Kkr & Co. LP (KKR) Stock Rose While Matthew 25 Management Corp Has Decreased Stake

September 16, 2018 - By Kyle Williams

KKR & Co. Inc. (NYSE:KKR) LogoInvestors sentiment decreased to 0.52 in 2018 Q2. Its down 0.64, from 1.16 in 2018Q1. It dropped, 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. Lazard Asset Mgmt Ltd Liability Corporation holds 0% or 6,000 shares. Walleye Trading Ltd Limited Liability Company invested in 837,499 shares or 0.11% of the stock. Thompson Siegel & Walmsley Ltd Company owns 5,530 shares. Raymond James Advsrs Incorporated holds 64,915 shares. Barclays Public Ltd holds 0.02% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 953,046 shares. Principal Gp reported 15.78 million shares or 0.36% of all its holdings. Cambridge Invest Advsr Incorporated holds 0.01% in KKR & Co. Inc. (NYSE:KKR) or 39,700 shares. Winslow Evans & Crocker Inc reported 0.01% of its portfolio in KKR & Co. Inc. (NYSE:KKR). Concourse Cap Mngmt Ltd Limited Liability Company holds 386,983 shares. Essex Finance Serv invested in 0.14% or 23,308 shares. Teton holds 90,843 shares or 0.2% of its portfolio. Pzena Mngmt Limited Liability, New York-based fund reported 641,030 shares. Moreover, M&T Bancorp Corporation has 0% invested in KKR & Co. Inc. (NYSE:KKR) for 8,483 shares. 11,770 are held by First Midwest Commercial Bank Tru Division. First City Mngmt Inc holds 13,357 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 1.47 million shares of the investment managers company at the end of 2018Q2, valued at $36.41 million, down from 1.60M 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 $13.67 billion market cap company. The stock increased 1.25% or $0.34 during the last trading session, reaching $27.52. About 4.72 million shares traded. KKR & Co. Inc. (NYSE:KKR) has risen 43.23% since September 16, 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 EPS, up 13.89 % or $0.05 from last year’s $0.36 per share. KKR’s profit will be $203.72M for 16.78 P/E if the $0.41 EPS becomes a reality. After $0.49 actual EPS reported by KKR & Co. Inc. for the previous quarter, Wall Street now forecasts -16.33 % negative EPS growth.

More recent KKR & Co. Inc. (NYSE:KKR) news were published by: Seekingalpha.com which released: “KKR closes $7.4B global infrastructure fund” on September 06, 2018. Also Themiddlemarket.com published the news titled: “M&A wrap: Monroe Capital, Duane Morris, Fiat Chrysler, KKR, Coca-Cola, PepsiCo” on September 13, 2018. Seekingalpha.com‘s news article titled: “How Has KKR’s New Corporate Stock Structure Been Faring?” with publication date: August 26, 2018 was also an interesting one.

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

Among 7 analysts covering KKR (NYSE:KKR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. KKR had 13 analyst reports since April 6, 2018 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Tuesday, July 31 report. The stock of KKR & Co. Inc. (NYSE:KKR) has “Outperform” rating given on Wednesday, July 18 by Oppenheimer. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, July 12. The rating was maintained by Deutsche Bank on Friday, May 4 with “Hold”. Citigroup upgraded the stock to “Buy” rating in Wednesday, May 16 report. The firm has “Hold” rating by Deutsche Bank given on Tuesday, July 10. The rating was maintained by Oppenheimer with “Buy” on Wednesday, May 16. The rating was maintained by Credit Suisse on Friday, May 4 with “Outperform”. Wells Fargo maintained the shares of KKR in report on Tuesday, July 10 with “Outperform” rating. The stock of KKR & Co. Inc. (NYSE:KKR) has “Equal-Weight” rating given on Tuesday, April 10 by Morgan Stanley.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.