New York State Teachers Retirement System Has $304,000 Stock Holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

New York State Teachers Retirement System reduced its position in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,500 shares of the financial services provider’s stock after selling 1,200 shares during the period. New York State Teachers Retirement System’s holdings in Kennedy-Wilson were worth $304,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. ProShare Advisors LLC raised its holdings in shares of Kennedy-Wilson by 31.1% during the 1st quarter. ProShare Advisors LLC now owns 868,068 shares of the financial services provider’s stock worth $7,448,000 after buying an additional 205,890 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Kennedy-Wilson during the first quarter worth about $774,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Kennedy-Wilson by 6,378.2% in the first quarter. Public Employees Retirement System of Ohio now owns 172,125 shares of the financial services provider’s stock worth $1,477,000 after acquiring an additional 169,468 shares during the last quarter. Old West Investment Management LLC lifted its holdings in shares of Kennedy-Wilson by 7.9% in the second quarter. Old West Investment Management LLC now owns 692,628 shares of the financial services provider’s stock worth $6,732,000 after acquiring an additional 50,474 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Kennedy-Wilson by 19.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 82,853 shares of the financial services provider’s stock valued at $711,000 after purchasing an additional 13,214 shares in the last quarter. 87.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Kennedy-Wilson from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Thursday, August 8th. StockNews.com downgraded Kennedy-Wilson from a “hold” rating to a “sell” rating in a research report on Monday, September 2nd.

Kennedy-Wilson Stock Up 2.5 %

NYSE:KW opened at $11.53 on Monday. The company has a current ratio of 1.18, a quick ratio of 1.16 and a debt-to-equity ratio of 6.06. Kennedy-Wilson Holdings, Inc. has a one year low of $7.85 and a one year high of $13.27. The firm’s 50 day simple moving average is $11.00 and its 200 day simple moving average is $10.37.

Kennedy-Wilson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 4.16%. Kennedy-Wilson’s payout ratio is -18.60%.

About Kennedy-Wilson

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.