Live Stock Coverage: Institutional Investors Hate on KKR & Co LP Dropped

November 29, 2016 - By Winifred Garcia   ·   0 Comments

Live Stock Coverage: Institutional Investors  Hate on KKR & Co LP  Dropped

Sentiment for KKR & Co LP (NYSE:KKR)

KKR & Co LP (NYSE:KKR) institutional sentiment increased to 0.89 in 2016 Q2. Its up 0.02, from 0.87 in 2016Q1. The ratio improved, as 111 investment professionals opened new or increased positions, while 127 sold and decreased their holdings in KKR & Co LP. The investment professionals in our partner’s database now have: 238.19 million shares, down from 250.63 million shares in 2016Q1. Also, the number of investment professionals holding KKR & Co LP in their top 10 positions decreased from 11 to 8 for a decrease of 3. Sold All: 27 Reduced: 100 Increased: 83 New Position: 28.

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 $11.85 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 has a 58.26 P/E ratio. It operates through four divisions.

About 1.04 million shares traded hands. KKR & Co. L.P. (NYSE:KKR) has risen 5.85% since April 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.

Analysts await KKR & Co. L.P. (NYSE:KKR) to report earnings on February, 9. They expect $0.48 EPS, up 500.00% or $0.40 from last year’s $0.08 per share. KKR’s profit will be $373.23 million for 7.94 P/E if the $0.48 EPS becomes a reality. After $0.71 actual EPS reported by KKR & Co. L.P. for the previous quarter, Wall Street now forecasts -32.39% negative EPS growth.

According to Zacks Investment Research, “Kohlberg Kravis Roberts & Co. provides a range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation; invests in leveraged loans, high-yield bonds and less liquid credit products; and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice. Kohlberg Kravis Roberts & Co. is based at New York, New York.”

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.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 1 insider sale for $2.39 million net activity.

KKR & Co. L.P. (NYSE:KKR) Ratings Coverage

Ratings analysis reveals 50% of Kohlberg Kravis Roberts & Co.’s analysts are positive. Out of 8 Wall Street analysts rating Kohlberg Kravis Roberts & Co., 4 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $14 while the high is $31. The stock’s average target of $20.75 is 36.15% above today’s ($15.24) share price. KKR was included in 31 notes of analysts from July 28, 2015. On Monday, July 11 the stock rating was maintained by Wood with “Market Perform”. The firm has “Overweight” rating given on Friday, February 12 by Barclays Capital. The rating was maintained by Deutsche Bank with “Hold” on Friday, March 11. The stock of KKR & Co. L.P. (NYSE:KKR) earned “Hold” rating by Standpoint Research on Sunday, August 9. The stock has “Outperform” rating given by Oppenheimer on Thursday, September 24. Barclays Capital maintained the shares of KKR in a report on Tuesday, August 9 with “Overweight” rating. The rating was maintained by Citigroup on Thursday, September 10 with “Buy”. Jefferies initiated the shares of KKR in a report on Thursday, December 10 with “Buy” rating. The stock of KKR & Co. L.P. (NYSE:KKR) earned “Outperform” rating by Oppenheimer on Wednesday, October 28. The rating was initiated by Goldman Sachs with “Neutral” on Tuesday, August 11.

KKR Company Profile

KKR & CO. L.P. (KKR), incorporated on June 25, 2007, 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. The Firm conducts its business with offices across the world, providing it with a global platform for sourcing transactions, raising capital and carrying out capital markets activities. The Firm operates through four divisions: Private Markets, Public Markets, Capital Markets and Principal Activities.

Another recent and important KKR & Co. L.P. (NYSE:KKR) news was published by Reuters.com which published an article titled: “BRIEF-KKR & Co Lp acquires Arle’s stake in Hilding Anders” on November 29, 2016.

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By Winifred Garcia


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