Redhawk Wealth Advisors Inc. bought a new stake in Kenon Holdings Ltd. (NYSE:KEN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 21,933 shares of the utilities provider's stock, valued at approximately $746,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of KEN. Barclays PLC lifted its position in shares of Kenon by 4,233.3% during the 3rd quarter. Barclays PLC now owns 4,550 shares of the utilities provider's stock worth $127,000 after buying an additional 4,445 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Kenon by 13.4% in the third quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider's stock valued at $212,000 after acquiring an additional 900 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Kenon in the third quarter valued at $365,000. CWA Asset Management Group LLC purchased a new position in shares of Kenon during the third quarter worth about $504,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Kenon during the third quarter worth about $1,136,000. 13.38% of the stock is currently owned by institutional investors and hedge funds.
Kenon Stock Performance
Shares of KEN stock traded up $0.29 during trading hours on Friday, hitting $33.29. The stock had a trading volume of 22,242 shares, compared to its average volume of 15,954. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.78 and a quick ratio of 3.78. The firm has a market capitalization of $1.79 billion, a PE ratio of 10.40 and a beta of 1.41. The stock's 50 day moving average is $30.52 and its 200 day moving average is $27.45. Kenon Holdings Ltd. has a twelve month low of $19.63 and a twelve month high of $34.33.
About Kenon
(
Free Report)
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.
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