Robeco Institutional Asset Management B.V. Raises Stock Holdings in KKR & Co. Inc. (NYSE:KKR)

Robeco Institutional Asset Management B.V. increased its position in KKR & Co. Inc. (NYSE:KKR) by 1.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 102,000 shares of the asset manager’s stock after purchasing an additional 1,730 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in KKR & Co. Inc. were worth $15,087,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. ORG Wealth Partners LLC purchased a new position in shares of KKR & Co. Inc. in the third quarter worth $31,000. Raleigh Capital Management Inc. increased its stake in shares of KKR & Co. Inc. by 56.7% in the third quarter. Raleigh Capital Management Inc. now owns 235 shares of the asset manager’s stock worth $31,000 after buying an additional 85 shares during the period. Eastern Bank purchased a new position in shares of KKR & Co. Inc. in the third quarter worth $34,000. Truvestments Capital LLC purchased a new position in KKR & Co. Inc. during the 3rd quarter valued at $40,000. Finally, Bank of New Hampshire purchased a new position in KKR & Co. Inc. during the 4th quarter valued at $45,000. 76.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Keefe, Bruyette & Woods reduced their price objective on shares of KKR & Co. Inc. from $170.00 to $168.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Oppenheimer boosted their price objective on shares of KKR & Co. Inc. from $153.00 to $175.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Hsbc Global Res downgraded shares of KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a research report on Thursday. HSBC downgraded shares of KKR & Co. Inc. from a “buy” rating to a “hold” rating and boosted their price objective for the company from $153.00 to $173.00 in a research report on Thursday. Finally, The Goldman Sachs Group boosted their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $160.86.

KKR & Co. Inc. Stock Performance

Shares of KKR & Co. Inc. stock opened at $167.04 on Friday. The stock has a market cap of $148.37 billion, a price-to-earnings ratio of 50.77, a PEG ratio of 0.95 and a beta of 1.66. The firm’s 50-day moving average is $154.40 and its 200 day moving average is $137.77. KKR & Co. Inc. has a 1 year low of $85.19 and a 1 year high of $170.40. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07.

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.