Equities researchers at Deutsche Bank Aktiengesellschaft began coverage on shares of Kennedy-Wilson (NYSE:KW - Get Free Report) in a report released on Monday. The brokerage set a "hold" rating and a $9.00 price target on the financial services provider's stock. Deutsche Bank Aktiengesellschaft's target price suggests a potential downside of 5.70% from the stock's previous close.
Separately, StockNews.com upgraded Kennedy-Wilson from a "sell" rating to a "hold" rating in a research note on Friday, December 6th.
View Our Latest Research Report on KW
Kennedy-Wilson Stock Up 4.1 %
Shares of Kennedy-Wilson stock traded up $0.37 during trading hours on Monday, hitting $9.54. 1,680,998 shares of the company's stock traded hands, compared to its average volume of 553,713. 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 has a twelve month low of $7.85 and a twelve month high of $11.88. The stock has a 50 day simple moving average of $9.31 and a 200-day simple moving average of $10.40. The company has a market cap of $1.31 billion, a PE ratio of -3.70, a PEG ratio of 0.54 and a beta of 1.13.
Hedge Funds Weigh In On Kennedy-Wilson
Large investors have recently modified their holdings of the stock. FMR LLC raised its stake in Kennedy-Wilson by 7.9% during the third quarter. FMR LLC now owns 16,198 shares of the financial services provider's stock worth $179,000 after acquiring an additional 1,182 shares during the period. Quantinno Capital Management LP grew its holdings in shares of Kennedy-Wilson by 13.3% during the third 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 last quarter. KBC Group NV raised its position 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 purchasing an additional 1,693 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Kennedy-Wilson by 10.2% in the 4th quarter. Van ECK Associates Corp now owns 21,537 shares of the financial services provider's stock worth $215,000 after purchasing an additional 1,995 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Kennedy-Wilson by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,625 shares of the financial services provider's stock worth $646,000 after purchasing an additional 2,054 shares during the last quarter. Institutional investors own 87.72% of the company's stock.
About Kennedy-Wilson
(
Get Free Report)
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.
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