Resolution Capital LTD Has Raised Equity Residential (EQR) Position By $8.47 Million; 10 Analysts Covering KKR & Co. L.P. (KKR)

May 23, 2018 - By Adrian Mccoy

KKR & Co. L.P. (NYSE:KKR) Logo

Among 14 analysts covering Kohlberg Kravis Roberts & Co. (NYSE:KKR), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Kohlberg Kravis Roberts & Co. had 61 analyst reports since July 28, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Buy” rating and $28.0 target in Wednesday, January 10 report. The rating was maintained by Oppenheimer on Thursday, September 24 with “Outperform”. Wood maintained it with “Market Perform” rating and $20 target in Monday, July 11 report. Citigroup upgraded KKR & Co. L.P. (NYSE:KKR) on Wednesday, May 16 to “Buy” rating. Credit Suisse maintained KKR & Co. L.P. (NYSE:KKR) on Friday, May 4 with “Outperform” rating. The stock has “Hold” rating by Deutsche Bank on Friday, February 9. The stock of KKR & Co. L.P. (NYSE:KKR) has “Buy” rating given on Thursday, September 10 by Citigroup. Keefe Bruyette & Woods maintained KKR & Co. L.P. (NYSE:KKR) on Thursday, September 28 with “Buy” rating. As per Tuesday, January 9, the company rating was upgraded by Goldman Sachs. The stock has “Outperform” rating by Oppenheimer on Friday, July 14. See KKR & Co. L.P. (NYSE:KKR) latest ratings:

16/05/2018 Broker: Citigroup Rating: Buy New Target: $27.0000 Upgrade
16/05/2018 Broker: Oppenheimer Rating: Buy New Target: $29.0000 Maintain
04/05/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $30 New Target: $32 Maintain
04/05/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $21 New Target: $24 Maintain
11/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $27.0000 Maintain
10/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $24 New Target: $23 Maintain
06/04/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $23 New Target: $21 Maintain
13/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $25 New Target: $28 Maintain
09/02/2018 Broker: Sandler O’Neill Rating: Hold New Target: $22.0 Maintain
09/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $22 New Target: $23 Maintain

Resolution Capital Ltd increased Equity Residential (EQR) stake by 9.26% reported in 2017Q4 SEC filing. Resolution Capital Ltd acquired 134,395 shares as Equity Residential (EQR)’s stock declined 6.97%. The Resolution Capital Ltd holds 1.59 million shares with $101.14 million value, up from 1.45 million last quarter. Equity Residential now has $23.57 billion valuation. The stock increased 2.04% or $1.23 during the last trading session, reaching $61.65. About 371,903 shares traded. Equity Residential (NYSE:EQR) has declined 4.58% since May 23, 2017 and is downtrending. It has underperformed by 16.13% the S&P500.

The stock decreased 0.46% or $0.1 during the last trading session, reaching $22.47. About 319,643 shares traded. KKR & Co. L.P. (NYSE:KKR) has risen 15.21% since May 23, 2017 and is uptrending. It has outperformed by 3.66% the S&P500.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments in fintech sector. The company has market cap of $18.66 billion. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, and middle market investments. It has a 11.52 P/E ratio. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things , internet, information services, information technology infrastructure, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy.

Since February 9, 2018, it had 1 buy, and 0 sales for $10.52 million activity. The insider ValueAct Holdings – L.P. bought 500,000 shares worth $10.52M.

Investors sentiment increased to 1.07 in 2017 Q4. Its up 0.10, from 0.97 in 2017Q3. It improved, as 29 investors sold KKR & Co. L.P. shares while 84 reduced holdings. 38 funds opened positions while 83 raised stakes. 308.46 million shares or 7.55% more from 286.80 million shares in 2017Q3 were reported. Private Wealth Ptnrs Ltd owns 214,160 shares. Staley Advisers holds 0.07% of its portfolio in KKR & Co. L.P. (NYSE:KKR) for 40,200 shares. Maverick Cap invested 0.07% of its portfolio in KKR & Co. L.P. (NYSE:KKR). Ifc Hldg Fl owns 19,898 shares for 0.03% of their portfolio. Cacti Asset Ltd Com invested in 183,000 shares or 0.31% of the stock. 515 were reported by Gradient Ltd Liability Company. Mycio Wealth Partners Limited Co holds 16,475 shares. Bnp Paribas Arbitrage owns 0.02% invested in KKR & Co. L.P. (NYSE:KKR) for 456,673 shares. Janney Montgomery Scott Ltd Limited Liability Company holds 0.01% of its portfolio in KKR & Co. L.P. (NYSE:KKR) for 60,335 shares. Rothschild Il holds 0.32% in KKR & Co. L.P. (NYSE:KKR) or 139,723 shares. Provise Grp Limited Liability Com holds 0.03% of its portfolio in KKR & Co. L.P. (NYSE:KKR) for 9,715 shares. Stratos Wealth Ptnrs Limited holds 35,824 shares. Massachusetts-based Putnam Investments Ltd Limited Liability Company has invested 0.36% in KKR & Co. L.P. (NYSE:KKR). Hodges Cap Incorporated stated it has 26,559 shares or 0.04% of all its holdings. Gmt Corp invested in 0.21% or 479,500 shares.

