Richard Bernstein Advisors LLC Cuts Stake in KKR & Co. Inc. $KKR

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Richard Bernstein Advisors LLC significantly reduced its holdings in KKR & Co. Inc. by 57.9% in the third quarter, selling 16,246 shares. Despite this reduction, other institutional investors like Legal & General Group Plc and Vestcor Inc. increased their stakes in the asset manager. KKR & Co. Inc. reported mixed financial results, missing EPS estimates but exceeding revenue forecasts, and declared a quarterly dividend of $0.185 per share; insiders also made substantial stock purchases.

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