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KKR

KKR & (KKR) Stock Sees Decline – What's Behind It?

KKR & stock is trading -11.24% below its average target price of $171.67 after dropping -6.6% during today's afternoon session. Analysts are giving the Large-Cap Asset Management company an average rating of buy and target prices ranging from $130.0 to $213.0 per share.

The stock has a very low short interest at 1.6%, and a short ratio of 3.38. The company's insiders own 24.01% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 61.0% of KKR &'s shares being owned by this investor type.

Institutions Invested in KKR &

Date Reported Holder Percentage Shares Value
2024-09-30 Vanguard Group Inc 6% 56,245,699 $8,570,156,881
2024-09-30 Blackrock Inc. 5% 44,151,046 $6,727,294,663
2024-09-30 Capital International Investors 4% 39,775,853 $6,060,646,527
2024-09-30 State Street Corporation 3% 26,703,762 $4,068,852,085
2024-09-30 Wellington Management Group, LLP 3% 23,432,827 $3,570,459,735
2024-09-30 JP Morgan Chase & Company 2% 21,105,058 $3,215,777,584
2024-12-31 Principal Financial Group, Inc. 2% 18,928,806 $2,884,182,077
2024-09-30 Capital World Investors 2% 18,865,745 $2,874,573,473
2024-09-30 Massachusetts Financial Services Co. 2% 16,808,390 $2,561,094,302
2024-09-30 Geode Capital Management, LLC 2% 13,589,852 $2,070,685,682

Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on KKR &.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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