Barclays PLC grew its position in Kenon Holdings Ltd. (NYSE:KEN – Free Report) by 4,233.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,550 shares of the utilities provider’s stock after purchasing an additional 4,445 shares during the period. Barclays PLC’s holdings in Kenon were worth $127,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in KEN. BNP Paribas Financial Markets boosted its holdings in shares of Kenon by 13.4% during the third quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider’s stock worth $212,000 after purchasing an additional 900 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Kenon during the third quarter worth approximately $365,000. CWA Asset Management Group LLC acquired a new stake in shares of Kenon during the third quarter worth approximately $504,000. Y.D. More Investments Ltd acquired a new stake in shares of Kenon during the second quarter worth approximately $4,371,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Kenon by 3.7% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,694,216 shares of the utilities provider’s stock worth $76,251,000 after purchasing an additional 97,256 shares during the period. 13.38% of the stock is currently owned by institutional investors and hedge funds.
Kenon Stock Performance
KEN stock opened at $31.39 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.78 and a current ratio of 3.78. The stock has a market cap of $1.69 billion, a P/E ratio of 9.81 and a beta of 1.41. Kenon Holdings Ltd. has a 52 week low of $19.63 and a 52 week high of $34.33. The firm has a 50 day simple moving average of $30.03 and a 200 day simple moving average of $27.13.
Kenon Profile
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.
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