & Co Inc from a “buy” rating to a “hold” rating in a report on Thursday, October 10th. Barclays restated a “hold” rating and issued a $31.00 price target on shares of KKR & Co Inc in a report on Wednesday, December 11th. Finally, Zacks Investment Research cut KKR & Co Inc from a “buy” rating to a “hold” rating in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $34.00.
KKR & Co Inc Company Profile
KKR & Co L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.
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