Marshall Wace LLP Has $1.35 Million Stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Marshall Wace LLP decreased its position in Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) by 38.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 135,528 shares of the financial services provider's stock after selling 84,617 shares during the period. Marshall Wace LLP owned approximately 0.10% of Kennedy-Wilson worth $1,354,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. XTX Topco Ltd bought a new position in Kennedy-Wilson in the fourth quarter valued at approximately $151,000. Belpointe Asset Management LLC lifted its position in Kennedy-Wilson by 10.2% in the 4th quarter. Belpointe Asset Management LLC now owns 35,056 shares of the financial services provider's stock valued at $350,000 after acquiring an additional 3,250 shares in the last quarter. Barclays PLC boosted its stake in Kennedy-Wilson by 7.4% in the 4th quarter. Barclays PLC now owns 207,160 shares of the financial services provider's stock worth $2,070,000 after purchasing an additional 14,323 shares during the period. TT Capital Management LLC bought a new position in Kennedy-Wilson during the 4th quarter worth about $513,000. Finally, Sterling Capital Management LLC raised its stake in shares of Kennedy-Wilson by 822.3% in the 4th quarter. Sterling Capital Management LLC now owns 3,643 shares of the financial services provider's stock valued at $36,000 after purchasing an additional 3,248 shares during the period. Institutional investors own 87.72% of the company's stock.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft began coverage on Kennedy-Wilson in a research report on Monday, February 24th. They set a "hold" rating and a $9.00 price objective for the company.

Kennedy-Wilson Stock Up 4.6 %

Shares of KW stock traded up $0.30 during trading on Friday, reaching $6.81. The company's stock had a trading volume of 749,192 shares, compared to its average volume of 691,897. Kennedy-Wilson Holdings, Inc. has a one year low of $6.13 and a one year high of $11.88. The business has a fifty day moving average price of $7.97 and a 200-day moving average price of $9.40. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -2.64, a price-to-earnings-growth ratio of 0.54 and a beta of 0.98. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 6.06.

Kennedy-Wilson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 31st were given a dividend of $0.12 per share. The ex-dividend date was Monday, March 31st. This represents a $0.48 annualized dividend and a yield of 7.05%. Kennedy-Wilson's dividend payout ratio (DPR) is presently -85.71%.

Insider Transactions at Kennedy-Wilson

In other news, Director Stanley R. Zax bought 41,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was acquired at an average cost of $8.56 per share, with a total value of $350,960.00. Following the completion of the purchase, the director now owns 547,400 shares of the company's stock, valued at $4,685,744. This represents a 8.10 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Cathy Hendrickson sold 30,000 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $8.62, for a total transaction of $258,600.00. Following the transaction, the director now owns 98,318 shares in the company, valued at approximately $847,501.16. The trade was a 23.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 22.73% of the company's stock.

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.