West Oak Capital LLC Purchases 3,375 Shares of KKR & Co. Inc. (NYSE:KKR)

West Oak Capital LLC boosted its position in KKR & Co. Inc. (NYSE:KKR) by 540.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,000 shares of the asset manager’s stock after purchasing an additional 3,375 shares during the period. West Oak Capital LLC’s holdings in KKR & Co. Inc. were worth $592,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Canada Pension Plan Investment Board boosted its holdings in shares of KKR & Co. Inc. by 198.6% in the second quarter. Canada Pension Plan Investment Board now owns 3,207,368 shares of the asset manager’s stock worth $337,543,000 after buying an additional 2,133,290 shares during the last quarter. APG Asset Management N.V. purchased a new position in shares of KKR & Co. Inc. during the 2nd quarter worth $154,468,000. Massachusetts Financial Services Co. MA boosted its stake in shares of KKR & Co. Inc. by 6.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,684,133 shares of the asset manager’s stock worth $1,755,838,000 after acquiring an additional 996,871 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of KKR & Co. Inc. by 315.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,179,728 shares of the asset manager’s stock valued at $124,623,000 after acquiring an additional 895,891 shares during the period. Finally, Ensign Peak Advisors Inc lifted its position in KKR & Co. Inc. by 317.0% during the second quarter. Ensign Peak Advisors Inc now owns 926,208 shares of the asset manager’s stock valued at $97,474,000 after purchasing an additional 704,091 shares in the last quarter. 76.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

KKR has been the subject of a number of analyst reports. Morgan Stanley upped their price target on KKR & Co. Inc. from $107.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 10th. StockNews.com raised shares of KKR & Co. Inc. to a “sell” rating in a report on Friday, October 25th. Citigroup raised their target price on shares of KKR & Co. Inc. from $157.00 to $171.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company upped their price target on shares of KKR & Co. Inc. from $152.00 to $163.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of KKR & Co. Inc. from $163.00 to $170.00 and gave the company an “outperform” rating in a research report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, KKR & Co. Inc. presently has a consensus rating of “Moderate Buy” and a consensus target price of $160.07.

KKR & Co. Inc. Price Performance

Shares of KKR stock traded down $7.27 during trading hours on Friday, hitting $140.97. The stock had a trading volume of 3,968,588 shares, compared to its average volume of 3,053,696. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $125.21 billion, a price-to-earnings ratio of 42.85, a PEG ratio of 1.22 and a beta of 1.66. KKR & Co. Inc. has a one year low of $80.20 and a one year high of $163.68. The stock’s 50-day moving average price is $152.12 and its two-hundred day moving average price is $132.49.

KKR & Co. Inc. (NYSE:KKR) last released its quarterly earnings data on Thursday, October 24th. The asset manager reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.35. The business had revenue of $4.79 billion for the quarter, compared to the consensus estimate of $1.23 billion. KKR & Co. Inc. had a return on equity of 5.77% and a net margin of 13.21%. During the same quarter in the previous year, the company posted $0.73 EPS. Equities analysts forecast that KKR & Co. Inc. will post 4.16 EPS for the current year.

KKR & Co. Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Monday, November 4th were paid a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date of this dividend was Monday, November 4th. KKR & Co. Inc.’s payout ratio is 21.28%.

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.