Vanguard Personalized Indexing Management LLC Buys New Shares in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 24,681 shares of the financial services provider’s stock, valued at approximately $239,000.

A number of other large investors have also recently bought and sold shares of KW. GAMMA Investing LLC lifted its stake in shares of Kennedy-Wilson by 229.3% in the 2nd quarter. GAMMA Investing LLC now owns 2,914 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 2,029 shares during the period. Massmutual Trust Co. FSB ADV boosted its holdings in shares of Kennedy-Wilson by 68.2% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 3,320 shares of the financial services provider’s stock worth $32,000 after buying an additional 1,346 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Kennedy-Wilson by 298.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 5,769 shares of the financial services provider’s stock worth $57,000 after buying an additional 4,320 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of Kennedy-Wilson during the 1st quarter worth approximately $73,000. Finally, BTG Pactual Global Asset Management Ltd bought a new stake in shares of Kennedy-Wilson in the 1st quarter valued at $91,000. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Kennedy-Wilson Price Performance

Shares of KW opened at $11.14 on Monday. The business’s fifty day moving average is $10.75 and its 200 day moving average is $9.83. Kennedy-Wilson Holdings, Inc. has a 12-month low of $7.85 and a 12-month high of $14.98. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 5.67. The stock has a market cap of $1.53 billion, a P/E ratio of -5.65, a P/E/G ratio of 0.68 and a beta of 1.11.

Kennedy-Wilson (NYSE:KW) last released its quarterly earnings data on Wednesday, August 7th. The financial services provider reported ($0.43) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.55) by $0.12. The firm had revenue of $132.00 million for the quarter, compared to analyst estimates of $100.66 million. Kennedy-Wilson had a negative net margin of 59.78% and a negative return on equity of 13.90%. The business’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same period last year, the firm earned $0.28 earnings per share. Sell-side analysts anticipate that Kennedy-Wilson Holdings, Inc. will post 2.88 earnings per share for the current fiscal year.

Kennedy-Wilson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Monday, September 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, September 30th. This represents a $0.48 dividend on an annualized basis and a yield of 4.31%. Kennedy-Wilson’s dividend payout ratio (DPR) is currently -24.37%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on KW shares. StockNews.com lowered shares of Kennedy-Wilson from a “hold” rating to a “sell” rating in a research note on Monday, September 2nd. JPMorgan Chase & Co. increased their price objective on shares of Kennedy-Wilson from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Thursday, August 8th.

Kennedy-Wilson Company Profile

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.