Thompson Siegel & Walmsley LLC Has $851,000 Position in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Thompson Siegel & Walmsley LLC reduced its stake in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 56.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,189 shares of the financial services provider’s stock after selling 112,358 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Kennedy-Wilson were worth $851,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Kennedy-Wilson by 70.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 90,304 shares of the financial services provider’s stock valued at $902,000 after buying an additional 37,437 shares in the last quarter. Amundi increased its stake in shares of Kennedy-Wilson by 43.5% in the fourth quarter. Amundi now owns 117,578 shares of the financial services provider’s stock valued at $1,088,000 after buying an additional 35,633 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Kennedy-Wilson in the fourth quarter valued at $2,801,000. Proficio Capital Partners LLC acquired a new stake in shares of Kennedy-Wilson in the fourth quarter valued at $370,000. Finally, Atria Investments Inc increased its stake in shares of Kennedy-Wilson by 16.8% in the fourth quarter. Atria Investments Inc now owns 77,630 shares of the financial services provider’s stock valued at $776,000 after buying an additional 11,148 shares in the last quarter. 87.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on KW. Deutsche Bank Aktiengesellschaft began coverage on Kennedy-Wilson in a report on Monday, February 24th. They issued a “hold” rating and a $9.00 price target on the stock. StockNews.com upgraded Kennedy-Wilson from a “sell” rating to a “hold” rating in a report on Friday, December 6th.

Kennedy-Wilson Price Performance

Kennedy-Wilson stock opened at $8.66 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 12-month low of $7.90 and a 12-month high of $11.88. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of -3.36, a P/E/G ratio of 0.54 and a beta of 1.14. The business’s 50-day simple moving average is $9.16 and its 200 day simple moving average is $10.31.

Kennedy-Wilson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend is Monday, March 31st. Kennedy-Wilson’s dividend payout ratio (DPR) is currently -85.71%.

Insiders Place Their Bets

In other news, Director Cathy Hendrickson sold 30,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $8.62, for a total transaction of $258,600.00. Following the sale, the director now owns 98,318 shares of the company’s stock, valued at $847,501.16. This trade represents a 23.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 22.73% 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.