KKR & Co. Inc. (NYSE:KKR) Shares Bought by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lifted its stake in shares of KKR & Co. Inc. (NYSE:KKR) by 114.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,060 shares of the asset manager’s stock after acquiring an additional 2,168 shares during the quarter. Ameritas Advisory Services LLC’s holdings in KKR & Co. Inc. were worth $600,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its stake in KKR & Co. Inc. by 30.3% during the 4th quarter. HB Wealth Management LLC now owns 11,638 shares of the asset manager’s stock valued at $1,721,000 after purchasing an additional 2,708 shares in the last quarter. Integrated Investment Consultants LLC lifted its holdings in shares of KKR & Co. Inc. by 6.0% in the fourth quarter. Integrated Investment Consultants LLC now owns 5,736 shares of the asset manager’s stock valued at $848,000 after buying an additional 327 shares during the period. Arkadios Wealth Advisors grew its holdings in KKR & Co. Inc. by 3.9% during the fourth quarter. Arkadios Wealth Advisors now owns 17,111 shares of the asset manager’s stock worth $2,531,000 after acquiring an additional 648 shares during the period. Brooklyn Investment Group grew its holdings in KKR & Co. Inc. by 13.9% during the fourth quarter. Brooklyn Investment Group now owns 1,326 shares of the asset manager’s stock worth $196,000 after acquiring an additional 162 shares during the period. Finally, Merit Financial Group LLC lifted its holdings in KKR & Co. Inc. by 358.4% in the 4th quarter. Merit Financial Group LLC now owns 26,713 shares of the asset manager’s stock valued at $3,951,000 after acquiring an additional 20,885 shares during the last quarter. Institutional investors own 76.26% of the company’s stock.

KKR & Co. Inc. Stock Performance

Shares of KKR opened at $161.58 on Thursday. The company has a market capitalization of $143.52 billion, a PE ratio of 49.11, a PEG ratio of 0.90 and a beta of 1.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.07 and a current ratio of 0.07. The company’s 50 day moving average price is $152.68 and its 200 day moving average price is $135.38. KKR & Co. Inc. has a 52 week low of $83.01 and a 52 week high of $163.68.

KKR & Co. Inc. (NYSE:KKR) last posted its quarterly earnings results on Thursday, October 24th. The asset manager reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. KKR & Co. Inc. had a net margin of 13.21% and a return on equity of 5.77%. The business had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the business posted $0.73 earnings per share. Research analysts expect that KKR & Co. Inc. will post 4.13 EPS for the current fiscal year.

Analysts Set New Price Targets

KKR has been the topic of several recent research reports. The Goldman Sachs Group lifted their price objective on shares of KKR & Co. Inc. from $160.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. JMP Securities lifted their price target on shares of KKR & Co. Inc. from $150.00 to $155.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 29th. StockNews.com upgraded KKR & Co. Inc. to a “sell” rating in a research report on Friday, October 25th. Citigroup raised their price objective on KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on KKR & Co. Inc. from $158.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $159.07.

About KKR & Co. Inc.

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.