Jane Street Group LLC Raises Stock Holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Jane Street Group LLC increased its holdings in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 2.1% during the third quarter, HoldingsChannel.com reports. The fund owned 265,217 shares of the financial services provider’s stock after buying an additional 5,477 shares during the quarter. Jane Street Group LLC’s holdings in Kennedy-Wilson were worth $2,931,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of KW. Royce & Associates LP boosted its stake in Kennedy-Wilson by 6.5% in the third quarter. Royce & Associates LP now owns 8,973,874 shares of the financial services provider’s stock valued at $99,161,000 after acquiring an additional 544,495 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in 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 valued at $6,801,000 after purchasing an additional 426,495 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in Kennedy-Wilson by 156.2% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 320,300 shares of the financial services provider’s stock worth $3,113,000 after buying an additional 195,300 shares during the last quarter. State of New Jersey Common Pension Fund D bought a new stake in shares of Kennedy-Wilson in the third quarter valued at $1,996,000. Finally, Marshall Wace LLP purchased a new position in shares of Kennedy-Wilson during the 2nd quarter valued at $1,721,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

Kennedy-Wilson Trading Up 0.7 %

Shares of KW stock opened at $10.05 on Friday. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of -3.90, a PEG ratio of 0.70 and a beta of 1.12. The company’s fifty day simple moving average is $11.06 and its two-hundred day simple moving average is $10.66. Kennedy-Wilson Holdings, Inc. has a 1 year low of $7.85 and a 1 year high of $12.74. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Tuesday, December 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 4.78%. Kennedy-Wilson’s dividend payout ratio (DPR) is -18.60%.

Analysts Set New Price Targets

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

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.