B. Metzler seel. Sohn & Co. AG Makes New $6.27 Million Investment in KKR & Co. Inc. $KKR

B. Metzler seel. Sohn & Co. AG purchased a new position in KKR & Co. Inc. (NYSE:KKR – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 68,340 shares of the asset manager’s stock, valued at approximately $6,272,000.

Brighton Jones LLC increased its stake in shares of KKR & Co. Inc. by 109.6% during the fourth quarter. Brighton Jones LLC now owns 4,661 shares of the asset manager's stock valued at $689,000 after acquiring an additional 2,437 shares during the period. Bison Wealth LLC acquired a new stake in KKR & Co. Inc. during the 4th quarter worth about $218,000. Sivia Capital Partners LLC grew its position in KKR & Co. Inc. by 13.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,050 shares of the asset manager's stock worth $273,000 after purchasing an additional 237 shares in the last quarter. United Bank acquired a new stake in KKR & Co. Inc. during the 2nd quarter worth about $769,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in KKR & Co. Inc. in the 2nd quarter worth approximately $4,826,000. Institutional investors and hedge funds own 76.26% of the company's stock.

Shares of NYSE KKR opened at $108.59 on Friday. The stock has a market cap of $97.47 billion, a PE ratio of 34.58, a PEG ratio of 0.91 and a beta of 1.78. The business has a fifty day moving average of $100.09 and a two-hundred day moving average of $97.62. KKR & Co. Inc. has a 52-week low of $82.67 and a 52-week high of $152.10. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.09 and a current ratio of 0.09.

The asset manager reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.20. The firm had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $2.55 billion. KKR & Co. Inc. had a net margin of 14.41% and a return on equity of 5.88%. During the same quarter in the previous year, the company posted $1.18 EPS. As a group, equities research analysts expect that KKR & Co. Inc. will post 5.68 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.195 per share. The ex-dividend date is Monday, August 10th. This represents a $0.78 annualized dividend and a yield of 0.7%. KKR & Co. Inc.'s payout ratio is currently 24.84%.

Weiss Ratings upgraded KKR & Co. Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 16th. Argus increased their target price on shares of KKR & Co. Inc. from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, Augu...