Amundi Boosts Holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Amundi lifted its holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) by 43.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 117,578 shares of the financial services provider's stock after purchasing an additional 35,633 shares during the period. Amundi owned about 0.09% of Kennedy-Wilson worth $1,088,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. FMR LLC lifted its position in shares of Kennedy-Wilson by 7.9% in the 3rd quarter. FMR LLC now owns 16,198 shares of the financial services provider's stock worth $179,000 after purchasing an additional 1,182 shares during the period. Quantinno Capital Management LP raised its stake in shares of Kennedy-Wilson by 13.3% during the 3rd quarter. Quantinno Capital Management LP now owns 14,403 shares of the financial services provider's stock worth $159,000 after acquiring an additional 1,686 shares in the last quarter. KBC Group NV raised its stake in shares of Kennedy-Wilson by 53.1% during the 3rd quarter. KBC Group NV now owns 4,884 shares of the financial services provider's stock worth $54,000 after acquiring an additional 1,693 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Kennedy-Wilson by 10.2% during the 4th quarter. Van ECK Associates Corp now owns 21,537 shares of the financial services provider's stock worth $215,000 after acquiring an additional 1,995 shares in the last quarter. Finally, Legacy Capital Group California Inc. raised its stake in shares of Kennedy-Wilson by 12.8% during the 4th quarter. Legacy Capital Group California Inc. now owns 19,466 shares of the financial services provider's stock worth $194,000 after acquiring an additional 2,206 shares in the last quarter. Hedge funds and other institutional investors own 87.72% of the company's stock.

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Insider Buying and Selling at Kennedy-Wilson

In other Kennedy-Wilson news, Director Stanley R. Zax acquired 41,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The shares were purchased at an average price of $8.56 per share, for a total transaction of $350,960.00. Following the completion of the purchase, the director now directly owns 547,400 shares of the company's stock, valued at $4,685,744. The trade was a 8.10 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Cathy Hendrickson sold 30,000 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $8.62, for a total transaction of $258,600.00. Following the completion of the sale, the director now owns 98,318 shares in the company, valued at $847,501.16. The trade was a 23.38 % decrease in their position. The disclosure for this sale can be found here. 22.73% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on KW. StockNews.com upgraded shares of Kennedy-Wilson from a "sell" rating to a "hold" rating in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft began coverage on shares of Kennedy-Wilson in a research note on Monday, February 24th. They set a "hold" rating and a $9.00 price objective for the company.

Kennedy-Wilson Stock Performance

Kennedy-Wilson stock traded down $0.09 during mid-day trading on Friday, reaching $8.83. 1,869,722 shares of the company traded hands, compared to its average volume of 690,524. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.18 and a quick ratio of 1.18. Kennedy-Wilson Holdings, Inc. has a fifty-two week low of $7.90 and a fifty-two week high of $11.88. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of -3.42, a price-to-earnings-growth ratio of 0.54 and a beta of 1.14. The firm's fifty day moving average is $9.10 and its two-hundred day moving average is $10.23.

Kennedy-Wilson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.48 dividend on an annualized basis and a yield of 5.44%. Kennedy-Wilson's payout ratio is -85.71%.

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.