Choreo LLC Sells 9,297 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Choreo LLC reduced its holdings in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 44.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,573 shares of the financial services provider’s stock after selling 9,297 shares during the quarter. Choreo LLC’s holdings in Kennedy-Wilson were worth $116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of KW. Royce & Associates LP increased its position in shares of Kennedy-Wilson by 6.5% during the 3rd quarter. Royce & Associates LP now owns 8,973,874 shares of the financial services provider’s stock valued at $99,161,000 after purchasing an additional 544,495 shares during the last quarter. Geode Capital Management LLC increased its holdings in Kennedy-Wilson by 0.7% during the third quarter. Geode Capital Management LLC now owns 2,859,103 shares of the financial services provider’s stock valued at $31,599,000 after buying an additional 20,500 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Kennedy-Wilson by 2.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,913,271 shares of the financial services provider’s stock worth $21,142,000 after acquiring an additional 53,185 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Kennedy-Wilson by 4.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 902,840 shares of the financial services provider’s stock valued at $9,976,000 after purchasing an additional 41,918 shares during the period. Finally, Harbor Capital Advisors Inc. increased its position in Kennedy-Wilson by 22.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 751,055 shares of the financial services provider’s stock worth $7,503,000 after buying an additional 135,559 shares in the last quarter. 87.72% of the stock is owned by hedge funds and other institutional investors.

Kennedy-Wilson Trading Up 0.4 %

Shares of Kennedy-Wilson stock opened at $8.84 on Friday. Kennedy-Wilson Holdings, Inc. has a fifty-two week low of $7.85 and a fifty-two week high of $11.88. 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 company has a market capitalization of $1.22 billion, a P/E ratio of -3.43, a P/E/G ratio of 0.57 and a beta of 1.13. The company has a fifty day moving average of $9.62 and a 200 day moving average of $10.47.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Kennedy-Wilson from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.

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.