Mutual of America Capital Management LLC Sells 1,440 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Mutual of America Capital Management LLC reduced its position in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 7.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,774 shares of the financial services provider’s stock after selling 1,440 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Kennedy-Wilson were worth $196,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co increased its stake in shares of Kennedy-Wilson by 6.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 141,932 shares of the financial services provider’s stock valued at $1,217,000 after acquiring an additional 8,970 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Kennedy-Wilson by 19.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 82,853 shares of the financial services provider’s stock valued at $711,000 after acquiring an additional 13,214 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Kennedy-Wilson by 6,378.2% in the 1st quarter. Public Employees Retirement System of Ohio now owns 172,125 shares of the financial services provider’s stock valued at $1,477,000 after acquiring an additional 169,468 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Kennedy-Wilson by 229.3% in the 2nd quarter. GAMMA Investing LLC now owns 2,914 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 2,029 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its stake in shares of Kennedy-Wilson by 68.2% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 3,320 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 1,346 shares during the last quarter. 87.72% of the stock is owned by institutional investors.

Kennedy-Wilson Price Performance

Shares of KW opened at $11.59 on Friday. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a 50 day simple moving average of $11.04 and a 200 day simple moving average of $10.59. Kennedy-Wilson Holdings, Inc. has a 52-week low of $7.85 and a 52-week high of $13.27. The firm has a market capitalization of $1.59 billion, a PE ratio of -4.49, a P/E/G ratio of 0.75 and a beta of 1.10.

Kennedy-Wilson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Tuesday, December 31st will be given a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 4.14%. Kennedy-Wilson’s dividend payout ratio is presently -18.60%.

Wall Street Analysts Forecast Growth

KW has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on Kennedy-Wilson from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Thursday, August 8th. StockNews.com lowered Kennedy-Wilson from a “hold” rating to a “sell” rating in a research report on Monday, September 2nd.

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.