Kkr & Co LP Del (KKR) Holder Shanda Payment Holdings LTD Decreased Its Position as Stock Rose

March 14, 2018 - By Migdalia James

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. Moreover, Quinn Opportunity Prtn has 0.88% invested in KKR & Co. L.P. (NYSE:KKR). Moody Bancorp Trust Division holds 0.03% in KKR & Co. L.P. (NYSE:KKR) or 31,225 shares. Northwestern Mutual Wealth Mgmt accumulated 6,547 shares. 81,000 are owned by Texas Yale Corporation. Artemis Inv Mgmt Ltd Liability Partnership has invested 2.1% of its portfolio in KKR & Co. L.P. (NYSE:KKR). Concourse Management Llc reported 436,449 shares. Hl Fin Serv Lc invested in 33,115 shares or 0.01% of the stock. Brandywine Invest Mgmt Limited Com reported 8.78 million shares or 1.13% of all its holdings. New York-based Levy Harkins & has invested 2.19% in KKR & Co. L.P. (NYSE:KKR). Conning stated it has 0.02% of its portfolio in KKR & Co. L.P. (NYSE:KKR). Gru One Trading Limited Partnership invested in 0.04% or 213,680 shares. National Bank & Trust Of Ny Mellon Corp owns 0% invested in KKR & Co. L.P. (NYSE:KKR) for 71,743 shares. First City Cap reported 13,299 shares or 0.19% of all its holdings. The New York-based 683 Ltd Liability Corp has invested 2.97% in KKR & Co. L.P. (NYSE:KKR). Grp Ag invested 0.56% in KKR & Co. L.P. (NYSE:KKR).

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

Shanda Payment Holdings Ltd decreased its stake in Kkr & Co LP Del (KKR) by 33.26% based on its latest 2017Q3 regulatory filing with the SEC. Shanda Payment Holdings Ltd sold 1.12M shares as the company’s stock rose 1.10% with the market. The institutional investor held 2.25 million shares of the investment managers company at the end of 2017Q3, valued at $45.70M, down from 3.37 million at the end of the previous reported quarter. Shanda Payment Holdings Ltd who had been investing in Kkr & Co LP Del for a number of months, seems to be less bullish one the $18.17B market cap company. The stock decreased 1.49% or $0.33 during the last trading session, reaching $22.09. About 864,568 shares traded. KKR & Co. L.P. (NYSE:KKR) has risen 43.92% since March 14, 2017 and is uptrending. It has outperformed by 27.22% the S&P500.

Analysts await KKR & Co. L.P. (NYSE:KKR) to report earnings on April, 26. They expect $0.61 EPS, down 6.15 % or $0.04 from last year’s $0.65 per share. KKR’s profit will be $501.81 million for 9.05 P/E if the $0.61 EPS becomes a reality. After $0.48 actual EPS reported by KKR & Co. L.P. for the previous quarter, Wall Street now forecasts 27.08 % EPS growth.

Another recent and important KKR & Co. L.P. (NYSE:KKR) news was published by Nasdaq.com which published an article titled: “American Tower, KKR are bidders for Altice NV’s towers” on March 13, 2018.

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. As per Tuesday, June 6, the company rating was maintained by Jefferies. The firm has “Market Perform” rating given on Monday, July 11 by Wood. The rating was upgraded by Goldman Sachs on Monday, October 16 to “Buy”. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, September 28 report. The rating was maintained by Barclays Capital with “Overweight” on Friday, February 12. The firm has “Hold” rating given on Friday, March 11 by Deutsche Bank. Sandler O’Neill maintained KKR & Co. L.P. (NYSE:KKR) on Thursday, January 11 with “Hold” rating. As per Friday, July 7, the company rating was maintained by Jefferies. As per Sunday, August 9, the company rating was maintained by Standpoint Research. On Wednesday, January 10 the stock rating was maintained by Credit Suisse with “Buy”.

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