Focused Wealth Management Inc buys $1,214,990 stake in KKR & Co. L.P. (KKR)

KKR & Co. L.P. (KKR) : Focused Wealth Management Inc scooped up 13,497 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 Aug 10, 2016. The investment management firm now holds a total of 82,205 shares of KKR & Co. L.P. which is valued at $1,214,990.KKR & Co. L.P. makes up approximately 0.54% of Focused Wealth Management Inc’s portfolio.

Other Hedge Funds, Including , Ancora Inverness reduced its stake in KKR by selling 14,177 shares or 46.66% in the most recent quarter. The Hedge Fund company now holds 16,204 shares of KKR which is valued at $231,069. KKR & Co. L.P. makes up approx 0.09% of Ancora Inverness’s portfolio.Artemis Investment Management Llp boosted its stake in KKR in the latest quarter, The investment management firm added 581,083 additional shares and 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 approx 1.38% of Artemis Investment Management Llp’s portfolio.Private Capital Advisors reduced its stake in KKR by selling 2,550 shares or 3.27% in the most recent quarter. The Hedge Fund company now holds 75,465 shares of KKR which is valued at $1,064,057. KKR & Co. L.P. makes up approx 0.39% of Private Capital Advisors’s portfolio.Creative Planning reduced its stake in KKR by selling 18,607 shares or 26.62% in the most recent quarter. The Hedge Fund company now holds 51,297 shares of KKR which is valued at $636,083.

KKR & Co. L.P. opened for trading at $15.05 and hit $15.17 on the upside on Friday, eventually ending the session at $15.09, with a gain of 0.27% or 0.04 points. The heightened volatility saw the trading volume jump to 15,77,030 shares. Company has a market cap of $6,713 M.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

KKR & Co. L.P. - Is it time to Sell?

Top Brokerage Firms are advising their investors on KKR & Co. L.P.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.