Schwarz Dygos Wheeler Investment Advisors LLC Has $822,000 Holdings in KKR & Co. Inc. (NYSE:KKR)

Schwarz Dygos Wheeler Investment Advisors LLC lessened its holdings in KKR & Co. Inc. (NYSE:KKR) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,915 shares of the asset manager’s stock after selling 1,024 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in KKR & Co. Inc. were worth $822,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of KKR. Headlands Technologies LLC grew its holdings in KKR & Co. Inc. by 351.8% during the 4th quarter. Headlands Technologies LLC now owns 12,071 shares of the asset manager’s stock worth $1,000,000 after acquiring an additional 9,399 shares during the period. Truist Financial Corp boosted its position in shares of KKR & Co. Inc. by 1.4% in the 4th quarter. Truist Financial Corp now owns 80,236 shares of the asset manager’s stock worth $6,648,000 after purchasing an additional 1,114 shares during the last quarter. Cross Staff Investments Inc grew its stake in shares of KKR & Co. Inc. by 0.7% during the fourth quarter. Cross Staff Investments Inc now owns 19,512 shares of the asset manager’s stock worth $1,617,000 after purchasing an additional 130 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of KKR & Co. Inc. by 4.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 15,572 shares of the asset manager’s stock worth $1,290,000 after purchasing an additional 593 shares during the period. Finally, Harvest Fund Management Co. Ltd increased its holdings in KKR & Co. Inc. by 312.8% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 2,316 shares of the asset manager’s stock valued at $192,000 after purchasing an additional 1,755 shares during the last quarter. Institutional investors and hedge funds own 76.26% of the company’s stock.

Analyst Upgrades and Downgrades

KKR has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on KKR & Co. Inc. from $75.00 to $82.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 24th. StockNews.com cut shares of KKR & Co. Inc. from a “hold” rating to a “sell” rating in a research report on Wednesday. Wells Fargo & Company upped their price objective on shares of KKR & Co. Inc. from $93.00 to $103.00 and gave the company an “overweight” rating in a research report on Wednesday, February 7th. JMP Securities boosted their target price 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. Finally, Barclays increased their price target on KKR & Co. Inc. from $107.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $90.64.

KKR & Co. Inc. Stock Up 0.7 %

Shares of NYSE KKR traded up $0.67 during midday trading on Friday, reaching $95.54. The company’s stock had a trading volume of 1,965,876 shares, compared to its average volume of 3,119,223. KKR & Co. Inc. has a fifty-two week low of $47.79 and a fifty-two week high of $103.48. The stock has a 50 day simple moving average of $97.58 and a 200-day simple moving average of $83.13. The stock has a market capitalization of $84.55 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 0.87 and a beta of 1.61. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.82.

KKR & Co. Inc. (NYSE:KKR) last issued its quarterly earnings results on Tuesday, February 6th. The asset manager reported $0.84 EPS for the quarter, topping the consensus estimate of $0.81 by $0.03. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $995.64 million. KKR & Co. Inc. had a net margin of 25.74% and a return on equity of 4.21%. Equities research analysts predict that KKR & Co. Inc. will post 4.19 earnings per share for the current year.

KKR & Co. Inc. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.165 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.66 dividend on an annualized basis and a yield of 0.69%. KKR & Co. Inc.’s dividend payout ratio is 16.18%.

Insider Buying and Selling at KKR & Co. Inc.

In other news, major shareholder Kkr Alternative Assets Llc purchased 571,429 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were purchased at an average cost of $25.00 per share, with a total value of $14,285,725.00. Following the completion of the transaction, the insider now owns 1,000,687 shares of the company’s stock, valued at approximately $25,017,175. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, major shareholder Kkr Group Partnership L.P. sold 13,800,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $9.87, for a total value of $136,206,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Kkr Alternative Assets Llc acquired 571,429 shares of KKR & Co. Inc. stock in a transaction on Tuesday, March 26th. The shares were bought at an average cost of $25.00 per share, with a total value of $14,285,725.00. Following the completion of the transaction, the insider now owns 1,000,687 shares of the company’s stock, valued at $25,017,175. The disclosure for this purchase can be found here. Corporate insiders own 39.34% of the company’s stock.

About KKR & Co. Inc.

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.