Nisa Investment Advisors LLC Sells 4,670 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Nisa Investment Advisors LLC reduced its position in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 22.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,834 shares of the financial services provider’s stock after selling 4,670 shares during the period. Nisa Investment Advisors LLC’s holdings in Kennedy-Wilson were worth $160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC lifted its stake in Kennedy-Wilson by 7.9% in the third quarter. FMR LLC now owns 16,198 shares of the financial services provider’s stock valued at $179,000 after buying an additional 1,182 shares during the period. Dynamic Advisor Solutions LLC increased its stake 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 valued at $583,000 after acquiring an additional 1,352 shares in the last quarter. Quantinno Capital Management LP lifted its position in shares of Kennedy-Wilson by 13.3% during 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 during the period. KBC Group NV boosted its stake 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. Finally, Van ECK Associates Corp boosted its stake in Kennedy-Wilson by 12.3% during the third quarter. Van ECK Associates Corp now owns 19,542 shares of the financial services provider’s stock worth $215,000 after acquiring an additional 2,145 shares in the last quarter. Institutional investors and hedge funds own 87.72% of the company’s stock.

Analysts Set New Price Targets

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

Kennedy-Wilson Trading Up 0.8 %

NYSE KW opened at $9.15 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 6.06. Kennedy-Wilson Holdings, Inc. has a 52 week low of $7.85 and a 52 week high of $11.88. The business has a 50 day moving average price of $10.20 and a 200-day moving average price of $10.61. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -3.54, a P/E/G ratio of 0.56 and a beta of 1.14.

Kennedy-Wilson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.12 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 5.25%. Kennedy-Wilson’s dividend payout ratio (DPR) is presently -18.60%.

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.