Baker Tilly Wealth Management LLC Has $871,000 Stake in KKR & Co. Inc. (NYSE:KKR)

Baker Tilly Wealth Management LLC grew its stake in KKR & Co. Inc. (NYSE:KKR) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,886 shares of the asset manager’s stock after buying an additional 81 shares during the period. Baker Tilly Wealth Management LLC’s holdings in KKR & Co. Inc. were worth $871,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew 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 buying an additional 4,719 shares during the last quarter. XTX Topco Ltd boosted its holdings in KKR & Co. Inc. by 116.8% during the second quarter. XTX Topco Ltd now owns 29,619 shares of the asset manager’s stock valued at $3,117,000 after acquiring an additional 15,959 shares during the period. OneDigital Investment Advisors LLC grew its position in shares of KKR & Co. Inc. by 42.1% in the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock valued at $1,976,000 after purchasing an additional 4,481 shares during the last quarter. Sanctuary Advisors LLC increased its stake 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 worth $12,110,000 after purchasing an additional 22,007 shares during the period. Finally, Caldwell Investment Management Ltd. lifted its position in shares of KKR & Co. Inc. by 3.3% during the 3rd quarter. Caldwell Investment Management Ltd. now owns 206,500 shares of the asset manager’s stock worth $27,273,000 after purchasing an additional 6,500 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on KKR. Hsbc Global Res raised KKR & Co. Inc. to a “strong-buy” rating in a report on Wednesday, September 18th. Oppenheimer raised their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Citigroup increased their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a report on Friday, October 25th. Keefe, Bruyette & Woods boosted their price objective on shares of KKR & Co. Inc. from $163.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, December 20th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $160.07.

KKR & Co. Inc. Price Performance

KKR stock traded down $6.24 during trading on Friday, hitting $142.00. 808,194 shares of the stock traded hands, compared to its average volume of 2,494,251. The stock has a market cap of $126.13 billion, a price-to-earnings ratio of 43.16, a P/E/G ratio of 1.22 and a beta of 1.66. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a one year low of $80.20 and a one year high of $163.68. The company has a 50 day simple moving average of $152.12 and a 200 day simple moving average of $132.49.

KKR & Co. Inc. (NYSE:KKR) last posted its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.35. The company had revenue of $4.79 billion for the quarter, compared to the consensus estimate 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 posted $0.73 EPS. Equities analysts expect that KKR & Co. Inc. will post 4.16 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Investors 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 dividend on an annualized basis and a dividend yield of 0.49%. KKR & Co. Inc.’s payout ratio is presently 21.28%.

KKR & Co. Inc. Profile

KKR & Co Inc 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.