4,074 Shares in KKR & Co. Inc. (NYSE:KKR) Acquired by Teza Capital Management LLC

Teza Capital Management LLC acquired a new position in KKR & Co. Inc. (NYSE:KKR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,074 shares of the asset manager’s stock, valued at approximately $603,000.

A number of other large investors also recently bought and sold shares of KKR. Hanson & Doremus Investment Management acquired a new position in shares of KKR & Co. Inc. during the fourth quarter worth $27,000. Crews Bank & Trust acquired a new position in shares of KKR & Co. Inc. during the fourth quarter worth $30,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of KKR & Co. Inc. during the fourth quarter worth $34,000. Cassady Schiller Wealth Management LLC acquired a new position in shares of KKR & Co. Inc. during the fourth quarter worth $36,000. Finally, HM Payson & Co. increased its position in shares of KKR & Co. Inc. by 6,800.0% during the fourth quarter. HM Payson & Co. now owns 276 shares of the asset manager’s stock worth $41,000 after purchasing an additional 272 shares in the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Price Performance

NYSE:KKR opened at $125.44 on Tuesday. KKR & Co. Inc. has a 52 week low of $86.15 and a 52 week high of $170.40. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $111.72 billion, a PE ratio of 37.67, a price-to-earnings-growth ratio of 1.00 and a beta of 1.91. The stock’s 50-day moving average price is $112.44 and its 200-day moving average price is $135.54.

KKR & Co. Inc. (NYSE:KKR) last posted its earnings results on Thursday, May 1st. The asset manager reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. KKR & Co. Inc. had a return on equity of 6.20% and a net margin of 14.31%. The firm had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the firm earned $0.97 EPS. The company’s quarterly revenue was down 67.8% on a year-over-year basis. As a group, equities analysts expect that KKR & Co. Inc. will post 5.19 EPS for the current fiscal year.

KKR & Co. Inc. Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 13th will be given a dividend of $0.185 per share. The ex-dividend date is Monday, May 12th. This is a boost from KKR & Co. Inc.’s previous dividend of $0.17. This represents a dividend yield of 0.64%. KKR & Co. Inc.’s dividend payout ratio (DPR) is 31.22%.

Insider Activity

In other news, major shareholder Genetic Disorder L.P. Kkr sold 6,000,000 shares of the firm’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $34.20, for a total transaction of $205,200,000.00. Following the sale, the insider now directly owns 13,260,971 shares in the company, valued at $453,525,208.20. This trade represents a 31.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert W. Scully bought 13,250 shares of the company’s stock in a transaction dated Tuesday, May 6th. The shares were acquired at an average price of $113.49 per share, for a total transaction of $1,503,742.50. Following the completion of the transaction, the director now directly owns 13,250 shares in the company, valued at approximately $1,503,742.50. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 39.34% of the company’s stock.

Analysts Set New Price Targets

KKR has been the topic of a number of recent analyst reports. Barclays upped their price target on KKR & Co. Inc. from $129.00 to $141.00 and gave the stock an “overweight” rating in a research report on Friday, May 2nd. TD Cowen reduced their price target on KKR & Co. Inc. from $183.00 to $126.00 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. Morgan Stanley raised KKR & Co. Inc. from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $120.00 to $150.00 in a research report on Wednesday, May 14th. Keefe, Bruyette & Woods upped their target price on KKR & Co. Inc. from $129.00 to $131.00 and gave the company an “outperform” rating in a research report on Friday, May 2nd. Finally, Wells Fargo & Company upped their target price on KKR & Co. Inc. from $120.00 to $136.00 and gave the company an “overweight” rating in a research report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, KKR & Co. Inc. has an average rating of “Buy” and an average target price of $149.14.

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.