Reaffirmed: KKR \u0026 Co (NYSE:KKR) Hold Rating Maintained by Analysts at Deutsche Bank; $27 Target in Place

October 11, 2018 - By Hugh Holland

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.

Moreover, Telemus Limited Liability Company has 0.18% invested in KKR & Co. Inc. (NYSE:KKR) for 91,682 shares. State Street reported 401,789 shares or 0% of all its holdings. Moreover, Private Wealth Partners Lc has 0.8% invested in KKR & Co. Inc. (NYSE:KKR) for 185,490 shares. Bollard Group Lc reported 278,476 shares. Staley Advisers reported 40,200 shares or 0.08% of all its holdings. Cambridge Invest Research Advsr holds 0.01% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 39,700 shares. Raymond James Associates reported 0.01% stake. First Eagle Investment Mgmt Ltd Liability Com has invested 0.07% in KKR & Co. Inc. (NYSE:KKR). Stelac Advisory Limited Liability Co holds 0.05% or 7,161 shares in its portfolio. Bnp Paribas Asset Hldgs Sa, France-based fund reported 110,642 shares. The Minnesota-based Walleye Trading Limited Liability Company has invested 0.11% in KKR & Co. Inc. (NYSE:KKR). Trustees Of Dartmouth College holds 1,200 shares or 0.04% of its portfolio. American Financial Group reported 530,600 shares. Massachusetts-based Moors And Cabot has invested 0.11% in KKR & Co. Inc. (NYSE:KKR). Pinnacle Prtn owns 61,877 shares or 0.15% of their US portfolio.

KKR \u0026 Co (NYSE:KKR) Rating Reaffirmed

Equities researchers at Deutsche Bank now has a $27 target price per share on KKR \u0026 Co (NYSE:KKR). Deutsche Bank and their recent target price per share indicates a potential upside of 10.20 % from the company’s last close price. The rating has been released in a note on Thursday, 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. The rating was maintained by Oppenheimer with “Buy” on Wednesday, May 16. The stock of KKR & Co. Inc. (NYSE:KKR) has “Equal-Weight” rating given on Thursday, July 12 by Morgan Stanley. Deutsche Bank maintained the shares of KKR in report on Tuesday, July 10 with “Hold” rating. Oppenheimer maintained the shares of KKR in report on Wednesday, July 18 with “Outperform” rating. Citigroup maintained the stock with “Buy” rating in Tuesday, July 10 report. Citigroup upgraded the shares of KKR in report on Wednesday, May 16 to “Buy” rating. Wells Fargo maintained KKR & Co. Inc. (NYSE:KKR) on Tuesday, July 10 with “Outperform” rating. Deutsche Bank maintained KKR & Co. Inc. (NYSE:KKR) on Friday, May 4 with “Hold” rating. Credit Suisse maintained the shares of KKR in report on Friday, May 4 with “Outperform” rating. The rating was maintained by Citigroup on Tuesday, July 31 with “Buy”.

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

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

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