Fort Sheridan Advisors LLC Raises Stock Position in KKR & Co. Inc. (NYSE:KKR)

Fort Sheridan Advisors LLC grew its holdings in KKR & Co. Inc. (NYSE:KKR) by 16.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,028 shares of the asset manager’s stock after purchasing an additional 561 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in KKR & Co. Inc. were worth $596,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. QRG Capital Management Inc. grew its stake in shares of KKR & Co. Inc. by 7.8% in the fourth quarter. QRG Capital Management Inc. now owns 25,418 shares of the asset manager’s stock worth $3,760,000 after acquiring an additional 1,843 shares in the last quarter. Roberts Foundation acquired a new position in KKR & Co. Inc. during the 4th quarter worth $147,910,000. Proficio Capital Partners LLC increased its holdings in KKR & Co. Inc. by 4,981.9% during the 4th quarter. Proficio Capital Partners LLC now owns 1,573,046 shares of the asset manager’s stock worth $232,669,000 after purchasing an additional 1,542,092 shares during the period. Oppenheimer Asset Management Inc. raised its position in KKR & Co. Inc. by 0.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 16,427 shares of the asset manager’s stock valued at $2,430,000 after purchasing an additional 69 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of KKR & Co. Inc. by 1.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 205,800 shares of the asset manager’s stock valued at $30,440,000 after buying an additional 1,975 shares during the period. Institutional investors and hedge funds own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

Shares of KKR opened at $132.23 on Friday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.82. KKR & Co. Inc. has a 12-month low of $91.92 and a 12-month high of $170.40. The company’s 50 day simple moving average is $149.17 and its 200-day simple moving average is $141.60. The firm has a market cap of $117.45 billion, a PE ratio of 39.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.67.

KKR & Co. Inc. Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.175 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.70 annualized dividend and a dividend yield of 0.53%. KKR & Co. Inc.’s dividend payout ratio (DPR) is currently 21.02%.

Analyst Ratings Changes

Several analysts recently weighed in on KKR shares. Hsbc Global Res cut shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 30th. Barclays reduced their price objective on shares of KKR & Co. Inc. from $185.00 to $181.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Oppenheimer raised their price target on KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Finally, Morgan Stanley lowered their price objective on KKR & Co. Inc. from $157.00 to $156.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, KKR & Co. Inc. presently has a consensus rating of “Moderate Buy” and an average price target of $161.43.

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.