KKR \u0026 Co (NYSE:KKR) “Hold” Rating Maintained Today By Deutsche Bank; The Target Price Given is $27

October 11, 2018 - By Peter Erickson

KKR & Co. Inc. (NYSE:KKR) Logo

Investors sentiment decreased to 0.52 in 2018 Q2. Its down 0.64, from 1.16 in 2018Q1. It worsened, as 90 investors sold KKR & Co. Inc. shares while 61 reduced holdings. 25 funds opened positions while 54 raised stakes. 212.67 million shares or 33.42% less from 319.42 million shares in 2018Q1 were reported.

Oppenheimer & Com holds 0.23% in KKR & Co. Inc. (NYSE:KKR) or 345,428 shares. First City Management Incorporated invested in 13,357 shares. Grand Jean Capital Management Inc holds 149,535 shares or 1.32% of its portfolio. 1,738 were reported by Winslow Evans & Crocker. Maverick Cap has invested 0.11% in KKR & Co. Inc. (NYSE:KKR). Palo Capital stated it has 0.1% of its portfolio in KKR & Co. Inc. (NYSE:KKR). Gator Mgmt Llc has invested 6.19% in KKR & Co. Inc. (NYSE:KKR). Brown Brothers Harriman And reported 0% in KKR & Co. Inc. (NYSE:KKR). Deutsche Bancshares Ag holds 3.12 million shares or 0.05% of its portfolio. Texas Yale Capital invested in 86,100 shares. Webster Fincl Bank N A has invested 0% in KKR & Co. Inc. (NYSE:KKR). Fincl Bank Of New York Mellon reported 18,398 shares. Glenmede Company Na holds 0% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 3,384 shares. 530,600 were accumulated by Amer Finance Group Inc. Matthew 25 Corp owns 1.47 million shares.

KKR \u0026 Co (NYSE:KKR) Rating Reaffirmed

KKR \u0026 Co (NYSE:KKR) just had their share rating of a ‘”Hold”‘ issued by research analysts at Deutsche Bank, who now has a $27 PT on the $20.31B market cap company or a 10.20 % upside potential. This key information was revealed in a research note on 11 October.

KKR & Co. Inc. (NYSE:KKR) Ratings Coverage

Among 6 analysts covering KKR (NYSE:KKR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. KKR has $35 highest and $24 lowest target. $31’s average target is 26.53% above currents $24.5 stock price. KKR had 10 analyst reports since May 4, 2018 according to SRatingsIntel. As per Tuesday, July 10, the company rating was maintained by Wells Fargo. On Wednesday, July 18 the stock rating was maintained by Oppenheimer with “Outperform”. As per Friday, May 4, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating given on Wednesday, May 16 by Oppenheimer. The firm earned “Outperform” rating on Friday, May 4 by Credit Suisse. As per Tuesday, July 10, the company rating was maintained by Citigroup. On Thursday, July 12 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. As per Tuesday, July 31, the company rating was maintained by Citigroup. Citigroup upgraded the shares of KKR in report on Wednesday, May 16 to “Buy” rating. The stock of KKR & Co. Inc. (NYSE:KKR) has “Hold” rating given on Tuesday, July 10 by Deutsche Bank.

The stock increased 0.33% or $0.08 during the last trading session, reaching $24.5. About 978,624 shares traded. KKR & Co. Inc. (NYSE:KKR) has risen 43.23% since October 11, 2017 and is uptrending. It has outperformed by 27.61% the S&P500.

Analysts await KKR & Co. Inc. (NYSE:KKR) to report earnings on October, 25. They expect $0.41 earnings per share, up 13.89 % or $0.05 from last year’s $0.36 per share. KKR’s profit will be $339.83M for 14.94 P/E if the $0.41 EPS becomes a reality. After $0.49 actual earnings per share reported by KKR & Co. Inc. for the previous quarter, Wall Street now forecasts -16.33 % negative EPS growth.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments in fintech sector. The company has market cap of $20.31 billion. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, and middle market investments. It has a 11.01 P/E ratio. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things , internet, information services, information technology infrastructure, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy.

More notable recent KKR & Co. Inc. (NYSE:KKR) news were published by: Themiddlemarket.com which released: “M&A wrap: DSW, ABG, Vince Camuto, Jessica Simpson, Harris Williams, KKR, Accordion” on October 10, 2018, also Twst.com with their article: “KKR & Co. Inc.: KKR Completes Acquisition of Envision Healthcare Corporation” published on October 11, 2018, Seekingalpha.com published: “KKR and partners to buy real estate project in Seoul–total cost $1.9B” on October 10, 2018. More interesting news about KKR & Co. Inc. (NYSE:KKR) were released by: Themiddlemarket.com and their article: “M&A wrap: DSW, ABG, Vince Camuto, Jessica Simpson, TransDigm, KKR, OTTP” published on October 10, 2018 as well as Seekingalpha.com‘s news article titled: “KKR and Tencent lead investment in Philippines’ Voyager Innovations” with publication date: October 04, 2018.

KKR & Co. Inc. (NYSE:KKR) Institutional Positions Chart

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