KKR & Co. Inc. (NYSE:KKR) Shares Sold by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC reduced its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 36.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,560 shares of the asset manager’s stock after selling 898 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in KKR & Co. Inc. were worth $231,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in KKR & Co. Inc. by 67.3% during the 2nd quarter. AQR Capital Management LLC now owns 31,947 shares of the asset manager’s stock worth $3,362,000 after purchasing an additional 12,856 shares during the period. Creative Planning grew its holdings in shares of KKR & Co. Inc. by 14.3% during the second 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. Northwestern Mutual Wealth Management Co. raised 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 last quarter. Sunbelt Securities Inc. lifted its position in KKR & Co. Inc. by 51.5% during the 2nd quarter. Sunbelt Securities Inc. now owns 3,440 shares of the asset manager’s stock worth $362,000 after acquiring an additional 1,169 shares during the period. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of KKR & Co. Inc. by 2.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 20,215 shares of the asset manager’s stock valued at $2,127,000 after purchasing an additional 429 shares during the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KKR. Evercore ISI boosted their price target on shares of KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Citigroup increased their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Morgan Stanley raised their price objective on shares of 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. Keefe, Bruyette & Woods reduced their price target on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Finally, Barclays boosted their price target on KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. One 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. 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. Stock Performance

NYSE KKR opened at $166.49 on Thursday. 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 stock has a market cap of $147.88 billion, a price-to-earnings ratio of 50.60, a price-to-earnings-growth ratio of 0.93 and a beta of 1.66. KKR & Co. Inc. has a fifty-two week low of $85.19 and a fifty-two week high of $170.16. The business has a fifty day moving average of $153.93 and a 200-day moving average of $137.36.

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.