Kenon Holdings Ltd. (NYSE:KEN) Stake Raised by Barclays PLC

Barclays PLC increased its stake in Kenon Holdings Ltd. (NYSE:KEN) by 4,233.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,550 shares of the utilities provider’s stock after acquiring an additional 4,445 shares during the period. Barclays PLC’s holdings in Kenon were worth $127,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. CWA Asset Management Group LLC purchased a new stake in shares of Kenon during the third quarter valued at $504,000. BNP Paribas Financial Markets raised its stake in shares of Kenon by 13.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider’s stock worth $212,000 after purchasing an additional 900 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Kenon during the 3rd quarter valued at about $365,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Kenon by 3.7% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,694,216 shares of the utilities provider’s stock valued at $76,251,000 after purchasing an additional 97,256 shares in the last quarter. Institutional investors and hedge funds own 13.38% of the company’s stock.

Kenon Stock Down 3.3 %

Shares of KEN stock opened at $32.01 on Friday. Kenon Holdings Ltd. has a twelve month low of $19.63 and a twelve month high of $34.33. The stock’s 50 day simple moving average is $30.88 and its 200 day simple moving average is $27.72. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.78 and a current ratio of 3.78. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 10.00 and a beta of 1.41.

Kenon (NYSE:KEN) last released its earnings results on Thursday, December 5th. The utilities provider reported $0.81 EPS for the quarter. Kenon had a net margin of 22.88% and a return on equity of 2.93%.

Kenon Company Profile

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.