CWA Asset Management Group LLC Has $771,000 Stock Holdings in Kenon Holdings Ltd. (NYSE:KEN)

CWA Asset Management Group LLC grew its stake in shares of Kenon Holdings Ltd. (NYSE:KEN) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,666 shares of the utilities provider’s stock after buying an additional 4,632 shares during the quarter. CWA Asset Management Group LLC’s holdings in Kenon were worth $771,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Kenon by 3.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,694,216 shares of the utilities provider’s stock valued at $76,251,000 after buying an additional 97,256 shares during the period. Y.D. More Investments Ltd bought a new position in shares of Kenon during the second quarter worth about $4,371,000. JPMorgan Chase & Co. bought a new position in Kenon during the 3rd quarter worth approximately $1,136,000. Public Employees Retirement System of Ohio acquired a new position in shares of Kenon in the 3rd quarter worth approximately $365,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of Kenon by 13.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider’s stock valued at $212,000 after purchasing an additional 900 shares during the last quarter. 13.38% of the stock is currently owned by institutional investors and hedge funds.

Kenon Price Performance

Shares of NYSE KEN opened at $31.27 on Wednesday. The company has a market capitalization of $1.69 billion, a PE ratio of 9.77 and a beta of 1.41. The company has a quick ratio of 3.78, a current ratio of 3.78 and a debt-to-equity ratio of 0.64. Kenon Holdings Ltd. has a twelve month low of $19.63 and a twelve month high of $34.33. The firm has a fifty day simple moving average of $30.03 and a 200 day simple moving average of $27.13.

About Kenon

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.