Matthew 25 Management Corp Trimmed Its Kkr & Co. LP (KKR) Holding by $3.24 Million as Share Value Rose

September 16, 2018 - By Jason Dias

KKR & Co. Inc. (NYSE:KKR) LogoInvestors sentiment decreased to 0.52 in Q2 2018. Its down 0.64, from 1.16 in 2018Q1. It worsened, 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 Fin Gp invested in 15.78 million shares or 0.36% of the stock. Glenmede Na holds 0% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 3,384 shares. Diligent Invsts stated it has 17,615 shares. Alliancebernstein LP stated it has 3.95 million shares. Gradient Investments Limited Liability Com, a Minnesota-based fund reported 515 shares. Bnp Paribas Asset Mngmt Hldg invested in 110,642 shares. Hodges Capital Management Inc holds 0.05% or 25,807 shares in its portfolio. Lazard Asset Mgmt Ltd holds 0% of its portfolio in KKR & Co. Inc. (NYSE:KKR) for 6,000 shares. Manufacturers Life Insurance The holds 0% or 4,249 shares. Da Davidson & reported 0% in KKR & Co. Inc. (NYSE:KKR). Wellington Management Grp Ltd Liability Partnership, a Massachusetts-based fund reported 4.48M shares. Bbr Prtn Limited Co reported 20,000 shares stake. E&G Advsrs LP has 19,500 shares. Moreover, Stifel Fin Corp has 0.01% invested in KKR & Co. Inc. (NYSE:KKR) for 81,844 shares. Shanda Asset Mgmt Holdg Ltd stated it has 5.37% 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 1.47M shares of the investment managers company at the end of 2018Q2, valued at $36.41M, 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 $13.67B market cap company. The stock increased 1.25% or $0.34 during the last trading session, reaching $27.52. About 4.72 million 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 EPS, 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 EPS 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 stock of KKR & Co. Inc. (NYSE:KKR) earned “Outperform” rating by Credit Suisse on Friday, May 4. As per Tuesday, July 10, the company rating was maintained by Citigroup. Deutsche Bank maintained it with “Hold” rating and $21 target in Friday, April 6 report. Morgan Stanley maintained the shares of KKR in report on Tuesday, April 10 with “Equal-Weight” rating. Oppenheimer maintained the stock with “Outperform” rating in Wednesday, July 18 report. The rating was upgraded by Citigroup to “Buy” on Wednesday, May 16. The stock of KKR & Co. Inc. (NYSE:KKR) earned “Buy” rating by Oppenheimer on Wednesday, May 16. Deutsche Bank maintained KKR & Co. Inc. (NYSE:KKR) on Tuesday, July 10 with “Hold” rating. The firm earned “Equal-Weight” rating on Thursday, July 12 by Morgan Stanley. As per Wednesday, April 11, the company rating was maintained by Keefe Bruyette & Woods.

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

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