More notable recent KKR & Co. L.P. (NYSE:KKR) news were published by: Seekingalpha.com which released: “KKR boosting investment in high-interest, short-term home loans” on May 14, 2018, also Seekingalpha.com with their article: “Tracking Jeffrey Ubben’s ValueAct Portfolio – Q1 2018 Update” published on May 22, 2018, Globenewswire.com published: “Report: Exploring Fundamental Drivers Behind Valvoline, KKR & Co., Otonomy, Radian Group, Red Rock Resorts, and …” on May 11, 2018. More interesting news about KKR & Co. L.P. (NYSE:KKR) were released by: Seekingalpha.com and their article: “KKR At Last Goes From Partnership To Corporation – Investors Win” published on May 08, 2018 as well as Benzinga.com‘s news article titled: “Citigroup: C-Corp Conversion Raises ‘Absolute Upside’ For KKR” with publication date: May 16, 2018.

Since February 7, 2018, it had 0 insider purchases, and 10 sales for $1.35 million activity. Kaufman Ian sold $39,796 worth of Equity Residential (NYSE:EQR) on Wednesday, February 7. Another trade for 449 shares valued at $26,124 was sold by Fenster Scott. Sorenson Christa L had sold 117 shares worth $6,807. 1,000 shares were sold by Manelis Michael L, worth $57,618 on Thursday, February 8. $316,864 worth of Equity Residential (NYSE:EQR) shares were sold by Altshuler Barry. Another trade for 5,589 shares valued at $325,179 was made by Santee David S on Wednesday, February 7. 7,355 shares valued at $427,929 were sold by Parrell Mark J. on Wednesday, February 7.

Resolution Capital Ltd decreased Terreno Rlty Corp (NYSE:TRNO) stake by 50,830 shares to 971,778 valued at $34.07 million in 2017Q4. It also reduced American Campus Cmntys Inc (NYSE:ACC) stake by 10,788 shares and now owns 448,423 shares. Washington Real Estate Invt (NYSE:WRE) was reduced too.

Investors sentiment increased to 1.11 in Q4 2017. Its up 0.21, from 0.9 in 2017Q3. It improved, as 35 investors sold EQR shares while 148 reduced holdings. 54 funds opened positions while 149 raised stakes. 338.98 million shares or 0.29% less from 339.97 million shares in 2017Q3 were reported. C M Bidwell & Assoc holds 5,480 shares or 0.3% of its portfolio. Alliancebernstein Limited Partnership invested in 0.04% or 802,441 shares. Adirondack has 50 shares. Aqr Capital Limited Company reported 1.03 million shares or 0.07% of all its holdings. Citadel Ltd Llc reported 290,972 shares or 0.01% of all its holdings. 35,288 are held by New Mexico Educational Retirement Board. Kentucky Retirement holds 0.1% or 22,662 shares in its portfolio. Advisory Ntwk Limited Liability, Georgia-based fund reported 3,462 shares. Pub Employees Retirement Association Of Colorado invested in 66,225 shares. Brinker Capital Incorporated reported 71,184 shares. Macquarie Gru Inc Limited invested 1.21% in Equity Residential (NYSE:EQR). Barclays Public Ltd Com holds 0.06% or 1.12 million shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 5,520 shares. Schwab Charles Inv holds 3.44 million shares. Susquehanna Limited Liability Partnership holds 0% or 11,800 shares in its portfolio.

Among 25 analysts covering Equity Residential (NYSE:EQR), 7 have Buy rating, 1 Sell and 17 Hold. Therefore 28% are positive. Equity Residential had 87 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, April 28 the stock rating was maintained by Argus Research with “Buy”. The stock has “Hold” rating by Deutsche Bank on Monday, July 18. On Friday, June 3 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of Equity Residential (NYSE:EQR) earned “Buy” rating by UBS on Monday, March 19. BB&T Capital initiated the shares of EQR in report on Tuesday, November 10 with “Hold” rating. As per Thursday, October 26, the company rating was maintained by Stifel Nicolaus. Morgan Stanley upgraded the stock to “Equal-Weight” rating in Tuesday, December 13 report. The rating was maintained by SunTrust with “Buy” on Tuesday, October 24. Robert W. Baird maintained Equity Residential (NYSE:EQR) rating on Friday, March 2. Robert W. Baird has “Hold” rating and $62.0 target. SunTrust maintained the shares of EQR in report on Monday, January 22 with “Buy” rating.

Equity Residential (NYSE:EQR) Institutional Positions Chart

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