KKR has been the topic of several other research reports. Oppenheimer set a $35.00 price target on KKR & Co Inc and gave the company a buy rating in a research note on Tuesday, July 24th. Citigroup upped their price target on KKR & Co Inc from $28.00 to $31.00 and gave the company a buy rating in a research note on Tuesday, July 10th. Deutsche Bank cut their price target on KKR & Co Inc from $29.00 to $27.00 and set a hold rating on the stock in a research note on Thursday, October 11th. Keefe, Bruyette & Woods reaffirmed a buy rating and set a $35.00 price target on shares of KKR & Co Inc in a research note on Friday, July 27th. Finally, Jefferies Financial Group reaffirmed a buy rating and set a $32.00 price target on shares of KKR & Co Inc in a research note on Friday, July 27th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $30.25.
Shares of KKR opened at $24.53 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.87. KKR & Co Inc has a 12-month low of $18.74 and a 12-month high of $28.73. The firm has a market cap of $13.41 billion, a PE ratio of 10.31, a PEG ratio of 1.24 and a beta of 1.61.
In other KKR & Co Inc news, major shareholder Fund Holdings L.P. Kkr sold 1,742,007 shares of the stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $38.26, for a total value of $66,649,187.82. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last three months, insiders acquired 130,656 shares of company stock worth $1,914,185 and sold 15,225,220 shares worth $533,613,038.
A number of large investors have recently added to or reduced their stakes in the business. LGT Capital Partners LTD. acquired a new position in KKR & Co Inc in the third quarter valued at about $19,907,000. Fiduciary Group LLC bought a new stake in shares of KKR & Co Inc in the third quarter worth about $205,000. Rothschild Investment Corp IL increased its holdings in shares of KKR & Co Inc by 8.6% in the third quarter. Rothschild Investment Corp IL now owns 49,693 shares of the asset manager’s stock worth $1,355,000 after acquiring an additional 3,945 shares in the last quarter. PenderFund Capital Management Ltd. bought a new stake in shares of KKR & Co Inc in the third quarter worth about $5,210,000. Finally, Chickasaw Capital Management LLC bought a new stake in shares of KKR & Co Inc in the third quarter worth about $4,755,000. 62.36% of the stock is currently owned by hedge funds and other institutional investors.
KKR & Co Inc Company Profile
KKR & Co L.P. 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, and middle market investments.
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