66,482 Shares in Kennedy-Wilson Holdings, Inc. (NYSE:KW) Purchased by Atria Investments Inc

Atria Investments Inc purchased a new position in Kennedy-Wilson Holdings, Inc. (NYSE:KW) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 66,482 shares of the financial services provider’s stock, valued at approximately $735,000.

A number of other large investors also recently modified their holdings of KW. Massmutual Trust Co. FSB ADV lifted its stake in shares of Kennedy-Wilson by 68.2% in the second quarter. Massmutual Trust Co. FSB ADV now owns 3,320 shares of the financial services provider’s stock valued at $32,000 after buying an additional 1,346 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of Kennedy-Wilson by 2.6% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 52,734 shares of the financial services provider’s stock worth $583,000 after acquiring an additional 1,352 shares during the period. Delta Investment Management LLC grew its holdings in shares of Kennedy-Wilson by 6.1% during the 2nd quarter. Delta Investment Management LLC now owns 26,071 shares of the financial services provider’s stock worth $253,000 after purchasing an additional 1,500 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Kennedy-Wilson by 229.3% during the second quarter. GAMMA Investing LLC now owns 2,914 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 2,029 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of Kennedy-Wilson by 12.3% in the third quarter. Van ECK Associates Corp now owns 19,542 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 2,145 shares in the last quarter. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Kennedy-Wilson Price Performance

Kennedy-Wilson stock opened at $10.76 on Tuesday. The business has a 50 day simple moving average of $11.00 and a 200 day simple moving average of $10.47. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $1.48 billion, a PE ratio of -4.19, a price-to-earnings-growth ratio of 0.66 and a beta of 1.10. Kennedy-Wilson Holdings, Inc. has a one year low of $7.85 and a one year high of $13.27.

Kennedy-Wilson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 4.46%. Kennedy-Wilson’s dividend payout ratio is presently -18.60%.

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.