KKR & Co. Inc. (NYSE:KKR) Shares Purchased by West Wealth Group LLC

West Wealth Group LLC raised its position in KKR & Co. Inc. (NYSE:KKR) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,299 shares of the asset manager’s stock after acquiring an additional 108 shares during the quarter. West Wealth Group LLC’s holdings in KKR & Co. Inc. were worth $340,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC acquired a new position in shares of KKR & Co. Inc. during the 3rd quarter worth about $31,000. Raleigh Capital Management Inc. boosted its holdings in KKR & Co. Inc. by 56.7% in the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock valued at $31,000 after purchasing an additional 85 shares in the last quarter. Eastern Bank purchased a new position in KKR & Co. Inc. in the third quarter valued at approximately $34,000. Truvestments Capital LLC purchased a new stake in shares of KKR & Co. Inc. during the 3rd quarter worth approximately $40,000. Finally, Bank of New Hampshire acquired a new position in shares of KKR & Co. Inc. in the 4th quarter valued at $45,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

KKR & Co. Inc. Stock Up 0.1 %

KKR stock opened at $165.46 on Monday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. The company’s 50-day moving average price is $153.47 and its 200 day moving average price is $136.40. KKR & Co. Inc. has a 52 week low of $83.37 and a 52 week high of $165.83. The company has a market cap of $146.96 billion, a P/E ratio of 50.29, a P/E/G ratio of 0.93 and a beta of 1.66.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 EPS for the quarter, topping 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 quarter in the previous year, the company earned $0.73 EPS. On average, research analysts expect that KKR & Co. Inc. will post 4.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Barclays upped their target price on KKR & Co. Inc. from $166.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. 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 report on Friday, October 25th. Citigroup upped their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods lowered their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Finally, Wells Fargo & Company dropped their price objective on shares of KKR & Co. Inc. from $163.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.