Kennedy-Wilson Holdings, Inc. (NYSE:KW) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,913,271 shares of the financial services provider's stock after acquiring an additional 53,185 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.39% of Kennedy-Wilson worth $21,142,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of KW. GAMMA Investing LLC raised its stake in shares of Kennedy-Wilson by 229.3% during the second quarter. GAMMA Investing LLC now owns 2,914 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 2,029 shares in the last quarter. Quarry LP purchased a new position in Kennedy-Wilson during the 2nd quarter worth $45,000. KBC Group NV raised its position in Kennedy-Wilson by 53.1% during the 3rd quarter. KBC Group NV now owns 4,884 shares of the financial services provider's stock valued at $54,000 after purchasing an additional 1,693 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Kennedy-Wilson by 298.1% in 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 during the period. Finally, CWM LLC grew its position in shares of Kennedy-Wilson by 305.1% during the 2nd quarter. CWM LLC now owns 10,509 shares of the financial services provider's stock worth $102,000 after buying an additional 7,915 shares in the last quarter. Institutional investors own 87.72% of the company's stock.

Kennedy-Wilson Stock Up 1.0 %

KW stock traded up $0.11 during trading on Friday, hitting $11.31. 354,576 shares of the company's stock traded hands, compared to its average volume of 496,201. The firm has a market capitalization of $1.55 billion, a P/E ratio of -4.38, a PEG ratio of 0.74 and a beta of 1.12. Kennedy-Wilson Holdings, Inc. has a 1 year low of $7.85 and a 1 year high of $13.27. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 6.06. The business has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $10.62.

Kennedy-Wilson Announces Dividend

The company 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date is Tuesday, December 31st. Kennedy-Wilson's payout ratio is currently -18.60%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Kennedy-Wilson from a "sell" rating to a "hold" rating in a report on Friday.

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.