Amundi Cuts KKR Stake to 0.27% as Dividend Is Paid
Amundi reduced its KKR & Co. holdings by selling 1,343,368 shares in the quarter, leaving it with 2,382,672 shares (about 0.27%), worth roughly $218.68M. KKR analysts skew toward Buy ratings, and the firm’s quarterly dividend was paid on Tuesday, Aug. 25. Additional investors adjusted stakes, while some broker targets were raised.