Stratos Investment Management LLC Has $682,000 Stock Position in KKR & Co. Inc. (NYSE:KKR)

Stratos Investment Management LLC increased its position in KKR & Co. Inc. (NYSE:KKR) by 93.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,610 shares of the asset manager’s stock after purchasing an additional 2,228 shares during the quarter. Stratos Investment Management LLC’s holdings in KKR & Co. Inc. were worth $682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hanson & Doremus Investment Management acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth about $27,000. Crews Bank & Trust acquired a new position in shares of KKR & Co. Inc. during the 4th quarter worth about $30,000. ORG Wealth Partners LLC acquired a new position in shares of KKR & Co. Inc. during the 3rd quarter worth about $31,000. Raleigh Capital Management Inc. grew its position in shares of KKR & Co. Inc. by 56.7% during the 3rd 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. Finally, Eastern Bank acquired a new position in shares of KKR & Co. Inc. during the 3rd quarter worth about $34,000. 76.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on KKR shares. Deutsche Bank Aktiengesellschaft lifted their price objective on KKR & Co. Inc. from $158.00 to $159.00 and gave the company a “buy” rating in a report on Monday, November 11th. TD Cowen lifted their price objective on KKR & Co. Inc. from $166.00 to $184.00 and gave the company a “buy” rating in a report on Friday, October 25th. Citigroup lifted their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the company a “buy” rating in a report on Friday, October 25th. Hsbc Global Res cut KKR & Co. Inc. from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 30th. Finally, StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc. has an average rating of “Moderate Buy” and an average price target of $160.50.

KKR & Co. Inc. Stock Up 3.1 %

NYSE:KKR opened at $153.95 on Thursday. The firm has a market capitalization of $136.75 billion, a price-to-earnings ratio of 46.79, a price-to-earnings-growth ratio of 0.96 and a beta of 1.67. KKR & Co. Inc. has a twelve month low of $90.40 and a twelve month high of $170.40. The stock’s 50 day moving average price is $154.42 and its two-hundred day moving average price is $139.03. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. Announces Dividend

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 given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Friday, February 14th. KKR & Co. Inc.’s dividend payout ratio (DPR) is 21.28%.

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.