Sivia Capital Partners LLC Buys 237 Shares of KKR & Co. Inc. $KKR

Sivia Capital Partners LLC grew its stake in KKR & Co. Inc. (NYSE:KKR) by 13.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,050 shares of the asset manager’s stock after acquiring an additional 237 shares during the period. Sivia Capital Partners LLC’s holdings in KKR & Co. Inc. were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Bruce G. Allen Investments LLC raised its stake in shares of KKR & Co. Inc. by 13.9% in the second quarter. Bruce G. Allen Investments LLC now owns 589 shares of the asset manager’s stock worth $78,000 after acquiring an additional 72 shares during the last quarter. Pines Wealth Management LLC raised its stake in shares of KKR & Co. Inc. by 17.3% in the second quarter. Pines Wealth Management LLC now owns 4,825 shares of the asset manager’s stock worth $669,000 after acquiring an additional 710 shares during the last quarter. Mirador Capital Partners LP raised its stake in shares of KKR & Co. Inc. by 2.2% in the second quarter. Mirador Capital Partners LP now owns 100,080 shares of the asset manager’s stock worth $13,314,000 after acquiring an additional 2,157 shares during the last quarter. Gateway Investment Advisers LLC raised its stake in shares of KKR & Co. Inc. by 15.4% in the second quarter. Gateway Investment Advisers LLC now owns 49,696 shares of the asset manager’s stock worth $6,611,000 after acquiring an additional 6,638 shares during the last quarter. Finally, Catalyst Private Wealth LLC raised its stake in shares of KKR & Co. Inc. by 22.4% in the second quarter. Catalyst Private Wealth LLC now owns 3,516 shares of the asset manager’s stock worth $468,000 after acquiring an additional 643 shares during the last quarter. 76.26% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on KKR shares. Citizens Jmp downgraded shares of KKR & Co. Inc. from an “outperform” rating to a “market perform” rating in a research note on Monday, July 14th. Barclays boosted their price target on shares of KKR & Co. Inc. from $155.00 to $165.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Oppenheimer boosted their price target on shares of KKR & Co. Inc. from $149.00 to $162.00 and gave the stock an “outperform” rating in a research note on Monday, July 14th. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 9th. Finally, Wall Street Zen raised shares of KKR & Co. Inc. from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, KKR & Co. Inc. presently has an average rating of “Moderate Buy” and a consensus target price of $158.07.

Insider Transactions at KKR & Co. Inc.

In related news, Chairman George R. Roberts sold 809,906 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $144.25, for a total transaction of $116,828,940.50. Following the completion of the transaction, the chairman owned 81,361,978 shares in the company, valued at approximately $11,736,465,326.50. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 39.34% of the company’s stock.

KKR & Co. Inc. Stock Up 3.5%

Shares of NYSE KKR opened at $149.43 on Friday. The stock has a market cap of $133.13 billion, a P/E ratio of 69.50, a P/E/G ratio of 1.59 and a beta of 1.93. The firm has a 50 day moving average price of $142.97 and a 200 day moving average price of $126.73. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.08 and a current ratio of 0.08. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40.

KKR & Co. Inc. (NYSE:KKR) last issued its quarterly earnings data on Thursday, July 31st. The asset manager reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.04. The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.81 billion. KKR & Co. Inc. had a net margin of 12.95% and a return on equity of 6.30%. During the same quarter in the previous year, the company earned $1.09 earnings per share. Analysts expect that KKR & Co. Inc. will post 5.19 EPS for the current year.

KKR & Co. Inc. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 26th. Investors of record on Monday, August 11th were issued a dividend of $0.185 per share. This is an increase from KKR & Co. Inc.’s previous quarterly dividend of $0.18. This represents a $0.74 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, August 11th. KKR & Co. Inc.’s dividend payout ratio is presently 34.42%.

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.