Kennedy-Wilson (NYSE:KW) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Kennedy-Wilson (NYSE:KW) in a research report report published on Monday. The firm issued a hold rating and a $9.00 price target on the financial services provider’s stock.

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

Kennedy-Wilson Price Performance

Shares of NYSE KW opened at $9.00 on Monday. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market cap of $1.24 billion, a PE ratio of -3.49, a P/E/G ratio of 0.54 and a beta of 1.13. The business has a 50-day simple moving average of $9.39 and a two-hundred day simple moving average of $10.43. Kennedy-Wilson has a fifty-two week low of $7.85 and a fifty-two week high of $11.88.

Institutional Investors Weigh In On Kennedy-Wilson

Several institutional investors have recently added to or reduced their stakes in the business. Creative Planning lifted its holdings in shares of Kennedy-Wilson by 11.9% during the third quarter. Creative Planning now owns 133,351 shares of the financial services provider’s stock worth $1,474,000 after purchasing an additional 14,133 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Kennedy-Wilson by 255.4% during the third quarter. Nisa Investment Advisors LLC now owns 20,504 shares of the financial services provider’s stock worth $229,000 after purchasing an additional 14,735 shares during the period. abrdn plc lifted its holdings in shares of Kennedy-Wilson by 10.5% during the third quarter. abrdn plc now owns 22,699 shares of the financial services provider’s stock worth $251,000 after purchasing an additional 2,166 shares during the period. Harbor Capital Advisors Inc. lifted its holdings in shares of Kennedy-Wilson by 225.7% during the third quarter. Harbor Capital Advisors Inc. now owns 615,496 shares of the financial services provider’s stock worth $6,801,000 after purchasing an additional 426,495 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of 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 purchasing an additional 2,145 shares during the period. Institutional investors and hedge funds own 87.72% of the company’s stock.

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.