Jane Street Group LLC Acquires 5,477 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Jane Street Group LLC boosted its holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 2.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 265,217 shares of the financial services provider’s stock after purchasing an additional 5,477 shares during the quarter. Jane Street Group LLC owned about 0.19% of Kennedy-Wilson worth $2,931,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in KW. Royce & Associates LP boosted 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 worth $99,161,000 after purchasing an additional 544,495 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Kennedy-Wilson by 2.9% in the third 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 in the last quarter. Bank of New York Mellon Corp grew its stake in Kennedy-Wilson by 8.5% in the second quarter. Bank of New York Mellon Corp now owns 1,337,832 shares of the financial services provider’s stock valued at $13,004,000 after acquiring an additional 104,577 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of 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 worth $9,976,000 after purchasing an additional 41,918 shares during the period. Finally, Old West Investment Management LLC lifted its holdings in shares of Kennedy-Wilson by 7.9% in the 2nd quarter. Old West Investment Management LLC now owns 692,628 shares of the financial services provider’s stock worth $6,732,000 after purchasing an additional 50,474 shares in the last quarter. 87.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Kennedy-Wilson Price Performance

KW stock opened at $10.05 on Friday. The company has a market capitalization of $1.38 billion, a P/E ratio of -3.90, a price-to-earnings-growth ratio of 0.70 and a beta of 1.12. Kennedy-Wilson Holdings, Inc. has a 52-week low of $7.85 and a 52-week high of $12.74. The business has a 50-day simple moving average of $11.06 and a two-hundred day simple moving average of $10.66. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current 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 given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date of this dividend is Tuesday, December 31st. Kennedy-Wilson’s payout ratio is currently -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.