The stock of KKR & Co. Inc (NYSE:KKR) last traded at $112.11, up 3.64% from the previous session.
KKR stock price is now -22.43% away from the 50-day moving average and -14.90% away from the 200-day moving average. The market capitalization of the company currently stands at $99.58B.
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With the price target maintained at $173, HSBC Securities recently Downgraded its rating from Buy to Hold for KKR & Co. Inc (NYSE: KKR). On September 18, 2024, HSBC Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $148, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, KKR Group Partnership L.P., 10% Owner sold 2,948,723 shares of the company’s stock on Mar 10 ’25. The stock was sold for $29,221,845 at an average price of $9.91. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’25, 10% Owner KKR Genetic Disorder L.P. sold 6,000,000 shares of the business’s stock. A total of $197,760,000 was realized by selling the stock at an average price of $32.96. This leaves the insider owning 19,260,971 shares of the company worth $2.16 billion. A total of 23.84% of the company’s stock is owned by insiders.
During the past 12 months, KKR & Co. Inc has had a low of $91.92 and a high of $170.40.
The net profit margin was 13.16% and return on equity was 13.23% for KKR. The company reported revenue of $3.26 billion for the quarter, compared to $4.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.45 percent.
