177,099 Shares in Kennedy-Wilson Holdings, Inc. (NYSE:KW) Purchased by Marshall Wace LLP

Marshall Wace LLP purchased a new stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 177,099 shares of the financial services provider's stock, valued at approximately $1,721,000. Marshall Wace LLP owned 0.13% of Kennedy-Wilson as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of KW. ProShare Advisors LLC grew its stake in shares of Kennedy-Wilson by 31.1% in the first quarter. ProShare Advisors LLC now owns 868,068 shares of the financial services provider's stock valued at $7,448,000 after acquiring an additional 205,890 shares in the last quarter. Edgestream Partners L.P. bought a new position in shares of Kennedy-Wilson during the first quarter worth approximately $774,000. BNP Paribas Financial Markets boosted its stake in shares of Kennedy-Wilson by 1,238.7% in the first quarter. BNP Paribas Financial Markets now owns 704,763 shares of the financial services provider's stock valued at $6,047,000 after buying an additional 652,116 shares during the period. Public Employees Retirement System of Ohio grew its position in Kennedy-Wilson by 6,378.2% during the first quarter. Public Employees Retirement System of Ohio now owns 172,125 shares of the financial services provider's stock worth $1,477,000 after buying an additional 169,468 shares in the last quarter. Finally, Old West Investment Management LLC increased its stake in Kennedy-Wilson by 7.9% during the 2nd quarter. Old West Investment Management LLC now owns 692,628 shares of the financial services provider's stock worth $6,732,000 after acquiring an additional 50,474 shares during the period. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on KW shares. StockNews.com cut shares of Kennedy-Wilson from a "hold" rating to a "sell" rating in a research report on Monday, September 2nd. JPMorgan Chase & Co. raised their target price on Kennedy-Wilson from $12.00 to $13.00 and gave the company a "neutral" rating in a report on Thursday, August 8th.

Kennedy-Wilson Stock Down 0.3 %

Shares of NYSE:KW traded down $0.03 during mid-day trading on Friday, hitting $10.87. 436,577 shares of the company traded hands, compared to its average volume of 690,775. The stock has a market cap of $1.49 billion, a P/E ratio of -5.52, a P/E/G ratio of 0.67 and a beta of 1.10. The stock has a 50-day moving average price of $10.78 and a two-hundred day moving average price of $9.93. Kennedy-Wilson Holdings, Inc. has a 12-month low of $7.85 and a 12-month high of $14.50. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 5.67.

Kennedy-Wilson (NYSE:KW - Get Free Report) last released its earnings results on Wednesday, August 7th. The financial services provider reported ($0.43) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.55) by $0.12. The company had revenue of $132.00 million during the quarter, compared to analyst estimates of $100.66 million. Kennedy-Wilson had a negative return on equity of 13.90% and a negative net margin of 59.78%. Kennedy-Wilson's quarterly revenue was down 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 earnings per share. On average, equities research analysts forecast that Kennedy-Wilson Holdings, Inc. will post 2.88 earnings per share for the current year.

Kennedy-Wilson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Monday, September 30th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date was Monday, September 30th. Kennedy-Wilson's dividend payout ratio is currently -24.37%.

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.