Kennedy-Wilson Holdings Inc. (NYSE:KW) Shares Purchased by US Bancorp DE

US Bancorp DE increased its position in shares of Kennedy-Wilson Holdings Inc. (NYSE:KW - Free Report) by 2,052.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,779 shares of the financial services provider's stock after buying an additional 79,886 shares during the period. US Bancorp DE's holdings in Kennedy-Wilson were worth $727,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. XTX Topco Ltd grew its holdings in Kennedy-Wilson by 186.5% during the 1st quarter. XTX Topco Ltd now owns 43,346 shares of the financial services provider's stock worth $376,000 after acquiring an additional 28,216 shares in the last quarter. GSA Capital Partners LLP grew its holdings in Kennedy-Wilson by 233.1% during the 1st quarter. GSA Capital Partners LLP now owns 141,261 shares of the financial services provider's stock worth $1,226,000 after acquiring an additional 98,848 shares in the last quarter. ACR Alpine Capital Research LLC acquired a new position in Kennedy-Wilson during the 1st quarter worth $985,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Kennedy-Wilson during the 1st quarter worth $131,000. Finally, Y Intercept Hong Kong Ltd grew its holdings in Kennedy-Wilson by 318.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 62,260 shares of the financial services provider's stock worth $540,000 after acquiring an additional 47,390 shares in the last quarter. Hedge funds and other institutional investors own 87.72% of the company's stock.

Kennedy-Wilson Stock Down 1.8%

KW stock traded down $0.15 during mid-day trading on Friday, hitting $8.07. 139,807 shares of the company were exchanged, compared to its average volume of 886,355. The company has a market capitalization of $1.11 billion, a PE ratio of -12.05, a price-to-earnings-growth ratio of 2.59 and a beta of 1.10. 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 Holdings Inc. has a twelve month low of $5.98 and a twelve month high of $11.88. The firm has a fifty day simple moving average of $7.22 and a 200 day simple moving average of $7.59.

Kennedy-Wilson (NYSE:KW - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.10. Kennedy-Wilson had a negative net margin of 9.11% and a positive return on equity of 12.90%. The company had revenue of $135.70 million during the quarter, compared to analyst estimates of $229.98 million. On average, research analysts forecast that Kennedy-Wilson Holdings Inc. will post 2.87 earnings per share for the current fiscal year.

Kennedy-Wilson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Tuesday, September 30th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.48 annualized dividend and a dividend yield of 6.0%. Kennedy-Wilson's payout ratio is -71.64%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Kennedy-Wilson from a "sell" rating to a "buy" rating in a report on Saturday, August 9th.

Kennedy-Wilson 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.