Schwarz Dygos Wheeler Investment Advisors LLC Lowers Holdings in KKR & Co. Inc. (NYSE:KKR)

Schwarz Dygos Wheeler Investment Advisors LLC trimmed its position in shares of KKR & Co. Inc. (NYSE:KKR) by 9.4% during the 4th quarter, according to its most recent 13F filing with the SEC. 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.

A number of other institutional investors and hedge funds have also bought and sold shares of KKR. E&G Advisors LP raised its position in KKR & Co. Inc. by 1.5% in the fourth quarter. E&G Advisors LP now owns 8,726 shares of the asset manager’s stock worth $723,000 after acquiring an additional 126 shares during the period. Cross Staff Investments Inc raised its holdings in KKR & Co. Inc. by 0.7% in the 4th 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. Nordea Investment Management AB raised its stake in shares of KKR & Co. Inc. by 0.3% in the fourth quarter. Nordea Investment Management AB now owns 39,047 shares of the asset manager’s stock worth $3,241,000 after buying an additional 133 shares during the period. Marks Group Wealth Management Inc grew its stake in shares of KKR & Co. Inc. by 2.0% during the 4th quarter. Marks Group Wealth Management Inc now owns 7,480 shares of the asset manager’s stock valued at $620,000 after acquiring an additional 146 shares during the period. Finally, AE Wealth Management LLC increased its holdings in KKR & Co. Inc. by 1.2% in the 3rd quarter. AE Wealth Management LLC now owns 14,260 shares of the asset manager’s stock worth $878,000 after acquiring an additional 168 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at KKR & Co. Inc.

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KKR. JMP Securities increased their price objective on shares of KKR & Co. Inc. from $108.00 to $112.00 and gave the stock a “market outperform” rating in a research note on Tuesday, April 9th. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $104.00 price target on shares of KKR & Co. Inc. in a report on Thursday, April 4th. StockNews.com lowered KKR & Co. Inc. from a “hold” rating to a “sell” rating in a research note on Wednesday. Wells Fargo & Company lifted their target price 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. Finally, Barclays boosted their target price on shares of KKR & Co. Inc. from $107.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $90.64.

KKR & Co. Inc. Trading Up 0.7 %

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

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

KKR & Co. Inc. Announces Dividend

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

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.