Edmond DE Rothschild Holding S.A. acquired a new stake in KKR & Co Inc (NYSE:KKR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,600 shares of the asset manager’s stock, valued at approximately $90,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Focused Wealth Management Inc grew its position in shares of KKR & Co Inc by 1.0% in the 4th quarter. Focused Wealth Management Inc now owns 63,083 shares of the asset manager’s stock valued at $1,238,000 after acquiring an additional 645 shares during the period. Rothschild Investment Corp IL grew its position in shares of KKR & Co Inc by 1.4% in the 4th quarter. Rothschild Investment Corp IL now owns 50,365 shares of the asset manager’s stock valued at $989,000 after acquiring an additional 672 shares during the period. Keybank National Association OH grew its position in shares of KKR & Co Inc by 2.8% in the 4th quarter. Keybank National Association OH now owns 25,041 shares of the asset manager’s stock valued at $492,000 after acquiring an additional 677 shares during the period. Curbstone Financial Management Corp grew its position in shares of KKR & Co Inc by 1.0% in the 4th quarter. Curbstone Financial Management Corp now owns 87,000 shares of the asset manager’s stock valued at $2,162,000 after acquiring an additional 850 shares during the period. Finally, ETF Managers Group LLC lifted its stake in shares of KKR & Co Inc by 17.7% during the 4th quarter. ETF Managers Group LLC now owns 6,532 shares of the asset manager’s stock worth $128,000 after buying an additional 983 shares during the last quarter. 72.85% of the stock is owned by institutional investors.

NYSE KKR opened at $24.16 on Monday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.94. The stock has a market cap of $12.89 billion, a PE ratio of 12.52, a P/E/G ratio of 3.07 and a beta of 1.66. KKR & Co Inc has a 52-week low of $18.30 and a 52-week high of $28.73.

KKR & Co Inc (NYSE:KKR) last posted its earnings results on Friday, February 1st. The asset manager reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.06. The company had revenue of $541.58 million during the quarter, compared to analysts’ expectations of $489.48 million. KKR & Co Inc had a net margin of 48.08% and a return on equity of 6.86%. During the same quarter last year, the company posted $0.45 EPS. As a group, equities research analysts expect that KKR & Co Inc will post 1.78 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 26th. Shareholders of record on Monday, February 11th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.07%. The ex-dividend date was Friday, February 8th. KKR & Co Inc’s dividend payout ratio (DPR) is 25.91%.

A number of research firms have recently issued reports on KKR. Zacks Investment Research cut shares of KKR & Co Inc from a “buy” rating to a “hold” rating in a research note on Friday, December 28th. Citigroup cut their target price on shares of KKR & Co Inc from $33.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, December 19th. Morgan Stanley set a $22.00 target price on shares of KKR & Co Inc and gave the stock a “hold” rating in a research note on Friday, January 4th. Finally, Goldman Sachs Group cut shares of KKR & Co Inc from a “conviction-buy” rating to a “buy” rating in a research note on Friday, January 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. KKR & Co Inc has a consensus rating of “Buy” and a consensus price target of $30.11.

TRADEMARK VIOLATION WARNING: “Edmond DE Rothschild Holding S.A. Invests $90,000 in KKR & Co Inc (KKR)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2019/03/18/edmond-de-rothschild-holding-s-a-invests-90000-in-kkr-co-inc-kkr.html.

About KKR & Co Inc

KKR & Co L.P. 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.

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Institutional Ownership by Quarter for KKR & Co Inc (NYSE:KKR)

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