Stock of the Day

KKR & Co. Inc. (KKR)

$123.52

+$2.88 (+2.4%)

Market Cap: $110.04B

About KKR & Co. Inc.

KKR & Co., Inc. operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm's business segments include Asset Management and Insurance Business.

The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities. The Insurance Business segment offers retirement, life insurance and reinsurance solutions to clients across individual and institutional markets. The company was founded by Henry Kravis, George R. Roberts, and Jerome Kholberg on May 1, 1976 and is headquartered in New York, NY.

KKR & Co. Inc. Bull Case

Here are some ways that investors could benefit from investing in Kohlberg Kravis Roberts & Co. L.P.:

• The current stock price is around $149.43, reflecting a strong market position and investor confidence in the company's future growth.
• Institutional investors own a significant portion of the company, with over 76% of the stock held by these entities, indicating strong institutional support and confidence in the company's performance.
• Recent upgrades from multiple analysts, including a "strong-buy" rating from HSBC Global Res, suggest positive sentiment and potential for stock appreciation.
• KKR has seen substantial investment from hedge funds, with notable acquisitions in the last quarter, indicating growing interest and confidence in the company's prospects.
• The company has a diverse investment portfolio, which can help mitigate risks and provide stability in various market conditions.

KKR & Co. Inc. Bear Case

Investors should be bearish about investing in Kohlberg Kravis Roberts & Co. L.P. for these reasons:

• Some analysts have lowered their price targets for the stock, which may indicate concerns about future performance or market conditions.
• There is one sell rating among analysts, suggesting that not all market experts are optimistic about the company's future.
• The competitive landscape in the asset management industry is intense, which could impact KKR's market share and profitability.
• Recent market volatility may pose risks to the company's investment strategies and overall performance.
• High levels of institutional ownership can sometimes lead to increased volatility, as large investors may sell off shares quickly in response to market changes.

Recent News

• Henry Kravis Sells KKR Stock for First Time in Years (barrons.com)
• KKR Quit Thames Bid After It Saw Little Upside to a Rescue (bloomberg.com)
• AEP Closes on Transmission Investment Strategic Partnership with KKR and PSP Investments (prnewswire.com)
• KKR’s CEO on the new rules of private equity (and the next big trends) (afr.com)
• KKR Backs Out of £4 Billion Thames Water Deal (msn.com)
• Thames Water creditors see a 'short and closing window' to rescue company (msn.com)
• Thames Water: What next after KKR walks? (msn.com)
• KKR abandoned Thames Water rescue despite No 10 talks with Kravis (msn.com)
• Private equity firm KKR drops out of rescue deal for British utility Thames Water (theglobeandmail.com)
• Thames Water rescue takeover collapses after private equity firm KKR drops out (msn.com)