Out of 7 analysts covering KKR (NYSE:KKR), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. KKR has been the topic of 25 analyst reports since September 24, 2015 according to StockzIntelligence Inc. Below is a list of KKR & Co. L.P. (NYSE:KKR) latest ratings and price target changes.
09/08/2016 Broker: Barclays Capital Rating: Overweight Old Target: $16.00 New Target: $17.00 Maintain
02/08/2016 Broker: Jefferies Rating: Buy Old Target: $15.00 New Target: $17.00 Maintain
27/07/2016 Broker: Barclays Capital Rating: Overweight Old Target: $15.00 New Target: $16.00 Maintain
11/07/2016 Broker: Wood Rating: Market Perform Old Target: $21.00 New Target: $20.00 Maintain
26/04/2016 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $15.00 New Target: $14.00 Maintain
About 609,992 shares traded hands. KKR & Co. L.P. (NYSE:KKR) has risen 15.08% since February 8, 2016 and is uptrending. It has underperformed by 1.41% the S&P500.
KKR & CO. L.P. 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 has a market cap of $11.75 billion. 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. It currently has negative earnings. It operates through four divisions.
The institutional sentiment decreased to 0.87 in Q2 2016. Its down 0.09, from 0.96 in 2016Q1. The ratio turned negative, as 27 funds sold all KKR & Co. L.P. shares owned while 100 reduced positions. 28 funds bought stakes while 83 increased positions. They now own 238.19 million shares or 4.96% less from 250.63 million shares in 2016Q1.
Crescent Capital Group Lp holds 66.22% of its portfolio in KKR & Co. L.P. for 4.00 million shares. Shanda Asset Management Holdings Ltd owns 4.63 million shares or 11% of their US portfolio. Moreover, Matthew 25 Management Corp has 5.71% invested in the company for 1.65 million shares. The Switzerland-based Partners Group Holding Ag has invested 5.6% in the stock. Walnut Private Equity Partners Llc, a Nebraska-based fund reported 438,235 shares.
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