Howard Capital Management Inc. Acquires 207 Shares of KKR & Co. Inc. (NYSE:KKR)

Howard Capital Management Inc. raised its holdings in shares of KKR & Co. Inc. (NYSE:KKR) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,075 shares of the asset manager’s stock after purchasing an additional 207 shares during the quarter. Howard Capital Management Inc.’s holdings in KKR & Co. Inc. were worth $603,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in KKR. AdvisorNet Financial Inc increased its stake in KKR & Co. Inc. by 417.8% in the 4th quarter. AdvisorNet Financial Inc now owns 2,180 shares of the asset manager’s stock worth $322,000 after buying an additional 1,759 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of KKR & Co. Inc. by 8.9% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 57,886 shares of the asset manager’s stock worth $7,559,000 after acquiring an additional 4,719 shares during the period. Whalen Wealth Management Inc. bought a new stake in shares of KKR & Co. Inc. during the fourth quarter valued at approximately $667,000. Caldwell Investment Management Ltd. boosted its holdings in shares of KKR & Co. Inc. by 2.9% in the fourth quarter. Caldwell Investment Management Ltd. now owns 212,400 shares of the asset manager’s stock valued at $31,477,000 after purchasing an additional 5,900 shares during the period. Finally, OneDigital Investment Advisors LLC grew its stake in KKR & Co. Inc. by 42.1% in the third quarter. OneDigital Investment Advisors LLC now owns 15,136 shares of the asset manager’s stock worth $1,976,000 after purchasing an additional 4,481 shares in the last quarter. 76.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Morgan Stanley decreased their target price 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. Wells Fargo & Company decreased their price objective on KKR & Co. Inc. from $151.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. HSBC cut shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and increased their target price for the stock from $153.00 to $173.00 in a report on Thursday, January 30th. JMP Securities boosted their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the company a “market outperform” rating in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $161.43.

KKR & Co. Inc. Price Performance

Shares of KKR stock opened at $131.13 on Tuesday. KKR & Co. Inc. has a fifty-two week low of $91.92 and a fifty-two week high of $170.40. 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 firm has a market capitalization of $116.47 billion, a price-to-earnings ratio of 39.38, a PEG ratio of 1.00 and a beta of 1.67. The stock’s 50-day simple moving average is $150.54 and its 200-day simple moving average is $141.49.

KKR & Co. Inc. Dividend Announcement

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

KKR & Co. Inc. Profile

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.