Kkr & Co LP (KKR) Holding Maintained by Valueact Holdings Lp

March 15, 2018 - By Michael Collier

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.11, from 1.08 in 2017Q2. It turned negative, as 32 investors sold KKR shares while 84 reduced holdings. 28 funds opened positions while 84 raised stakes. 286.80 million shares or 0.90% more from 284.23 million shares in 2017Q2 were reported. Tradewinds Cap Mgmt Limited Com accumulated 1,300 shares or 0.01% of the stock. Provise Management Group Incorporated Lc holds 0.03% in KKR & Co. L.P. (NYSE:KKR) or 10,215 shares. Bbr Prtn Limited Liability Com invested in 0.09% or 20,000 shares. Hollow Brook Wealth Management Limited Liability Com has invested 0.41% in KKR & Co. L.P. (NYSE:KKR). Catalyst Capital Advsrs Ltd Company has invested 0.05% in KKR & Co. L.P. (NYSE:KKR). Valueact Holding Limited Partnership reported 45.56M shares stake. Blackrock has 0% invested in KKR & Co. L.P. (NYSE:KKR). Jabre Capital Prtnrs Sa accumulated 465,000 shares. Maverick Limited reported 183,970 shares. Rech Global holds 0.1% or 16.64M shares. Endurance Wealth Mgmt Incorporated owns 300 shares or 0% of their US portfolio. Lee Danner And Bass Incorporated accumulated 24,000 shares. Fincl Counselors reported 84,310 shares or 0.08% of all its holdings. Balyasny Asset Management Ltd Liability holds 0.03% in KKR & Co. L.P. (NYSE:KKR) or 314,103 shares. Alps Advisors accumulated 329,322 shares.

Since February 9, 2018, it had 1 insider purchase, and 0 sales for $10.52 million activity.

Jeffrey Ubben increased its stake in Kkr & Co Lp (KKR) by 811.12% based on its latest 2017Q3 regulatory filing with the SEC. Valueact Holdings Lp bought 40.56M shares as the company’s stock rose 1.10% with the market. The hedge fund run by Jeffrey Ubben held 45.56 million shares of the investment managers company at the end of 2017Q3, valued at $926.15 million, up from 5.00 million at the end of the previous reported quarter. Valueact Holdings Lp who had been investing in Kkr & Co Lp for a number of months, seems to be bullish on the $17.95 billion market cap company. The stock decreased 1.38% or $0.31 during the last trading session, reaching $21.82. About 870,452 shares traded. KKR & Co. L.P. (NYSE:KKR) has risen 43.92% since March 15, 2017 and is uptrending. It has outperformed by 27.22% the S&P500.

Valueact Holdings Lp, which manages about $15.75B and $9.98 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 7.00 million shares to 9.01M shares, valued at $671.41 million in 2017Q3, according to the filing.

KKR & Co. L.P. (NYSE:KKR) Ratings Coverage

Among 13 analysts covering Kohlberg Kravis Roberts & Co. (NYSE:KKR), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Kohlberg Kravis Roberts & Co. had 54 analyst reports since July 28, 2015 according to SRatingsIntel. Oppenheimer maintained KKR & Co. L.P. (NYSE:KKR) rating on Thursday, September 24. Oppenheimer has “Outperform” rating and $31 target. The rating was upgraded by Goldman Sachs on Monday, October 16 to “Buy”. As per Friday, February 9, the company rating was maintained by Deutsche Bank. The rating was maintained by Keefe Bruyette & Woods on Monday, August 14 with “Buy”. The firm has “Outperform” rating given on Wednesday, October 28 by Oppenheimer. The stock of KKR & Co. L.P. (NYSE:KKR) earned “Buy” rating by Jefferies on Monday, September 18. The stock has “Buy” rating by Bank of America on Tuesday, March 13. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, January 10. The company was maintained on Friday, February 9 by Sandler O’Neill. Morgan Stanley maintained KKR & Co. L.P. (NYSE:KKR) rating on Thursday, October 5. Morgan Stanley has “Equal-Weight” rating and $21 target.

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