Kennedy-Wilson Holdings Inc. $KW Shares Sold by Fox Run Management L.L.C.

Fox Run Management L.L.C. trimmed its position in Kennedy-Wilson Holdings Inc. (NYSE:KW) by 41.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,275 shares of the financial services provider’s stock after selling 20,900 shares during the quarter. Fox Run Management L.L.C.’s holdings in Kennedy-Wilson were worth $199,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC increased its holdings in Kennedy-Wilson by 756.4% in the 1st quarter. Jane Street Group LLC now owns 209,553 shares of the financial services provider’s stock worth $1,819,000 after buying an additional 185,083 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Kennedy-Wilson in the first quarter worth $1,600,000. ACR Alpine Capital Research LLC purchased a new position in shares of Kennedy-Wilson during the first quarter worth $985,000. GSA Capital Partners LLP lifted its position in Kennedy-Wilson by 233.1% during the first quarter. GSA Capital Partners LLP now owns 141,261 shares of the financial services provider’s stock valued at $1,226,000 after purchasing an additional 98,848 shares during the period. Finally, Trexquant Investment LP acquired a new position in Kennedy-Wilson during the first quarter valued at $834,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Weiss Ratings downgraded Kennedy-Wilson from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday. Wall Street Zen lowered Kennedy-Wilson from a “buy” rating to a “hold” rating in a report on Saturday. Finally, JPMorgan Chase & Co. reduced their price target on Kennedy-Wilson from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $10.00.

Kennedy-Wilson Stock Up 0.3%

Shares of KW opened at $9.65 on Friday. The firm has a market cap of $1.33 billion, a P/E ratio of -14.40, a PEG ratio of 2.37 and a beta of 1.16. Kennedy-Wilson Holdings Inc. has a 12 month low of $5.98 and a 12 month high of $11.78. The stock’s 50 day moving average is $8.39 and its two-hundred day moving average is $7.60. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 5.73.

Kennedy-Wilson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 5.0%. Kennedy-Wilson’s dividend payout ratio is currently -184.62%.

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.