Artemis Investment Management Llp buys $52,968,639 stake in KKR & Co. L.P. (KKR)

KKR & Co. L.P. (KKR) : Artemis Investment Management Llp scooped up 581,083 additional shares in KKR & Co. L.P. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 3,598,413 shares of KKR & Co. L.P. which is valued at $52,968,639.KKR & Co. L.P. makes up approximately 1.38% of Artemis Investment Management Llp’s portfolio.

Other Hedge Funds, Including , Calamos Advisors boosted its stake in KKR in the latest quarter, The investment management firm added 76,299 additional shares and now holds a total of 134,578 shares of KKR & Co. L.P. which is valued at $1,980,988. KKR & Co. L.P. makes up approx 0.02% of Calamos Advisors’s portfolio.Financial Architects Inc boosted its stake in KKR in the latest quarter, The investment management firm added 1,500 additional shares and now holds a total of 5,379 shares of KKR & Co. L.P. which is valued at $79,179. KKR & Co. L.P. makes up approx 0.02% of Financial Architects Inc’s portfolio.Rothschild Investment Corp Il boosted its stake in KKR in the latest quarter, The investment management firm added 7,100 additional shares and now holds a total of 106,331 shares of KKR & Co. L.P. which is valued at $1,499,267. KKR & Co. L.P. makes up approx 0.18% of Rothschild Investment Corp Il’s portfolio. Douglass Winthrop Advisors added KKR to its portfolio by purchasing 24,500 company shares during the most recent quarter which is valued at $303,800. KKR & Co. L.P. makes up approx 0.02% of Douglass Winthrop Advisors’s portfolio.

KKR & Co. L.P. closed down -0.24 points or -1.63% at $14.44 with 19,30,836 shares getting traded on Friday. Post opening the session at $14.6, the shares hit an intraday low of $14.39 and an intraday high of $14.69 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, KKR & Co. L.P. reported $0.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.05. The company had revenue of $576.70 million for the quarter, compared to analysts expectations of $273.70 million. The company’s revenue was up 125.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS.

Many Wall Street Analysts have commented on KKR & Co. L.P.. Credit Suisse Resumed KKR & Co. L.P. on Jul 7, 2016 to “Outperform”, Price Target of the shares are set at $16.

KKR & CO. L.P. (KKR) 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 Company operates through three segments: Private Markets Public Markets Capital Markets and Other and Client & Partner Group. Through Private Markets segment the Company manages and sponsors a group of private equity funds and co-investment vehicles that invest capital for long-term appreciation either through controlling ownership of a company or strategic minority positions. The Company operates its combined credit and hedge funds businesses through the Public Markets segment. The Capital Markets and Other segment consist primarily of KKR’s global capital markets business.

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