1 day Ago By Defense World Staff
Geode Capital Management LLC boosted its stake in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW – Free Report) by 0.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC.
The firm owned 2,865,414 shares of the financial services provider’s stock after buying an additional 6,311 shares during the quarter. Geode Capital Management LLC owned approximately 2.09% of Kennedy-Wilson worth $28,633,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in KW. Royce & Associates LP boosted its stake in Kennedy-Wilson by 3.6% in the 4th quarter.
Royce & Associates LP now owns 9,299,611 shares of the financial services provider’s stock worth $92,903,000 after purchasing an additional 325,737 shares during the period. Alberta Investment Management Corp boosted its position in shares of Kennedy-Wilson by 17.5% in the fourth quarter.
Alberta Investment Management Corp now owns 2,650,322 shares of the financial services provider’s stock valued at $26,477,000 after acquiring an additional 395,000 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Kennedy-Wilson by 3.
4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,977,623 shares of the financial services provider’s stock valued at $19,756,000 after acquiring an additional 64,352 shares during the period.
Harbor Capital Advisors Inc. grew its stake in Kennedy-Wilson by 22.0% during the fourth quarter.
Harbor Capital Advisors Inc. now owns 751,055 shares of the financial services provider’s stock valued at $7,503,000 after acquiring an additional 135,559 shares in the last quarter. Finally, Principal Financial Group Inc.
increased its holdings in Kennedy-Wilson by 2.9% during the 4th quarter. Principal Financial Group Inc.
now owns 572,853 shares of the financial services provider’s stock worth $5,723,000 after acquiring an additional 16,090 shares during the period. Hedge funds and other institutional investors own 87.72% of the company’s stock.
Insider Activity at Kennedy-WilsonIn other news, Director Stanley R. Zax bought 41,000 shares of the stock in a transaction dated Wednesday, March 19th. The stock was bought at an average price of $8.
56 per share, for a total transaction of $350,960.00. Following the purchase, the director now directly owns 547,400 shares in the company, valued at $4,685,744.
This trade represents a 8.10 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Also, Director Cathy Hendrickson sold 30,000 shares of the firm’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $8.62, for a total value of $258,600.
00. Following the transaction, the director now directly owns 98,318 shares of the company’s stock, valued at $847,501.16.
This represents a 23.38 % decrease in their position. The disclosure for this sale can be found here.
22.73% of the stock is currently owned by company insiders. Kennedy-Wilson Price PerformanceKW opened at $6.
79 on Friday. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.
18 and a quick ratio of 1.18. Kennedy-Wilson Holdings, Inc.
has a 1 year low of $6.34 and a 1 year high of $11.88.
The stock’s 50 day simple moving average is $8.50 and its 200 day simple moving average is $9.75.
The firm has a market cap of $936.94 million, a price-to-earnings ratio of -2.63, a PEG ratio of 0.
54 and a beta of 0.98. Kennedy-Wilson Announces DividendThe firm also recently declared a quarterly dividend, which was paid on Friday, April 4th.
Investors of record on Monday, March 31st were paid a $0.12 dividend. This represents a $0.
48 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend was Monday, March 31st.
Kennedy-Wilson’s payout ratio is -85.71%. Analysts Set New Price TargetsSeparately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Kennedy-Wilson in a research report on Monday, February 24th.
They set a “hold” rating and a $9.00 price target for the company.Check Out Our Latest Report on Kennedy-WilsonKennedy-Wilson Company Profile (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.Read MoreFive stocks we like better than Kennedy-WilsonGolden Cross Stocks: Pattern, Examples and Charts Tariff Exemptions Set the Stage for a Taiwan Semiconductor RallyWhat Investors Need to Know to Beat the MarketMitigating Tariffs: 3 Stocks to Gain From a Weaker U.
S. DollarWhat is the Euro STOXX 50 Index?Broadcom’s Apple Relationship: AI Opportunity Meets Tariff RiskWant 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)..
