KKR & Co. Inc. (NYSE:KKR) traded at a new 52-week high today of $82.10. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 2.9 million shares.
In the past 52 weeks, KKR & Co. Inc. share prices are bracketed by a low of $33.80 and a high of $82.10 and is now at $81.48, 141% above that low price.
KKR & Co. Inc. (NYSE:KKR) is currently priced 65.7% above its average consensus analyst price target of $27.96.
KKR is one of the world’s largest alternative asset managers, with $429 billion in total assets under management, including $319 billion in fee-earning AUM, at the end of June 2021. The company has two core segments: asset management (which includes private markets–private equity, credit, infrastructure, energy and real estate–and public markets–primarily credit and hedge/investment fund platforms) and insurance (following the February 2021 purchase of a 61.5% economic stake in Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets accounts for 42% of fee-earning AUM and 64% of base management fees, while public markets account for 58% and 36%, respectively.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer