2 weeks Ago By ABMN Staff
Corebridge Financial Inc. lessened its holdings in shares of Kennedy-Wilson Holdings, Inc. ( NYSE:KW – Free Report ) by 7.
3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 60,701 shares of the financial services provider’s stock after selling 4,745 shares during the quarter.
Corebridge Financial Inc.’s holdings in Kennedy-Wilson were worth $606,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KW.
FMR LLC raised its position in shares of Kennedy-Wilson by 7.9% during the third quarter. FMR LLC now owns 16,198 shares of the financial services provider’s stock worth $179,000 after purchasing an additional 1,182 shares during the period.
Quantinno Capital Management LP raised its holdings in Kennedy-Wilson by 13.3% during the 3rd quarter. Quantinno Capital Management LP now owns 14,403 shares of the financial services provider’s stock worth $159,000 after buying an additional 1,686 shares during the period.
Van ECK Associates Corp lifted its stake in Kennedy-Wilson by 10.2% in the fourth quarter. Van ECK Associates Corp now owns 21,537 shares of the financial services provider’s stock valued at $215,000 after buying an additional 1,995 shares in the last quarter.
Legacy Capital Group California Inc. boosted its holdings in shares of Kennedy-Wilson by 12.8% in the fourth quarter.
Legacy Capital Group California Inc. now owns 19,466 shares of the financial services provider’s stock valued at $194,000 after buying an additional 2,206 shares during the period. Finally, KBC Group NV increased its position in shares of Kennedy-Wilson by 56.
3% during the fourth quarter. KBC Group NV now owns 7,632 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 2,748 shares in the last quarter. 87.
72% of the stock is currently owned by institutional investors. Insider Activity at Kennedy-Wilson In other news, Director Cathy Hendrickson sold 30,000 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $8.
62, for a total value of $258,600.00. Following the sale, the director now directly owns 98,318 shares of the company’s stock, valued at approximately $847,501.
16. This represents a 23.38 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director Stanley R. Zax purchased 41,000 shares of Kennedy-Wilson stock in a transaction that occurred on Wednesday, March 19th.
The shares were acquired at an average price of $8.56 per share, with a total value of $350,960.00.
Following the acquisition, the director now directly owns 547,400 shares of the company’s stock, valued at $4,685,744. This trade represents a 8.10 % increase in their position.
The disclosure for this purchase can be found here . Insiders own 22.73% of the company’s stock.
Wall Street Analyst Weigh In Read Our Latest Research Report on KW Kennedy-Wilson Price Performance NYSE KW opened at $7.09 on Tuesday. The firm’s 50 day moving average is $8.
95 and its 200-day moving average is $10.02. The company has a quick ratio of 1.
18, a current ratio of 1.18 and a debt-to-equity ratio of 6.06.
The company has a market capitalization of $979.03 million, a PE ratio of -2.75, a price-to-earnings-growth ratio of 0.
54 and a beta of 0.98. Kennedy-Wilson Holdings, Inc.
has a 12-month low of $7.02 and a 12-month high of $11.88.
Kennedy-Wilson Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 31st were issued a dividend of $0.12 per share.
The ex-dividend date was Monday, March 31st. This represents a $0.48 annualized dividend and a yield of 6.
77%. Kennedy-Wilson’s payout ratio is presently -85.71%.
About Kennedy-Wilson ( Free Report ) Kennedy-Wilson Holdings, Inc, together with its subsidiaries, operates as a real estate investment company. The company owns, operates, and invests in real estate both on its own and through its investment management platform. It focuses on multifamily and office properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan.
See Also Want to see what other hedge funds are holding KW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kennedy-Wilson Holdings, Inc. ( NYSE:KW – Free Report ).
Receive News & Ratings for Kennedy-Wilson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kennedy-Wilson and related companies with MarketBeat.com's FREE daily email newsletter ..
