Wealth Enhancement Advisory Providers LLC lower its holdings in shares of KKR & Co. Inc. (NYSE:KKR – Free Report) by 0.1% in the course of the third quarter, in accordance with its most up-to-date disclosure with the Securities and Alternate Fee. The agency owned 119,688 shares of the asset supervisor’s inventory after promoting 75 shares in the course of the quarter. Wealth Enhancement Advisory Providers LLC’s holdings in KKR & Co. Inc. had been price $15,629,000 as of its most up-to-date SEC submitting.
Quite a lot of different hedge funds and different institutional buyers additionally not too long ago made adjustments to their positions within the enterprise. Advisor Useful resource Council acquired a brand new stake in KKR & Co. Inc. in the course of the first quarter price roughly $1,001,000. Janney Montgomery Scott LLC grew its holdings in shares of KKR & Co. Inc. by 6.8% in the course of the 1st quarter. Janney Montgomery Scott LLC now owns 100,550 shares of the asset supervisor’s inventory price $10,113,000 after buying a further 6,406 shares within the final quarter. Sei Investments Co. elevated its place in shares of KKR & Co. Inc. by 19.9% within the first quarter. Sei Investments Co. now owns 1,037,530 shares of the asset supervisor’s inventory price $104,355,000 after buying a further 171,902 shares in the course of the interval. Mirae Asset International Investments Co. Ltd. raised its stake in KKR & Co. Inc. by 42.7% within the first quarter. Mirae Asset International Investments Co. Ltd. now owns 41,814 shares of the asset supervisor’s inventory valued at $4,206,000 after buying a further 12,504 shares within the final quarter. Lastly, Swedbank AB lifted its place in KKR & Co. Inc. by 33.5% in the course of the second quarter. Swedbank AB now owns 65,432 shares of the asset supervisor’s inventory price $6,886,000 after buying a further 16,424 shares in the course of the interval. 76.26% of the inventory is at the moment owned by institutional buyers and hedge funds.
Insider Shopping for and Promoting at KKR & Co. Inc.
In associated information, main shareholder Kkr Group Partnership L.P. acquired 11,619,998 shares of the inventory in a transaction dated Wednesday, September eleventh. The inventory was purchased at a mean price of $11.13 per share, for a complete transaction of $129,330,577.74. Following the completion of the transaction, the insider now immediately owns 92,959,984 shares of the corporate’s inventory, valued at $1,034,644,621.92. The commerce was a 0.00 % enhance of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is out there at this hyperlink. In associated information, main shareholder Genetic Dysfunction L.P. Kkr bought 5,800,000 shares of the enterprise’s inventory in a transaction on Friday, September thirteenth. The shares had been bought at a mean value of $25.75, for a complete worth of $149,350,000.00. Following the transaction, the insider now owns 25,260,971 shares within the firm, valued at $650,470,003.25. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is out there at this hyperlink. Additionally, main shareholder Kkr Group Partnership L.P. bought 11,619,998 shares of the agency’s inventory in a transaction on Wednesday, September eleventh. The shares had been acquired at a mean value of $11.13 per share, with a complete worth of $129,330,577.74. Following the completion of the acquisition, the insider now owns 92,959,984 shares within the firm, valued at roughly $1,034,644,621.92. This commerce represents a 0.00 % enhance of their place. The disclosure for this buy might be discovered right here. Company insiders personal 39.34% of the corporate’s inventory.
KKR & Co. Inc. Inventory Up 0.6 %
Shares of NYSE KKR opened at $140.72 on Tuesday. The corporate has a 50 day easy transferring common of $128.90 and a 200 day easy transferring common of $114.48. The corporate has a debt-to-equity ratio of 0.86, a present ratio of 0.07 and a fast ratio of 0.07. KKR & Co. Inc. has a 1 12 months low of $54.14 and a 1 12 months excessive of $147.15. The agency has a market cap of $124.88 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.20 and a beta of 1.62.
KKR & Co. Inc. (NYSE:KKR – Get Free Report) final launched its quarterly earnings outcomes on Thursday, October twenty fourth. The asset supervisor reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.35. The agency had income of $4.79 billion in the course of the quarter, in comparison with the consensus estimate of $1.23 billion. KKR & Co. Inc. had a internet margin of 17.99% and a return on fairness of 5.05%. Throughout the identical quarter final 12 months, the agency earned $0.73 earnings per share. On common, analysis analysts forecast that KKR & Co. Inc. will submit 3.97 EPS for the present 12 months.
KKR & Co. Inc. Dividend Announcement
The enterprise additionally not too long ago introduced a quarterly dividend, which will probably be paid on Tuesday, November nineteenth. Shareholders of report on Monday, November 4th will probably be issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Monday, November 4th. KKR & Co. Inc.’s payout ratio is presently 15.70%.
Analyst Upgrades and Downgrades
A number of analysis corporations have commented on KKR. TD Cowen raised their goal value on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the corporate a “purchase” score in a report on Friday. Keefe, Bruyette & Woods reiterated an “outperform” score and set a $144.00 value goal (up beforehand from $125.00) on shares of KKR & Co. Inc. in a analysis report on Thursday, August 1st. Argus upgraded shares of KKR & Co. Inc. to a “strong-buy” score in a analysis report on Thursday, August 1st. Wells Fargo & Firm raised their goal value on KKR & Co. Inc. from $139.00 to $152.00 and gave the corporate an “equal weight” score in a report on Friday. Lastly, Deutsche Financial institution Aktiengesellschaft lifted their value goal on KKR & Co. Inc. from $128.00 to $141.00 and gave the corporate a “purchase” score in a analysis notice on Thursday, August 1st. One equities analysis analyst has rated the inventory with a promote score, two have given a maintain score, twelve have given a purchase score and two have issued a powerful purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, KKR & Co. Inc. has a consensus score of “Average Purchase” and a consensus goal value of $151.29.
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KKR & Co. Inc. Firm Profile
KKR & Co Inc is a non-public fairness and actual property funding agency specializing in direct and fund of fund investments. It focuses on acquisitions, leveraged buyouts, administration buyouts, credit score particular conditions, progress fairness, mature, mezzanine, distressed, turnaround, decrease center market and center market investments.
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