KKR & Co. Inc. (NYSE:KKR) Shares Purchased by XML Financial LLC

XML Financial LLC boosted its position in shares of KKR & Co. Inc. (NYSE:KKR) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,007 shares of the asset manager’s stock after buying an additional 228 shares during the period. XML Financial LLC’s holdings in KKR & Co. Inc. were worth $593,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its position in KKR & Co. Inc. by 36.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,909 shares of the asset manager’s stock valued at $727,000 after purchasing an additional 1,841 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of KKR & Co. Inc. by 13.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 769 shares of the asset manager’s stock valued at $81,000 after buying an additional 89 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of KKR & Co. Inc. by 183.8% during the second quarter. Thrivent Financial for Lutherans now owns 68,704 shares of the asset manager’s stock worth $7,230,000 after buying an additional 44,496 shares during the period. Frank Rimerman Advisors LLC acquired a new stake in shares of KKR & Co. Inc. during the second quarter worth about $238,000. Finally, Evergreen Capital Management LLC grew its holdings in shares of KKR & Co. Inc. by 6.4% during the second quarter. Evergreen Capital Management LLC now owns 2,997 shares of the asset manager’s stock worth $315,000 after buying an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

NYSE KKR opened at $161.58 on Thursday. The business has a 50 day moving average price of $152.68 and a 200 day moving average price of $135.38. The company has a market capitalization of $143.52 billion, a P/E ratio of 49.11, a PEG ratio of 0.90 and a beta of 1.66. KKR & Co. Inc. has a 1-year low of $83.01 and a 1-year high of $163.68. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07.

KKR & Co. Inc. (NYSE:KKR) last announced its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.35. The business had revenue of $4.79 billion during the quarter, compared to analysts’ expectations of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same quarter last year, the business posted $0.73 earnings per share. Sell-side analysts expect that KKR & Co. Inc. will post 4.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the company. Evercore ISI upped their price objective on KKR & Co. Inc. from $135.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. TD Cowen upped their price target on KKR & Co. Inc. from $166.00 to $184.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. StockNews.com raised KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. JMP Securities boosted their price objective on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a research note on Tuesday, October 29th. Finally, Barclays raised their target price on shares of KKR & Co. Inc. from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $159.07.

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.