Barclays PLC Raises Holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Barclays PLC increased its position in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 265.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 192,837 shares of the financial services provider’s stock after buying an additional 140,039 shares during the period. Barclays PLC’s holdings in Kennedy-Wilson were worth $2,130,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in KW. Royce & Associates LP boosted its stake in shares of Kennedy-Wilson by 6.5% during the third quarter. Royce & Associates LP now owns 8,973,874 shares of the financial services provider’s stock valued at $99,161,000 after purchasing an additional 544,495 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in Kennedy-Wilson by 225.7% during the third quarter. Harbor Capital Advisors Inc. now owns 615,496 shares of the financial services provider’s stock worth $6,801,000 after buying an additional 426,495 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its position in Kennedy-Wilson by 156.2% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 320,300 shares of the financial services provider’s stock valued at $3,113,000 after acquiring an additional 195,300 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new position in shares of Kennedy-Wilson in the 3rd quarter valued at $1,996,000. Finally, Marshall Wace LLP purchased a new position in shares of Kennedy-Wilson in the 2nd quarter valued at $1,721,000. 87.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Kennedy-Wilson from a “sell” rating to a “hold” rating in a research report on Friday, December 6th.

Kennedy-Wilson Price Performance

Shares of KW opened at $10.03 on Friday. The company has a 50 day moving average of $11.00 and a two-hundred day moving average of $10.66. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 6.06. Kennedy-Wilson Holdings, Inc. has a twelve month low of $7.85 and a twelve month high of $12.74. The company has a market cap of $1.38 billion, a price-to-earnings ratio of -3.89, a price-to-earnings-growth ratio of 0.70 and a beta of 1.12.

Kennedy-Wilson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 31st will be given a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.79%. Kennedy-Wilson’s payout ratio is -18.60%.

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.