Capstone Investment Advisors LLC Purchases New Shares in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Capstone Investment Advisors LLC acquired a new position in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KWFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 22,473 shares of the financial services provider’s stock, valued at approximately $278,000.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Kennedy-Wilson in the fourth quarter worth approximately $8,078,000. Mackenzie Financial Corp raised its stake in Kennedy-Wilson by 10.2% during the 4th quarter. Mackenzie Financial Corp now owns 4,539,609 shares of the financial services provider’s stock valued at $56,200,000 after purchasing an additional 421,365 shares during the period. UBS Group AG lifted its holdings in shares of Kennedy-Wilson by 46,174.6% in the third quarter. UBS Group AG now owns 236,926 shares of the financial services provider’s stock valued at $3,492,000 after purchasing an additional 236,414 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC boosted its position in shares of Kennedy-Wilson by 62.4% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 442,882 shares of the financial services provider’s stock worth $6,528,000 after buying an additional 170,208 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Kennedy-Wilson by 37.7% during the third quarter. Envestnet Asset Management Inc. now owns 322,358 shares of the financial services provider’s stock valued at $4,752,000 after buying an additional 88,263 shares in the last quarter. 87.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. StockNews.com raised Kennedy-Wilson from a “sell” rating to a “hold” rating in a research note on Friday. TheStreet downgraded Kennedy-Wilson from a “c-” rating to a “d+” rating in a report on Thursday, February 22nd.

View Our Latest Stock Report on KW

Kennedy-Wilson Trading Up 0.3 %

Shares of NYSE:KW opened at $10.22 on Monday. Kennedy-Wilson Holdings, Inc. has a 12-month low of $7.85 and a 12-month high of $17.43. The company has a debt-to-equity ratio of 5.34, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a fifty day moving average of $9.10 and a two-hundred day moving average of $10.14.

Kennedy-Wilson (NYSE:KWGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.92. Kennedy-Wilson had a negative return on equity of 7.88% and a negative net margin of 41.31%. The firm had revenue of $136.40 million during the quarter. Equities analysts predict that Kennedy-Wilson Holdings, Inc. will post -0.03 earnings per share for the current year.

Kennedy-Wilson Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 5th. Investors of record on Friday, June 28th will be paid a $0.12 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of 4.70%. Kennedy-Wilson’s payout ratio is -48.73%.

Kennedy-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.

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Institutional Ownership by Quarter for Kennedy-Wilson (NYSE:KW)

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