Alberta Investment Management Corp Buys 395,000 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Alberta Investment Management Corp raised its stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 17.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,650,322 shares of the financial services provider’s stock after buying an additional 395,000 shares during the period. Alberta Investment Management Corp’s holdings in Kennedy-Wilson were worth $26,477,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. KBC Group NV grew its position in shares of Kennedy-Wilson by 53.1% in the 3rd quarter. KBC Group NV now owns 4,884 shares of the financial services provider’s stock valued at $54,000 after buying an additional 1,693 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Kennedy-Wilson in the 3rd quarter valued at about $116,000. Quantinno Capital Management LP lifted its stake in shares of Kennedy-Wilson by 13.3% in the 3rd quarter. Quantinno Capital Management LP now owns 14,403 shares of the financial services provider’s stock valued at $159,000 after purchasing an additional 1,686 shares during the period. FMR LLC lifted its stake in shares of Kennedy-Wilson by 7.9% in the 3rd quarter. FMR LLC now owns 16,198 shares of the financial services provider’s stock valued at $179,000 after purchasing an additional 1,182 shares during the period. Finally, Legacy Capital Group California Inc. lifted its stake in shares of Kennedy-Wilson by 48.9% in the 3rd quarter. Legacy Capital Group California Inc. now owns 17,260 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 5,672 shares during the period. Institutional investors own 87.72% of the company’s stock.

Kennedy-Wilson Stock Up 1.0 %

Shares of NYSE:KW opened at $8.95 on Wednesday. The business’s 50-day moving average is $9.57 and its 200-day moving average is $10.46. Kennedy-Wilson Holdings, Inc. has a 1 year low of $7.85 and a 1 year high of $11.88. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.18 and a quick ratio of 1.18.

Analysts Set New Price Targets

Separately, StockNews.com raised 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.