Cerity Partners LLC Has $884,000 Stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Cerity Partners LLC increased its holdings in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 90.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,998 shares of the financial services provider’s stock after purchasing an additional 37,963 shares during the quarter. Cerity Partners LLC owned approximately 0.06% of Kennedy-Wilson worth $884,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KW. GAMMA Investing LLC raised its stake in shares of Kennedy-Wilson by 229.3% during the 2nd quarter. GAMMA Investing LLC now owns 2,914 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 2,029 shares in the last quarter. Quarry LP acquired a new position in Kennedy-Wilson during the second quarter worth $45,000. KBC Group NV raised its position in Kennedy-Wilson by 53.1% during the third quarter. KBC Group NV now owns 4,884 shares of the financial services provider’s stock worth $54,000 after acquiring an additional 1,693 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in Kennedy-Wilson by 298.1% in the second quarter. Nisa Investment Advisors LLC now owns 5,769 shares of the financial services provider’s stock valued at $57,000 after acquiring an additional 4,320 shares during the last quarter. Finally, CWM LLC lifted its stake in Kennedy-Wilson by 305.1% in the second quarter. CWM LLC now owns 10,509 shares of the financial services provider’s stock valued at $102,000 after acquiring an additional 7,915 shares during the last quarter. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Kennedy-Wilson Trading Down 2.4 %

KW stock opened at $11.20 on Friday. Kennedy-Wilson Holdings, Inc. has a one year low of $7.85 and a one year high of $13.27. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -4.34, a price-to-earnings-growth ratio of 0.73 and a beta of 1.12. The company has a fifty day moving average price of $11.07 and a two-hundred day moving average price of $10.61. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 4.29%. Kennedy-Wilson’s dividend payout ratio (DPR) is currently -18.60%.

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.