Compton Capital Management Inc. RI Raises Position in KKR & Co. L.P. (KKR)

Compton Capital Management Inc. RI increased its stake in shares of KKR & Co. L.P. (NYSE:KKR) by 1.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 15,373 shares of the asset manager’s stock after buying an additional 173 shares during the period. Compton Capital Management Inc. RI’s holdings in KKR & Co. L.P. were worth $280,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. FMR LLC boosted its position in shares of KKR & Co. L.P. by 1.0% in the fourth quarter. FMR LLC now owns 40,412,832 shares of the asset manager’s stock valued at $621,953,000 after buying an additional 419,871 shares during the period. Capital Research Global Investors boosted its position in shares of KKR & Co. L.P. by 12.6% in the third quarter. Capital Research Global Investors now owns 10,132,470 shares of the asset manager’s stock valued at $144,489,000 after buying an additional 1,132,470 shares during the period. Bank of Montreal Can boosted its position in shares of KKR & Co. L.P. by 13.8% in the first quarter. Bank of Montreal Can now owns 7,706,695 shares of the asset manager’s stock valued at $140,492,000 after buying an additional 933,031 shares during the period. Edge Asset Management Inc. boosted its position in shares of KKR & Co. L.P. by 18.0% in the fourth quarter. Edge Asset Management Inc. now owns 6,578,852 shares of the asset manager’s stock valued at $101,248,000 after buying an additional 1,002,561 shares during the period. Finally, Brookfield Asset Management Inc. boosted its position in shares of KKR & Co. L.P. by 14.6% in the fourth quarter. 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 period. Hedge funds and other institutional investors own 58.47% of the company’s stock.

Institutional Ownership by Quarter for KKR & Co. L.P. (NYSE:KKR)

KKR & Co. L.P. (NYSE:KKR) traded up 1.71% during trading on Friday, reaching $18.45. The company’s stock had a trading volume of 2,294,142 shares. The stock has a market capitalization of $8.52 billion, a price-to-earnings ratio of 10.47 and a beta of 1.64. KKR & Co. L.P. has a 52 week low of $11.63 and a 52 week high of $19.30. The firm has a 50 day moving average of $18.05 and a 200 day moving average of $17.15.

KKR & Co. L.P. (NYSE:KKR) last announced its quarterly earnings results on Thursday, April 27th. The asset manager reported $0.65 EPS for the quarter, beating the consensus estimate of $0.51 by $0.14. KKR & Co. L.P. had a net margin of 15.48% and a return on equity of 5.55%. The company had revenue of $715.90 million for the quarter, compared to analyst estimates of $297.88 million. During the same quarter last year, the business earned ($0.65) earnings per share. KKR & Co. L.P.’s revenue was up 339.7% compared to the same quarter last year. Analysts expect that KKR & Co. L.P. will post $2.16 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 23rd. Shareholders of record on Monday, May 8th will be paid a $0.17 dividend. The ex-dividend date is Thursday, May 4th. This represents a $0.68 annualized dividend and a dividend yield of 3.75%. This is a positive change from KKR & Co. L.P.’s previous quarterly dividend of $0.16. KKR & Co. L.P.’s dividend payout ratio (DPR) is presently 118.52%.

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Several equities analysts recently issued reports on KKR shares. Zacks Investment Research upgraded KKR & Co. L.P. from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, January 31st. TheStreet upgraded KKR & Co. L.P. from a “c” rating to a “b” rating in a research report on Thursday, April 27th. Vetr cut KKR & Co. L.P. from a “buy” rating to a “hold” rating in a research report on Wednesday, February 1st. Deutsche Bank AG boosted their price target on KKR & Co. L.P. from $18.00 to $20.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Finally, Credit Suisse Group AG set a $19.00 price target on KKR & Co. L.P. and gave the company a “buy” rating in a research report on Thursday, February 16th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. KKR & Co. L.P. has an average rating of “Buy” and a consensus price target of $19.64.

About KKR & Co. L.P.

KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.

12 Month Chart for NYSE:KKR

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