Citigroup Inc. downgraded shares of KKR & Co. L.P. (NYSE:KKR). Brown Brothers Harriman Company accumulated 0% or 17,850 shares. (NYSE:KKR) by 4.3% during the first quarter, according to its most recent Form 13F filing with the SEC. Bank of Montreal Can now owns 7,706,695 shares of the asset manager's stock worth $140,492,000 after buying an additional 933,031 shares during the period.
KKR & Co. L.P. has a 1-year low of $12.15 and a 1-year high of $20.34. Hedge funds and other institutional investors own 75.68% of the company's stock. TheStreet raised KKR & Co. L.P. (NYSE:KKR). Stifel Financial holds 139,081 shares or 0.01% of its portfolio. The firm earned "Buy" rating on Thursday, December 10 by Jefferies. Finally, Keefe, Bruyette & Woods reissued a "buy" rating and set a $23.00 target price on shares of KKR & Co.
Total cash per share on the most recent quarter is 6.54. Brookfield Asset Management Inc. now owns 6,495,561 shares of the asset manager's stock valued at $99,967,000 after buying an additional 827,385 shares during the last quarter. Trust Co. of Vermont raised its position in shares of KKR & Co. FMR LLC now owns 40,699,796 shares of the asset manager's stock valued at $741,957,000 after buying an additional 286,964 shares during the last quarter. Morgan Stanley raised its position in shares of KKR & Co. L.P. during the first quarter worth approximately $184,000. The Private Capital Management Llc holds 1.97M shares with $30.25 million value, down from 2.13M last quarter.
Private Capital Management Llc decreased Kkr & Co. SOL Capital Management CO now owns 157,855 shares of the asset manager's stock valued at $2,878,000 after buying an additional 3,030 shares in the last quarter.
Institutional investors have recently added to or reduced their stakes in the stock. KKR & Co. L.P. LP (NYSE:KKR) is expected to announce $0.6/share EPS for the current quarter. The company's 50-day moving average is $18.57 and its 200 day moving average is $17.86. L.P. had its " rating reiterated by analysts at Credit Suisse. The firm has a market capitalization of $8.91 billion, a PE ratio of 10.945 and a beta of 1.53.
KKR & Co. L.P. had a net margin of 35.94% and a return on equity of 10.52%. (NYSE:KKR) last released its earnings results on Thursday, April 27th. The business had revenue of $715.90 million during the quarter, compared to analysts' expectations of $297.88 million. For the next fiscal year, analysts expect that the business will report earnings of $2.46 per share, with EPS estimates ranging from $2.04 to $2.94. The company's revenue for the quarter was up 339.7% on a year-over-year basis. Let us check out how analysts have ranked KKR based on current scenarios.
ILLEGAL ACTIVITY WARNING: "KKR & Co". Sells 16,146 Shares of KKR & Co. L.P. (NYSE:KKR) was up +0.47% during the last trading session, with a day high of 19.43. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. The original version of this news story can be accessed at https://baseballnewssource.com/markets/kkr-co-l-p-kkr-upgraded-to-hold-by-bidaskclub/1198993.html. Finally, JMP Securities reissued an "outperform" rating and issued a $25.00 price target on shares of KKR & Co. L.P. (KKR) are overvalued. L.P. from a "c" rating to a "b" rating in a research report on Thursday, April 27th. Also, the number of hedge funds holding KKR & Co LP in their top 10 stock positions decreased from 9 to 8 for a decrease of 1. L.P. (NYSE:KKR) on Tuesday, August 2 with "Buy" rating. Of the 13 analysts surveyed by Reuters that track KKR 5 of them rate its stock a hold. L.P. from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $20.50 to $19.00 in a research report on Monday, April 17th. The stock has "Equal-Weight" rating by Morgan Stanley on Tuesday, April 26. L.P.in a report on Monday. (NYSE:KKR), 6 have Buy rating, 0 Sell and 4 Hold. The company now has a consensus rating of "Buy" and an average target price of $19.94. Zacks' earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover KKR & Co. L.P.