KKR & Co. L.P. (KKR) : Brandywine Global Investment Management reduced its stake in KKR & Co. L.P. by 1.1% during the most recent quarter end. The investment management company now holds a total of 8,513,616 shares of KKR & Co. L.P. which is valued at $125,831,244 after selling 95,010 shares in KKR & Co. L.P. , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.KKR & Co. L.P. makes up approximately 0.81% of Brandywine Global Investment Management’s portfolio.
Other Hedge Funds, Including , Jane Street Group sold out all of its stake in KKR during the most recent quarter. The investment firm sold 19,692 shares of KKR which is valued $291,048.Bnp Paribas Investment Partners S.a. boosted its stake in KKR in the latest quarter, The investment management firm added 30,624 additional shares and now holds a total of 810,674 shares of KKR & Co. L.P. which is valued at $12,006,082. KKR & Co. L.P. makes up approx 0.10% of Bnp Paribas Investment Partners S.a.’s portfolio.Bb&t Securities boosted its stake in KKR in the latest quarter, The investment management firm added 1,450 additional shares and now holds a total of 43,214 shares of KKR & Co. L.P. which is valued at $632,221. KKR & Co. L.P. makes up approx 0.01% of Bb&t Securities’s portfolio.Newsquare Capital boosted its stake in KKR in the latest quarter, The investment management firm added 8,394 additional shares and now holds a total of 53,340 shares of KKR & Co. L.P. which is valued at $785,165. KKR & Co. L.P. makes up approx 0.19% of Newsquare Capital’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.
KKR & Co. L.P. closed down -0.21 points or -1.40% at $14.78 with 8,64,915 shares getting traded on Thursday. Post opening the session at $14.99, the shares hit an intraday low of $14.69 and an intraday high of $15.11 and the price fluctuated in this range throughout the day.Shares ended Thursday 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 Companys 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.