Credit Suisse Group set a $19.00 target price on KKR & Co. L.P. (NYSE:KKR) in a report issued on Thursday. The firm currently has a buy rating on the stock.

Several other analysts have also recently weighed in on KKR. Citigroup Inc. reaffirmed a buy rating and set a $17.50 price objective on shares of KKR & Co. L.P. in a research note on Wednesday, October 26th. Jefferies Group LLC reaffirmed a buy rating and set a $17.00 price objective on shares of KKR & Co. L.P. in a research note on Wednesday, October 26th. JMP Securities reaffirmed a market perform rating on shares of KKR & Co. L.P. in a research note on Wednesday, October 26th. Zacks Investment Research cut shares of KKR & Co. L.P. from a buy rating to a hold rating in a research note on Tuesday, November 8th. Finally, Wells Fargo & Company reaffirmed an outperform rating and set a $17.00 price objective (up from $16.00) on shares of KKR & Co. L.P. in a research note on Sunday, December 4th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. KKR & Co. L.P. currently has an average rating of Buy and a consensus price target of $18.08.

KKR & Co. L.P. (NYSE:KKR) traded up 0.916% on Thursday, reaching $18.175. 1,057,559 shares of the company’s stock traded hands. KKR & Co. L.P. has a 52-week low of $11.63 and a 52-week high of $18.40. The firm’s 50 day moving average price is $17.31 and its 200 day moving average price is $15.48. The firm has a market capitalization of $8.22 billion, a PE ratio of 30.805 and a beta of 1.64.

KKR & Co. L.P. (NYSE:KKR) last posted its earnings results on Thursday, February 9th. The company reported $0.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.43 by $0.03. The business earned $481.50 million during the quarter, compared to the consensus estimate of $273.23 million. KKR & Co. L.P. had a net margin of 15.48% and a return on equity of 5.55%. The business’s revenue was up 56.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.08 EPS. On average, analysts predict that KKR & Co. L.P. will post $2.03 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 7th. Stockholders of record on Tuesday, February 21st will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Thursday, February 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.55%. KKR & Co. L.P.’s payout ratio is 118.52%.

Several institutional investors have recently made changes to their positions in the company. American National Registered Investment Advisor Inc. raised its position in shares of KKR & Co. L.P. by 68.0% in the second quarter. American National Registered Investment Advisor Inc. now owns 37,850 shares of the company’s stock worth $467,000 after buying an additional 15,325 shares during the last quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd raised its position in shares of KKR & Co. L.P. by 103.2% in the second quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd now owns 4,631,954 shares of the company’s stock worth $57,158,000 after buying an additional 2,352,517 shares during the last quarter. Bienville Capital Management LLC bought a new position in shares of KKR & Co. L.P. during the second quarter worth about $190,000. Coronation Fund Managers Ltd. bought a new position in shares of KKR & Co. L.P. during the second quarter worth about $46,915,000. Finally, Compton Capital Management Inc. RI raised its position in shares of KKR & Co. L.P. by 0.6% in the second quarter. Compton Capital Management Inc. RI now owns 16,700 shares of the company’s stock worth $206,000 after buying an additional 100 shares during the last quarter. Institutional investors own 58.47% of the company’s stock.

KKR & Co. L.P. Company Profile

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.

5 Day Chart for NYSE:KKR

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