1 week Ago By ABMN Staff
Parkside Financial Bank & Trust lessened its holdings in shares of KKR & Co. Inc. ( NYSE:KKR – Free Report ) by 12.
0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,178 shares of the asset manager’s stock after selling 161 shares during the quarter. Parkside Financial Bank & Trust’s holdings in KKR & Co.
Inc. were worth $124,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of KKR.
Crestwood Advisors Group LLC grew its holdings in shares of KKR & Co. Inc. by 2.
1% during the 2nd quarter. Crestwood Advisors Group LLC now owns 4,658 shares of the asset manager’s stock worth $490,000 after purchasing an additional 94 shares in the last quarter. Premier Path Wealth Partners LLC grew its stake in KKR & Co.
Inc. by 2.4% during the second quarter.
Premier Path Wealth Partners LLC now owns 4,231 shares of the asset manager’s stock worth $445,000 after buying an additional 99 shares in the last quarter. Whittier Trust Co. increased its holdings in KKR & Co.
Inc. by 4.5% in the 1st quarter.
Whittier Trust Co. now owns 2,395 shares of the asset manager’s stock valued at $241,000 after buying an additional 103 shares during the period. First Bank & Trust raised its position in shares of KKR & Co.
Inc. by 1.6% in the 2nd quarter.
First Bank & Trust now owns 6,536 shares of the asset manager’s stock valued at $688,000 after buying an additional 104 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its holdings in shares of KKR & Co. Inc.
by 2.1% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 5,244 shares of the asset manager’s stock worth $552,000 after acquiring an additional 106 shares during the period.
Institutional investors own 76.26% of the company’s stock. Insider Activity at KKR & Co.
Inc. In other KKR & Co. Inc.
news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th.
The shares were sold at an average price of $18.85, for a total transaction of $48,155,039.40.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . 39.34% of the stock is currently owned by company insiders.
KKR & Co. Inc. Trading Down 1.
9 % KKR & Co. Inc. ( NYSE:KKR – Get Free Report ) last posted its quarterly earnings data on Wednesday, July 31st.
The asset manager reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.
20. The business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $1.
07 billion. KKR & Co. Inc.
had a return on equity of 5.05% and a net margin of 17.99%.
During the same period in the prior year, the business posted $0.58 earnings per share. As a group, equities analysts forecast that KKR & Co.
Inc. will post 4.01 EPS for the current year.
KKR & Co. Inc. Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 27th.
Investors of record on Monday, August 12th were paid a $0.175 dividend. This represents a $0.
70 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Monday, August 12th.
KKR & Co. Inc.’s dividend payout ratio is currently 15.
70%. Wall Street Analyst Weigh In A number of brokerages recently issued reports on KKR. The Goldman Sachs Group lifted their price objective on shares of KKR & Co.
Inc. from $123.00 to $137.
00 and gave the company a “buy” rating in a research note on Thursday, August 1st. JMP Securities lifted their price target on KKR & Co. Inc.
from $115.00 to $135.00 and gave the company a “market outperform” rating in a research note on Thursday, August 1st.
Redburn Atlantic assumed coverage on KKR & Co. Inc. in a research report on Tuesday, August 27th.
They set a “buy” rating and a $153.00 price objective for the company. TD Cowen lifted their target price on KKR & Co.
Inc. from $145.00 to $154.
00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of KKR & Co. Inc.
from $128.00 to $141.00 and gave the stock a “buy” rating in a report on Thursday, August 1st.
One analyst has rated the stock with a sell rating, one has given a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, KKR & Co. Inc.
currently has a consensus rating of “Moderate Buy” and an average target price of $124.93. Check Out Our Latest Report on KKR & Co.
Inc. KKR & Co. Inc.
Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding KKR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for KKR & Co. Inc. ( NYSE:KKR – Free Report ).
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