KKR & Co. Inc. (NYSE:KKR) Holdings Lifted by Forsta AP Fonden

Forsta AP Fonden raised its position in KKR & Co. Inc. (NYSE:KKR) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 197,700 shares of the asset manager’s stock after purchasing an additional 2,800 shares during the quarter. Forsta AP Fonden’s holdings in KKR & Co. Inc. were worth $29,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. raised its stake in shares of KKR & Co. Inc. by 3,757.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 552,907 shares of the asset manager’s stock worth $72,199,000 after buying an additional 538,573 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in KKR & Co. Inc. by 1,181.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 544,017 shares of the asset manager’s stock worth $71,038,000 after buying an additional 501,579 shares during the last quarter. State Street Corp lifted its position in shares of KKR & Co. Inc. by 1.8% during the 3rd quarter. State Street Corp now owns 26,703,762 shares of the asset manager’s stock valued at $3,486,977,000 after acquiring an additional 481,686 shares during the last quarter. Geode Capital Management LLC increased its stake in KKR & Co. Inc. by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 13,589,852 shares of the asset manager’s stock worth $1,768,788,000 after purchasing an additional 355,837 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of KKR & Co. Inc. by 11,197.2% in the 3rd quarter. International Assets Investment Management LLC now owns 342,982 shares of the asset manager’s stock valued at $44,787,000 after acquiring an additional 339,946 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

NYSE:KKR opened at $167.11 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market cap of $148.43 billion, a P/E ratio of 50.79, a PEG ratio of 0.93 and a beta of 1.66. The company has a fifty day moving average price of $153.64 and a 200 day moving average price of $136.96. KKR & Co. Inc. has a one year low of $85.19 and a one year high of $167.50.

Analyst Ratings Changes

Several analysts have issued reports on the stock. JMP Securities boosted their target price on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 29th. Keefe, Bruyette & Woods decreased their target price on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Wells Fargo & Company cut their price objective 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. Oppenheimer upped their target price on KKR & Co. Inc. from $153.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Finally, Evercore ISI increased their price objective on KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, KKR & Co. Inc. has a consensus rating of “Moderate Buy” and a consensus price target of $159.07.

About KKR & Co. Inc.

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.