KKR & Co. Inc. $KKR Holdings Reduced by City of London Investment Management Co. Ltd.
City of London Investment Management Co. Ltd. significantly cut its stake in KKR & Co. Inc. by 94% in the third quarter, reducing its holdings to 4,390 shares valued at $401,000. Despite this reduction and an insider sale by Dane Holmes, institutional investors and hedge funds collectively own 76.26% of KKR shares. Analysts maintain a "Moderate Buy" consensus rating for KKR with an average price target of $123.58.
Put this headline into context
Use TradingAgents AI to connect the story to the company's filings, fundamentals, market structure, competing bull and bear arguments, and risk review.
Headlines and excerpts belong to the original publisher. Ticker associations are informational and may be incomplete. Market news is not personalized financial advice.