As Kkr & Co. LP (KKR) Share Value Rose, Holder Matthew 25 Management Corp Cut Its Position

November 10, 2018 - By Michael Collier

KKR & Co. Inc. (NYSE:KKR) LogoInvestors sentiment decreased to 0.52 in 2018 Q2. Its down 0.64, from 1.16 in 2018Q1. It dived, as 90 investors sold KKR 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. Northern Tru holds 0% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 544,708 shares. Franklin Street Advisors Nc invested in 17,375 shares or 0.06% of the stock. Bollard Group Ltd Liability stated it has 278,476 shares or 0.32% of all its holdings. Alps Advsr Inc stated it has 533,700 shares or 0.08% of all its holdings. Diligent Ltd Llc has invested 0.27% in KKR & Co. Inc. (NYSE:KKR). Guinness Asset Ltd invested in 18,200 shares or 0.09% of the stock. Ci Invs holds 782,000 shares. The Virginia-based Thompson Davis & Company has invested 0.04% in KKR & Co. Inc. (NYSE:KKR). The Massachusetts-based Wellington Management Gp Limited Liability Partnership has invested 0.02% in KKR & Co. Inc. (NYSE:KKR). Clearbridge Invests Limited Liability has 86,661 shares. Grand Jean Capital reported 1.32% stake. Trustees Of Dartmouth College holds 0.04% or 1,200 shares in its portfolio. Oxbow Advsrs Limited Com holds 0.6% or 188,892 shares. Beaumont Fincl Ptnrs Ltd accumulated 10,000 shares. Grp One Trading LP holds 0.14% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 643,996 shares.

Matthew 25 Management Corp decreased its stake in Kkr & Co. Lp (KKR) by 8.44% based on its latest 2018Q2 regulatory filing with the SEC. Matthew 25 Management Corp sold 135,000 shares as the company’s stock rose 13.71% with the market. The institutional investor held 1.47M shares of the investment managers company at the end of 2018Q2, valued at $36.41 million, down from 1.60 million at the end of the previous reported quarter. Matthew 25 Management Corp who had been investing in Kkr & Co. Lp for a number of months, seems to be less bullish one the $12.59B market cap company. The stock decreased 2.66% or $0.65 during the last trading session, reaching $23.79. About 2.50M shares traded. KKR & Co. Inc. (NYSE:KKR) has risen 43.23% since November 10, 2017 and is uptrending. It has outperformed by 27.61% the S&P500.

More news for KKR & Co. Inc. (NYSE:KKR) were recently published by: Seekingalpha.com, which released: “More on KKR Q3: AUM rise $3.3B to $195B” on October 25, 2018. Bizjournals.com‘s article titled: “Exclusive: Global investor KKR to buy Oakland landmark for $255 million” and published on October 19, 2018 is yet another important article.

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

Among 6 analysts covering KKR & Co (NYSE:KKR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. KKR & Co had 10 analyst reports since May 16, 2018 according to SRatingsIntel. Wells Fargo maintained the stock with “Outperform” rating in Tuesday, July 10 report. The stock of KKR & Co. Inc. (NYSE:KKR) has “Buy” rating given on Wednesday, May 16 by Citigroup. The company was maintained on Tuesday, July 31 by Citigroup. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, July 12. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, July 10 report. Deutsche Bank maintained it with “Hold” rating and $27 target in Thursday, October 11 report. Argus Research upgraded it to “Buy” rating and $28 target in Friday, October 26 report. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, July 18. The firm has “Buy” rating given on Tuesday, July 10 by Citigroup. On Wednesday, May 16 the stock rating was maintained by Oppenheimer with “Buy”.

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

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