Kennedy-Wilson Holdings Inc (NYSE:KW) Director Cathy Hendrickson sold 10,500 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $22.22, for a total value of $233,310.00. Following the sale, the director now directly owns 55,218 shares of the company’s stock, valued at approximately $1,226,943.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of KW stock opened at $22.17 on Wednesday. Kennedy-Wilson Holdings Inc has a 1 year low of $17.25 and a 1 year high of $23.50. The firm’s fifty day simple moving average is $22.67 and its 200 day simple moving average is $21.56. The firm has a market capitalization of $3.22 billion, a P/E ratio of 13.38 and a beta of 1.09. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 4.02.

Kennedy-Wilson (NYSE:KW) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.19). Kennedy-Wilson had a return on equity of 18.10% and a net margin of 15.99%. The company had revenue of $143.00 million for the quarter, compared to the consensus estimate of $166.20 million. During the same quarter in the previous year, the firm posted $0.52 EPS. The business’s revenue for the quarter was down 23.0% compared to the same quarter last year.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Nuveen Asset Management LLC acquired a new stake in shares of Kennedy-Wilson during the second quarter worth approximately $21,014,000. Cutter & CO Brokerage Inc. bought a new stake in shares of Kennedy-Wilson during the second quarter worth $8,434,000. Schroder Investment Management Group grew its stake in shares of Kennedy-Wilson by 72.8% during the second quarter. Schroder Investment Management Group now owns 931,224 shares of the financial services provider’s stock worth $19,155,000 after buying an additional 392,355 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Kennedy-Wilson by 141.9% during the second quarter. JPMorgan Chase & Co. now owns 493,428 shares of the financial services provider’s stock worth $10,028,000 after buying an additional 289,451 shares in the last quarter. Finally, Mackenzie Financial Corp increased its holdings in shares of Kennedy-Wilson by 5.1% during the second quarter. Mackenzie Financial Corp now owns 3,827,083 shares of the financial services provider’s stock worth $78,723,000 after buying an additional 186,800 shares in the last quarter. Hedge funds and other institutional investors own 81.17% of the company’s stock.

A number of research firms have recently commented on KW. ValuEngine lowered Kennedy-Wilson from a “buy” rating to a “hold” rating in a research note on Wednesday, September 11th. BTIG Research restated a “buy” rating and set a $33.00 target price on shares of Kennedy-Wilson in a research note on Thursday, August 8th.

Kennedy-Wilson Company Profile

Kennedy-Wilson Holdings, Inc is a global real estate investment company, which engages in the ownership, operation, and investment in real estate through its investment platform. It operates through the following business segments: KW Investments, and KW Investment Management and Real Estate Services (IMRES).

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

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