ORG Partners LLC Has $184,000 Stake in KKR & Co. Inc. (NYSE:KKR)

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

A number of other large investors have also modified their holdings of the company. MetLife Investment Management LLC acquired a new position in KKR & Co. Inc. during the first quarter worth $650,000. Dimensional Fund Advisors LP raised its stake in KKR & Co. Inc. by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,357,303 shares of the asset manager’s stock worth $79,368,000 after acquiring an additional 7,332 shares in the last quarter. Prudential PLC acquired a new position in KKR & Co. Inc. during the first quarter worth $699,000. Cetera Investment Advisers raised its stake in KKR & Co. Inc. by 11.9% during the first quarter. Cetera Investment Advisers now owns 16,890 shares of the asset manager’s stock worth $988,000 after acquiring an additional 1,795 shares in the last quarter. Finally, Moors & Cabot Inc. grew its holdings in shares of KKR & Co. Inc. by 25.6% during the first quarter. Moors & Cabot Inc. now owns 12,666 shares of the asset manager’s stock worth $741,000 after purchasing an additional 2,582 shares during the last quarter. 76.26% of the stock is currently owned by institutional investors and hedge funds.

KKR & Co. Inc. Price Performance

Shares of KKR opened at $97.29 on Monday. 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. has a 1 year low of $47.79 and a 1 year high of $103.48. The stock has a market cap of $86.10 billion, a P/E ratio of 23.85, a price-to-earnings-growth ratio of 0.87 and a beta of 1.61. The stock’s 50-day moving average price is $97.56 and its two-hundred day moving average price is $81.03.

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

KKR & Co. Inc. Dividend Announcement

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

Analysts Set New Price Targets

KKR has been the topic of several research analyst reports. Keefe, Bruyette & Woods restated an “outperform” rating and set a $104.00 target price on shares of KKR & Co. Inc. in a report on Thursday, April 4th. JMP Securities increased their target price on KKR & Co. Inc. from $108.00 to $112.00 and gave the stock a “market outperform” rating in a report on Tuesday, April 9th. Wells Fargo & Company increased their target price on KKR & Co. Inc. from $93.00 to $103.00 and gave the stock an “overweight” rating in a report on Wednesday, February 7th. Barclays raised their price target on KKR & Co. Inc. from $107.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Finally, TD Cowen raised their price target on KKR & Co. Inc. to $144.00 and gave the company a “buy” rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, KKR & Co. Inc. currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.64.

Insider Transactions at KKR & Co. Inc.

In other 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 stock was sold at an average price of $9.87, for a total transaction of $136,206,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, major shareholder Kkr Alternative Assets Llc bought 571,429 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average price of $25.00 per share, with a total value of $14,285,725.00. Following the transaction, the insider now owns 1,000,687 shares in the company, valued at $25,017,175. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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. 39.34% of the stock is currently owned by insiders.

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.