KKR & Co. L.P. Announces Third Quarter 2015 Results
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Distribution Changes Will Likely Weigh on KKR & Co. (KKR) Stock; Piper Jaffray Cuts Price Target to $21
October 28, 2015 10:36 AM EDTPiper Jaffray maintained an Overweight rating on KKR (NYSE: KKR), and cut the price target to $21.00 (from $30.00), following an announced change to distribution policy. KKR has abandoned their variable distribution policy and fixed the quarterly payout at $0.16 per unit which represents fee-based... More
KKR & Co. (KKR) Misses Q3 EPS by 7c, Approves $500M Buyback
October 27, 2015 4:18 PM EDTKKR & Co. (NYSE: KKR) reported Q3 EPS of ($0.37), $0.07 worse than the analyst estimate of ($0.30).
KKR has adopted a repurchase program for up to $500 million in the aggregate of its outstanding common units. Under this program, units may be repurchased from time to time in... More
