Kennedy-Wilson Holdings Inc (NYSE:KW) President Mary Ricks sold 10,700 shares of the firm’s stock in a transaction dated Tuesday, January 8th. The stock was sold at an average price of $19.51, for a total value of $208,757.00. Following the transaction, the president now directly owns 1,743,329 shares in the company, valued at approximately $34,012,348.79. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mary Ricks also recently made the following trade(s):

  • On Thursday, January 10th, Mary Ricks sold 39,901 shares of Kennedy-Wilson stock. The stock was sold at an average price of $19.51, for a total value of $778,468.51.

Shares of KW stock traded down $0.22 during mid-day trading on Thursday, hitting $19.25. 532,600 shares of the stock were exchanged, compared to its average volume of 442,471. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 42.78 and a beta of 1.25. Kennedy-Wilson Holdings Inc has a 12-month low of $15.95 and a 12-month high of $22.27. The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.98 and a current ratio of 0.98.

Kennedy-Wilson (NYSE:KW) last issued its quarterly earnings data on Wednesday, October 31st. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.17. The company had revenue of $185.80 million for the quarter, compared to analyst estimates of $199.49 million. Kennedy-Wilson had a return on equity of 14.99% and a net margin of 28.15%. The business’s quarterly revenue was down 31.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 3rd. Investors of record on Friday, December 28th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, December 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.36%. This is a positive change from Kennedy-Wilson’s previous quarterly dividend of $0.19. Kennedy-Wilson’s dividend payout ratio (DPR) is currently 186.67%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of Kennedy-Wilson by 5.3% during the third quarter. Vanguard Group Inc. now owns 18,881,430 shares of the financial services provider’s stock worth $405,950,000 after buying an additional 952,788 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of Kennedy-Wilson by 5.3% during the third quarter. Vanguard Group Inc now owns 18,881,430 shares of the financial services provider’s stock worth $405,950,000 after buying an additional 952,788 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Kennedy-Wilson by 6.1% during the third quarter. BlackRock Inc. now owns 11,150,526 shares of the financial services provider’s stock worth $239,737,000 after buying an additional 642,842 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Kennedy-Wilson by 26.1% during the third quarter. Mackenzie Financial Corp now owns 2,874,583 shares of the financial services provider’s stock worth $61,804,000 after buying an additional 595,600 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Kennedy-Wilson by 21.2% during the second quarter. Northern Trust Corp now owns 2,681,208 shares of the financial services provider’s stock worth $56,708,000 after buying an additional 468,717 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on KW shares. ValuEngine raised Kennedy-Wilson from a “hold” rating to a “buy” rating in a report on Tuesday, October 2nd. BTIG Research set a $33.00 price objective on Kennedy-Wilson and gave the stock a “buy” rating in a report on Thursday, December 6th. JPMorgan Chase & Co. started coverage on Kennedy-Wilson in a report on Wednesday, December 19th. They set an “overweight” rating and a $25.00 price objective on the stock. Finally, TheStreet lowered Kennedy-Wilson from a “b-” rating to a “c” rating in a report on Thursday, November 1st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $26.75.

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Kennedy-Wilson Company Profile

Kennedy-Wilson Holdings, Inc 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 commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan.

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Insider Buying and Selling by Quarter for Kennedy-Wilson (NYSE:KW)

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