Smartleaf Asset Management LLC Has $58,000 Holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Smartleaf Asset Management LLC increased its holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 181.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,823 shares of the financial services provider’s stock after purchasing an additional 3,755 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Kennedy-Wilson were worth $58,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. KBC Group NV increased its holdings in Kennedy-Wilson by 53.1% in the third quarter. KBC Group NV now owns 4,884 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 1,693 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Kennedy-Wilson during the 3rd quarter worth approximately $116,000. Quantinno Capital Management LP increased its stake in shares of Kennedy-Wilson by 13.3% in the 3rd quarter. Quantinno Capital Management LP now owns 14,403 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 1,686 shares in the last quarter. FMR LLC lifted its position in shares of Kennedy-Wilson by 7.9% during the 3rd quarter. FMR LLC now owns 16,198 shares of the financial services provider’s stock valued at $179,000 after acquiring an additional 1,182 shares during the period. Finally, Legacy Capital Group California Inc. lifted its position in shares of Kennedy-Wilson by 12.8% during the 4th quarter. Legacy Capital Group California Inc. now owns 19,466 shares of the financial services provider’s stock valued at $194,000 after acquiring an additional 2,206 shares during the period. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on the company. StockNews.com upgraded Kennedy-Wilson from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft assumed coverage on Kennedy-Wilson in a research note on Monday, February 24th. They issued a “hold” rating and a $9.00 price objective for the company.

Kennedy-Wilson Stock Down 4.5 %

Shares of NYSE KW opened at $9.44 on Tuesday. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.18 and a quick ratio of 1.18. Kennedy-Wilson Holdings, Inc. has a 1 year low of $7.85 and a 1 year high of $11.88. The stock has a market capitalization of $1.30 billion, a P/E ratio of -3.66, a P/E/G ratio of 0.54 and a beta of 1.14. The company has a 50-day moving average price of $9.25 and a 200-day moving average price of $10.36.

Kennedy-Wilson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Monday, March 31st. Kennedy-Wilson’s dividend payout ratio is currently -85.71%.

Kennedy-Wilson 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.