LDR Capital Management LLC trimmed its holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW – Free Report) by 36.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 183,839 shares of the financial services provider’s stock after selling 106,798 shares during the period. Kennedy-Wilson comprises approximately 2.5% of LDR Capital Management LLC’s holdings, making the stock its 18th largest holding. LDR Capital Management LLC owned about 0.13% of Kennedy-Wilson worth $1,837,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in KW. KBC Group NV raised its position in shares of Kennedy-Wilson by 53.1% in the 3rd quarter. KBC Group NV now owns 4,884 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 1,693 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Kennedy-Wilson during the 3rd quarter valued at approximately $116,000. Quantinno Capital Management LP raised 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 in the last quarter. FMR LLC raised its position in shares of Kennedy-Wilson by 7.9% during the 3rd quarter. FMR LLC now owns 16,198 shares of the financial services provider’s stock valued at $179,000 after acquiring an additional 1,182 shares in the last quarter. Finally, Legacy Capital Group California Inc. raised its position in shares of Kennedy-Wilson by 48.9% during the 3rd quarter. Legacy Capital Group California Inc. now owns 17,260 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 5,672 shares in the last quarter. 87.72% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Kennedy-Wilson from a “sell” rating to a “hold” rating in a research report on Friday, December 6th.
Kennedy-Wilson Stock Up 1.4 %
KW stock opened at $8.91 on Friday. The stock’s 50 day simple moving average is $9.43 and its 200 day simple moving average is $10.43. 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 Holdings, Inc. has a 12-month low of $7.85 and a 12-month high of $11.88.
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.
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