Signaturefd LLC Decreases Stock Holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Signaturefd LLC lessened its holdings in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 24.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,105 shares of the financial services provider’s stock after selling 1,364 shares during the period. Signaturefd LLC’s holdings in Kennedy-Wilson were worth $51,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Kennedy-Wilson by 21.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 50,175 shares of the financial services provider’s stock valued at $621,000 after purchasing an additional 8,911 shares in the last quarter. Everence Capital Management Inc. raised its position in shares of Kennedy-Wilson by 43.2% in the fourth quarter. Everence Capital Management Inc. now owns 31,250 shares of the financial services provider’s stock valued at $387,000 after buying an additional 9,420 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Kennedy-Wilson by 10.2% in the fourth quarter. Mackenzie Financial Corp now owns 4,539,609 shares of the financial services provider’s stock valued at $56,200,000 after buying an additional 421,365 shares during the last quarter. Louisiana State Employees Retirement System acquired a new position in shares of Kennedy-Wilson in the fourth quarter valued at approximately $734,000. Finally, Cerity Partners LLC acquired a new position in shares of Kennedy-Wilson in the fourth quarter valued at approximately $357,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

Analyst Ratings Changes

Separately, TheStreet lowered shares of Kennedy-Wilson from a “c-” rating to a “d+” rating in a research report on Thursday, February 22nd.

Kennedy-Wilson Price Performance

KW opened at $8.76 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.25. Kennedy-Wilson Holdings, Inc. has a 52-week low of $7.85 and a 52-week high of $17.43. The company has a 50 day moving average of $8.46 and a two-hundred day moving average of $10.55. The company has a market cap of $1.21 billion, a P/E ratio of -3.56 and a beta of 1.04.

Kennedy-Wilson (NYSE:KW) last released its quarterly earnings data on Wednesday, February 21st. The financial services provider reported ($1.41) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($1.44). Kennedy-Wilson had a negative return on equity of 16.94% and a negative net margin of 55.65%. The business had revenue of $140.10 million for the quarter. On average, analysts expect that Kennedy-Wilson Holdings, Inc. will post -1.36 earnings per share for the current year.

Kennedy-Wilson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 28th were paid a $0.24 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.96 annualized dividend and a dividend yield of 10.96%. Kennedy-Wilson’s dividend payout ratio (DPR) is presently -39.02%.

About Kennedy-Wilson

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.