Kennedy-Wilson Holdings, Inc. (NYSE:KW) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 13.3% during the third quarter, Holdings Channel.com reports. The fund owned 14,403 shares of the financial services provider’s stock after purchasing an additional 1,686 shares during the period. Quantinno Capital Management LP’s holdings in Kennedy-Wilson were worth $159,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

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

Kennedy-Wilson Stock Down 2.5 %

KW stock opened at $10.71 on Wednesday. The firm has a market cap of $1.47 billion, a PE ratio of -4.15, a PEG ratio of 0.70 and a beta of 1.12. The company has a fifty day simple moving average of $11.09 and a 200 day simple moving average of $10.67. Kennedy-Wilson Holdings, Inc. has a 1 year low of $7.85 and a 1 year high of $12.81. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 6.06.

Kennedy-Wilson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 4.48%. Kennedy-Wilson’s dividend payout ratio (DPR) is presently -18.60%.

Kennedy-Wilson 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.