ORG Partners LLC Sells 212 Shares of KKR & Co. Inc. (NYSE:KKR)

ORG Partners LLC trimmed its position in shares of KKR & Co. Inc. (NYSE:KKR) by 8.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,222 shares of the asset manager’s stock after selling 212 shares during the period. ORG Partners LLC’s holdings in KKR & Co. Inc. were worth $184,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of KKR & Co. Inc. by 1.2% in the third quarter. Vanguard Group Inc. now owns 39,941,257 shares of the asset manager’s stock worth $2,460,381,000 after acquiring an additional 475,118 shares during the period. Community Trust & Investment Co. bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth $6,615,000. TIAA Trust National Association bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth $8,530,000. Black Swift Group LLC bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth $1,740,000. Finally, Dantai Capital Ltd bought a new position in shares of KKR & Co. Inc. in the fourth quarter worth $1,370,000. 76.26% of the stock is owned by institutional investors.

KKR & Co. Inc. Trading Down 3.1 %

NYSE KKR opened at $97.29 on Monday. The stock’s 50-day simple moving average is $97.56 and its two-hundred day simple moving average is $81.03. KKR & Co. Inc. has a twelve month low of $47.79 and a twelve month high of $103.48. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $86.10 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 0.87 and a beta of 1.61.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings results on Tuesday, February 6th. The asset manager reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.03. KKR & Co. Inc. had a return on equity of 4.21% and a net margin of 25.74%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $995.64 million. Research analysts forecast that KKR & Co. Inc. will post 4.28 EPS for the current fiscal year.

KKR & Co. Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a $0.165 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.66 annualized dividend and a dividend yield of 0.68%. KKR & Co. Inc.’s dividend payout ratio is currently 16.18%.

Insider Transactions at KKR & Co. Inc.

In other KKR & Co. Inc. news, major shareholder Kkr Alternative Assets Llc purchased 286,402 shares of KKR & Co. Inc. stock in a transaction that occurred on Wednesday, March 13th. The shares were bought at an average price of $24.94 per share, for a total transaction of $7,142,865.88. Following the acquisition, the insider now directly owns 429,259 shares in the company, valued at $10,705,719.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, major shareholder Kkr Alternative Assets Llc acquired 286,402 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were acquired at an average cost of $24.94 per share, with a total value of $7,142,865.88. Following the transaction, the insider now owns 429,259 shares in the company, valued at approximately $10,705,719.46. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Kkr Group Partnership L.P. sold 13,800,000 shares of KKR & Co. Inc. stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $9.87, for a total value of $136,206,000.00. The disclosure for this sale can be found here. Company insiders own 39.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on KKR. Morgan Stanley raised their price target on KKR & Co. Inc. from $75.00 to $82.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 24th. Wells Fargo & Company lifted their price objective on KKR & Co. Inc. from $93.00 to $103.00 and gave the company an “overweight” rating in a research note on Wednesday, February 7th. TD Cowen lifted their price objective on KKR & Co. Inc. to $144.00 and gave the company a “buy” rating in a research note on Thursday. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $104.00 price objective on shares of KKR & Co. Inc. in a research note on Thursday, April 4th. Finally, JMP Securities lifted their price objective on KKR & Co. Inc. from $108.00 to $112.00 and gave the company a “market outperform” rating in a research note on Tuesday, April 9th. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, KKR & Co. Inc. presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.64.

KKR & Co. Inc. Profile

KKR & Co Inc is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.