Kennedy-Wilson Holdings, Inc. (NYSE:KW) Stock Holdings Raised by Royce & Associates LP

Royce & Associates LP increased its stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,299,611 shares of the financial services provider's stock after acquiring an additional 325,737 shares during the period. Kennedy-Wilson comprises about 0.9% of Royce & Associates LP's holdings, making the stock its 5th largest holding. Royce & Associates LP owned approximately 6.77% of Kennedy-Wilson worth $92,903,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of KW. KBC Group NV increased its position in shares of Kennedy-Wilson by 53.1% in the third quarter. KBC Group NV now owns 4,884 shares of the financial services provider's stock valued at $54,000 after acquiring an additional 1,693 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Kennedy-Wilson by 181.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 5,823 shares of the financial services provider's stock worth $58,000 after purchasing an additional 3,755 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Kennedy-Wilson during the 3rd quarter valued at about $116,000. Quantinno Capital Management LP increased its holdings in 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 valued at $159,000 after purchasing an additional 1,686 shares during the period. Finally, FMR LLC raised its position in Kennedy-Wilson by 7.9% during the 3rd quarter. FMR LLC now owns 16,198 shares of the financial services provider's stock valued at $179,000 after purchasing an additional 1,182 shares during the last quarter. 87.72% of the stock is currently owned by hedge funds and other institutional investors.

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Kennedy-Wilson Stock Up 3.4 %

Kennedy-Wilson stock traded up $0.30 during trading hours on Thursday, hitting $8.93. 963,942 shares of the stock traded hands, compared to its average volume of 691,935. Kennedy-Wilson Holdings, Inc. has a one year low of $7.90 and a one year high of $11.88. The company has a market cap of $1.23 billion, a PE ratio of -3.46, a PEG ratio of 0.54 and a beta of 1.14. The firm's 50-day moving average price is $9.11 and its two-hundred day moving average price is $10.26. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 31st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.38%. The ex-dividend date is Monday, March 31st. Kennedy-Wilson's dividend payout ratio is currently -85.71%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on KW. Deutsche Bank Aktiengesellschaft assumed coverage on Kennedy-Wilson in a research note on Monday, February 24th. They set a "hold" rating and a $9.00 target price on the stock. StockNews.com upgraded shares of Kennedy-Wilson from a "sell" rating to a "hold" rating in a report on Friday, December 6th.

Insider Activity

In related news, Director Stanley R. Zax acquired 41,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was acquired 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 owns 547,400 shares of the company's stock, valued at $4,685,744. This represents a 8.10 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Cathy Hendrickson sold 30,000 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $8.62, for a total value of $258,600.00. Following the completion of the sale, the director now directly owns 98,318 shares in the company, valued at $847,501.16. This trade represents a 23.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 22.73% of the company's stock.

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.