PNC Monetary Providers Group Inc. lifted its holdings in shares of KKR & Co. Inc. (NYSE:KKR – Free Report) by 11.9% within the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The agency owned 203,294 shares of the asset supervisor’s inventory after shopping for a further 21,648 shares through the quarter. PNC Monetary Providers Group Inc.’s holdings in KKR & Co. Inc. had been value $26,546,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers and hedge funds additionally just lately added to or lowered their stakes in KKR. Raleigh Capital Administration Inc. elevated its place in shares of KKR & Co. Inc. by 56.7% through the third quarter. Raleigh Capital Administration Inc. now owns 235 shares of the asset supervisor’s inventory value $31,000 after buying a further 85 shares over the last quarter. ORG Wealth Companions LLC bought a brand new stake in KKR & Co. Inc. through the third quarter value roughly $31,000. Versant Capital Administration Inc elevated its place in shares of KKR & Co. Inc. by 622.9% through the second quarter. Versant Capital Administration Inc now owns 253 shares of the asset supervisor’s inventory value $27,000 after buying a further 218 shares through the interval. Japanese Financial institution acquired a brand new stake in shares of KKR & Co. Inc. within the third quarter valued at $34,000. Lastly, Mather Group LLC. boosted its holdings in KKR & Co. Inc. by 371.4% within the second quarter. Mather Group LLC. now owns 264 shares of the asset supervisor’s inventory valued at $27,000 after buying a further 208 shares through the interval. Hedge funds and different institutional buyers personal 76.26% of the corporate’s inventory.
Insider Shopping for and Promoting
In different information, main shareholder Kkr Group Partnership L.P. purchased 11,619,998 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, September eleventh. The inventory was bought at a median value of $11.13 per share, with a complete worth of $129,330,577.74. Following the acquisition, the insider now owns 92,959,984 shares of the corporate’s inventory, valued at $1,034,644,621.92. This commerce represents a 14.29 % improve of their place. The acquisition was disclosed in a authorized submitting with the SEC, which is out there by this hyperlink. Additionally, main shareholder Genetic Dysfunction L.P. Kkr offered 5,800,000 shares of the agency’s inventory in a transaction dated Friday, September thirteenth. The inventory was offered at a median value of $25.75, for a complete transaction of $149,350,000.00. Following the sale, the insider now immediately owns 25,260,971 shares within the firm, valued at $650,470,003.25. This represents a 18.67 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. 39.34% of the inventory is owned by insiders.
KKR & Co. Inc. Inventory Efficiency
NYSE KKR opened at $157.67 on Friday. The inventory has a market capitalization of $140.05 billion, a price-to-earnings ratio of 47.92, a PEG ratio of 1.21 and a beta of 1.61. The enterprise’s 50 day shifting common is $138.21 and its two-hundred day shifting common is $120.54. KKR & Co. Inc. has a 12-month low of $67.99 and a 12-month excessive of $158.46. The corporate has a present ratio of 0.07, a fast ratio of 0.07 and a debt-to-equity ratio of 0.82.
KKR & Co. Inc. (NYSE:KKR – Get Free Report) final introduced its quarterly earnings information on Thursday, October twenty fourth. The asset supervisor reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. KKR & Co. Inc. had a return on fairness of 5.77% and a web margin of 13.21%. The agency had income of $4.79 billion for the quarter, in comparison with analyst estimates of $1.23 billion. Throughout the identical quarter within the prior yr, the corporate posted $0.73 earnings per share. Analysis analysts anticipate that KKR & Co. Inc. will put up 4.16 EPS for the present yr.
KKR & Co. Inc. Dividend Announcement
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Tuesday, November nineteenth. Traders of file on Monday, November 4th had been paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend was Monday, November 4th. KKR & Co. Inc.’s dividend payout ratio (DPR) is 21.28%.
Wall Avenue Analyst Weigh In
Numerous analysts just lately weighed in on the inventory. TD Cowen upped their goal value on shares of KKR & Co. Inc. from $166.00 to $184.00 and gave the inventory a “purchase” score in a analysis be aware on Friday, October twenty fifth. StockNews.com upgraded KKR & Co. Inc. to a “promote” score in a analysis be aware on Friday, October twenty fifth. Redburn Atlantic began protection on KKR & Co. Inc. in a analysis report on Tuesday, August twenty seventh. They set a “purchase” score and a $153.00 value goal for the corporate. Keefe, Bruyette & Woods reissued an “outperform” score and set a $144.00 goal value (up beforehand from $125.00) on shares of KKR & Co. Inc. in a analysis report on Thursday, August 1st. Lastly, Oppenheimer upped their value goal on KKR & Co. Inc. from $128.00 to $148.00 and gave the corporate an “outperform” score in a report on Wednesday, October sixteenth. One equities analysis analyst has rated the inventory with a promote score, two have assigned a maintain score, twelve have given a purchase score and two have given a powerful purchase score to the inventory. In response to MarketBeat, KKR & Co. Inc. presently has a consensus score of “Average Purchase” and a consensus goal value of $154.14.
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About KKR & Co. Inc.
KKR & Co Inc is a personal fairness and actual property funding agency specializing in direct and fund of fund investments. It makes a speciality of acquisitions, leveraged buyouts, administration buyouts, credit score particular conditions, development fairness, mature, mezzanine, distressed, turnaround, decrease center market and center market investments.
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