Kkr & Co. LP (KKR) Share Price Rose While Matthew 25 Management Corp Cut Its Holding

November 10, 2018 - By Jeanette Kaplan

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. Adirondack Company stated it has 0.03% in KKR & Co. Inc. (NYSE:KKR). Blackrock has invested 0% in KKR & Co. Inc. (NYSE:KKR). California-based California Public Employees Retirement Sys has invested 0.04% in KKR & Co. Inc. (NYSE:KKR). Covey Cap Advsrs Ltd Limited Liability Company reported 7.34% in KKR & Co. Inc. (NYSE:KKR). Pennsylvania Trust has invested 0.01% of its portfolio in KKR & Co. Inc. (NYSE:KKR). Nebraska-based Elkhorn Ptnrs Ltd Partnership has invested 0.58% in KKR & Co. Inc. (NYSE:KKR). Moody Comml Bank Trust Division holds 0.04% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 30,500 shares. Benjamin F Edwards Company has 0% invested in KKR & Co. Inc. (NYSE:KKR) for 680 shares. Veritable LP holds 0.01% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 27,869 shares. Bank has invested 0.05% in KKR & Co. Inc. (NYSE:KKR). Jane Street Gru Limited Liability Company reported 672,576 shares stake. Bbr Partners Lc has 0.08% invested in KKR & Co. Inc. (NYSE:KKR) for 20,000 shares. Trustees Of Dartmouth College holds 1,200 shares or 0.04% of its portfolio. Artemis Inv Mgmt Ltd Liability Partnership reported 1.53% stake. Moreover, Thompson Davis And Communication has 0.04% invested in KKR & Co. Inc. (NYSE:KKR).

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 $12.59B market cap company. The stock decreased 2.66% or $0.65 during the last trading session, reaching $23.79. About 2.50 million 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. As per Tuesday, July 10, the company rating was maintained by Citigroup. The stock of KKR & Co. Inc. (NYSE:KKR) has “Buy” rating given on Tuesday, July 31 by Citigroup. On Wednesday, July 18 the stock rating was maintained by Oppenheimer with “Outperform”. As per Thursday, July 12, the company rating was maintained by Morgan Stanley. Citigroup upgraded KKR & Co. Inc. (NYSE:KKR) on Wednesday, May 16 to “Buy” rating. The rating was maintained by Oppenheimer on Wednesday, May 16 with “Buy”. The firm has “Buy” rating by Argus Research given on Friday, October 26. The company was maintained on Tuesday, July 10 by Wells Fargo. On Thursday, October 11 the stock rating was maintained by Deutsche Bank with “Hold”. Deutsche Bank maintained KKR & Co. Inc. (NYSE:KKR) on Tuesday, July 10 with “Hold” rating.

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

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