Kennedy-Wilson Holdings, Inc. (NYSE:KW) Shares Purchased by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. boosted its holdings in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) by 225.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 615,496 shares of the financial services provider's stock after buying an additional 426,495 shares during the quarter. Harbor Capital Advisors Inc. owned 0.45% of Kennedy-Wilson worth $6,801,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of KW. BNP Paribas Financial Markets grew its holdings in Kennedy-Wilson by 1,238.7% during the first quarter. BNP Paribas Financial Markets now owns 704,763 shares of the financial services provider's stock worth $6,047,000 after acquiring an additional 652,116 shares during the period. Capstone Investment Advisors LLC increased its holdings in shares of Kennedy-Wilson by 132.9% during the 1st quarter. Capstone Investment Advisors LLC now owns 52,346 shares of the financial services provider's stock valued at $449,000 after purchasing an additional 29,873 shares in the last quarter. Easterly Investment Partners LLC acquired a new position in shares of Kennedy-Wilson in the 1st quarter valued at $5,007,000. Texas Permanent School Fund Corp boosted its holdings in Kennedy-Wilson by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 103,185 shares of the financial services provider's stock worth $885,000 after buying an additional 1,309 shares in the last quarter. Finally, Illinois Municipal Retirement Fund grew its position in Kennedy-Wilson by 7.5% during the first quarter. Illinois Municipal Retirement Fund now owns 71,011 shares of the financial services provider's stock valued at $609,000 after buying an additional 4,981 shares during the period. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Kennedy-Wilson Price Performance

NYSE:KW traded down $0.03 during trading hours on Friday, reaching $10.66. 614,742 shares of the company were exchanged, compared to its average volume of 434,450. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 5.67. The firm has a market cap of $1.46 billion, a PE ratio of -3.98, a price-to-earnings-growth ratio of 0.65 and a beta of 1.10. Kennedy-Wilson Holdings, Inc. has a twelve month low of $7.85 and a twelve month high of $13.48. The stock's 50-day moving average is $10.98 and its 200-day moving average is $10.29.

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

Kennedy-Wilson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Monday, September 30th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend was Monday, September 30th. Kennedy-Wilson's payout ratio is -17.91%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Kennedy-Wilson from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Thursday, August 8th. StockNews.com downgraded Kennedy-Wilson from a "hold" rating to a "sell" rating in a research report on Monday, September 2nd.

About Kennedy-Wilson

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.