Kennedy-Wilson Holdings Inc. $KW Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its position in Kennedy-Wilson Holdings Inc. (NYSE:KW) by 506.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,704 shares of the financial services provider’s stock after acquiring an additional 51,522 shares during the quarter. SG Americas Securities LLC’s holdings in Kennedy-Wilson were worth $513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in KW. GAMMA Investing LLC increased its stake in Kennedy-Wilson by 35.2% during the second quarter. GAMMA Investing LLC now owns 5,329 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 1,388 shares during the last quarter. CWM LLC boosted its holdings in shares of Kennedy-Wilson by 98.9% in the 3rd quarter. CWM LLC now owns 4,681 shares of the financial services provider’s stock valued at $39,000 after buying an additional 2,327 shares during the period. State of Wyoming bought a new stake in shares of Kennedy-Wilson during the 2nd quarter valued at about $58,000. PharVision Advisers LLC acquired a new stake in Kennedy-Wilson during the second quarter worth about $73,000. Finally, Tower Research Capital LLC TRC raised its stake in Kennedy-Wilson by 305.5% during the second quarter. Tower Research Capital LLC TRC now owns 13,559 shares of the financial services provider’s stock worth $92,000 after acquiring an additional 10,215 shares during the period. 87.72% of the stock is currently owned by institutional investors.

Kennedy-Wilson Stock Down 0.6%

KW opened at $9.80 on Friday. The stock’s 50 day moving average price is $9.77 and its 200 day moving average price is $8.71. The company has a debt-to-equity ratio of 5.99, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market cap of $1.35 billion, a P/E ratio of -37.67 and a beta of 1.02. Kennedy-Wilson Holdings Inc. has a 12 month low of $5.98 and a 12 month high of $10.11.

Kennedy-Wilson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.48 annualized dividend and a yield of 4.9%. Kennedy-Wilson’s dividend payout ratio (DPR) is presently -184.62%.

Analyst Ratings Changes

Several equities analysts have recently commented on KW shares. Wall Street Zen lowered Kennedy-Wilson from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Kennedy-Wilson in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $11.00 target price on shares of Kennedy-Wilson in a research report on Thursday, December 18th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Sell” and a consensus target price of $10.00.

About Kennedy-Wilson

Kennedy-Wilson Holdings, Inc is a publicly traded global real estate investment company that acquires, develops and manages a diversified portfolio of properties. Its core activities include investing in office, multifamily, retail, industrial and self-storage assets while providing comprehensive property management, leasing, capital markets and investment management services to institutional and private clients.

Headquartered in Beverly Hills, California, Kennedy-Wilson operates through two principal business segments: Investments and Asset Services.