Matthew 25 Management Corp Position in Kkr & Co. LP (KKR) Has Trimmed by $3.24 Million

September 16, 2018 - By Michele Cranor

KKR & Co. Inc. (NYSE:KKR) LogoInvestors sentiment decreased to 0.52 in 2018 Q2. Its down 0.64, from 1.16 in 2018Q1. It fall, 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. Principal invested in 0.36% or 15.78 million shares. First Dallas Secs has invested 0.17% in KKR & Co. Inc. (NYSE:KKR). Us National Bank & Trust De stated it has 0% in KKR & Co. Inc. (NYSE:KKR). 2.40 million were reported by Davis Selected Advisers. Signaturefd Limited Liability Co owns 0.04% invested in KKR & Co. Inc. (NYSE:KKR) for 15,150 shares. Ontario – Canada-based Manufacturers Life Insurance Com The has invested 0% in KKR & Co. Inc. (NYSE:KKR). Thompson Davis And holds 625 shares. Creative Planning holds 0.01% or 65,470 shares in its portfolio. The New York-based Morgens Waterfall Vintiadis And Inc has invested 0.53% in KKR & Co. Inc. (NYSE:KKR). Staley Advisers Inc has 40,200 shares. Renaissance Tech Ltd holds 0.04% or 1.93 million shares. Green Square Cap Ltd Liability Corp stated it has 0.12% in KKR & Co. Inc. (NYSE:KKR). Chemical National Bank stated it has 19,100 shares or 0.05% of all its holdings. Matthew 25 stated it has 1.47 million shares or 10.98% of all its holdings. 643,996 were accumulated by Group Inc One Trading L P.

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 1.47M 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 4.72M 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 earnings per share, 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 earnings per share 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: Themiddlemarket.com which released: “M&A wrap: Monroe Capital, Duane Morris, Fiat Chrysler, KKR, Coca-Cola, PepsiCo” on September 13, 2018. Also Seekingalpha.com published the news titled: “KKR closes $7.4B global infrastructure fund” on September 06, 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. The company was maintained on Tuesday, July 10 by Deutsche Bank. The stock of KKR & Co. Inc. (NYSE:KKR) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, April 10. Keefe Bruyette & Woods maintained the shares of KKR in report on Wednesday, April 11 with “Buy” rating. Citigroup maintained the stock with “Buy” rating in Tuesday, July 10 report. The stock of KKR & Co. Inc. (NYSE:KKR) earned “Buy” rating by Oppenheimer on Wednesday, May 16. The firm earned “Hold” rating on Friday, April 6 by Deutsche Bank. The company was upgraded on Wednesday, May 16 by Citigroup. The rating was maintained by Wells Fargo with “Outperform” on Tuesday, July 10. The stock has “Buy” rating by Citigroup on Tuesday, July 31. On Thursday, July 12 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

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

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