Kennedy-Wilson Holdings, Inc. (NYSE:KW) Shares Sold by Quilter Plc

Quilter Plc reduced its stake in shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 415,297 shares of the financial services provider’s stock after selling 18,525 shares during the period. Quilter Plc’s holdings in Kennedy-Wilson were worth $4,149,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. abrdn plc grew its holdings in Kennedy-Wilson by 89.5% during the 4th quarter. abrdn plc now owns 43,013 shares of the financial services provider’s stock worth $430,000 after acquiring an additional 20,314 shares in the last quarter. Jennison Associates LLC grew its holdings in Kennedy-Wilson by 47.1% during the 4th quarter. Jennison Associates LLC now owns 99,954 shares of the financial services provider’s stock worth $999,000 after acquiring an additional 31,990 shares in the last quarter. DAVENPORT & Co LLC acquired a new position in Kennedy-Wilson during the 4th quarter worth $199,000. KBC Group NV grew its holdings in Kennedy-Wilson by 56.3% during the 4th quarter. KBC Group NV now owns 7,632 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 2,748 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in Kennedy-Wilson by 22.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 751,055 shares of the financial services provider’s stock worth $7,503,000 after acquiring an additional 135,559 shares in the last quarter. 87.72% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Kennedy-Wilson Price Performance

Kennedy-Wilson stock opened at $8.99 on Monday. The firm’s 50-day moving average is $9.87 and its 200-day moving average is $10.53. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current ratio of 1.18. Kennedy-Wilson Holdings, Inc. has a 1 year low of $7.85 and a 1 year high of $11.88.

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.