KKR & Co. Inc. (NYSE:KKR) Downgraded by Hsbc Global Res to “Hold”

Hsbc Global Res downgraded shares of KKR & Co. Inc. (NYSE:KKRFree Report) from a strong-buy rating to a hold rating in a report released on Thursday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Citigroup upped their price target on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. HSBC lowered shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and upped their target price for the stock from $153.00 to $173.00 in a research report on Thursday. The Goldman Sachs Group lifted their price target on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. JMP Securities raised their price objective on KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 29th. Finally, Evercore ISI boosted their target price on KKR & Co. Inc. from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.86.

Get Our Latest Stock Analysis on KKR

KKR & Co. Inc. Price Performance

NYSE KKR opened at $167.00 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The business’s fifty day moving average is $154.22 and its 200 day moving average is $137.56. The company has a market capitalization of $148.34 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 0.95 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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KKR. Farmers & Merchants Investments Inc. raised its position in KKR & Co. Inc. by 17.8% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 430 shares of the asset manager’s stock valued at $64,000 after purchasing an additional 65 shares in the last quarter. Ballentine Partners LLC raised its holdings in shares of KKR & Co. Inc. by 1.2% in the fourth quarter. Ballentine Partners LLC now owns 5,721 shares of the asset manager’s stock valued at $846,000 after acquiring an additional 70 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in KKR & Co. Inc. by 0.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 10,974 shares of the asset manager’s stock worth $1,623,000 after acquiring an additional 73 shares in the last quarter. Calamos Wealth Management LLC raised its holdings in shares of KKR & Co. Inc. by 2.0% in the 4th quarter. Calamos Wealth Management LLC now owns 3,918 shares of the asset manager’s stock valued at $580,000 after purchasing an additional 78 shares in the last quarter. Finally, Mather Group LLC. lifted its position in shares of KKR & Co. Inc. by 7.9% in the 4th quarter. Mather Group LLC. now owns 1,064 shares of the asset manager’s stock worth $157,000 after purchasing an additional 78 shares during the period. 76.26% of the stock is currently owned by institutional investors.

About KKR & Co. Inc.

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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.

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Analyst Recommendations for KKR & Co. Inc. (NYSE:KKR)

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