Mackenzie Financial Corp Boosts Stock Position in Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Mackenzie Financial Corp grew its position in Kennedy-Wilson Holdings, Inc. (NYSE:KW - Free Report) by 10.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,539,609 shares of the financial services provider's stock after buying an additional 421,365 shares during the quarter. Mackenzie Financial Corp owned 3.26% of Kennedy-Wilson worth $56,200,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in KW. Raymond James & Associates lifted its position in shares of Kennedy-Wilson by 15.4% during the 1st quarter. Raymond James & Associates now owns 51,956 shares of the financial services provider's stock worth $1,267,000 after buying an additional 6,949 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Kennedy-Wilson by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 969,715 shares of the financial services provider's stock worth $23,652,000 after acquiring an additional 6,323 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Kennedy-Wilson in the 1st quarter valued at approximately $1,566,000. MetLife Investment Management LLC boosted its stake in shares of Kennedy-Wilson by 54.2% in the 1st quarter. MetLife Investment Management LLC now owns 64,286 shares of the financial services provider's stock valued at $1,568,000 after purchasing an additional 22,601 shares in the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in shares of Kennedy-Wilson by 2.1% during the 1st quarter. Great West Life Assurance Co. Can now owns 41,723 shares of the financial services provider's stock valued at $1,080,000 after purchasing an additional 858 shares during the last quarter. Institutional investors own 87.72% of the company's stock.

Kennedy-Wilson Trading Up 1.5 %

Shares of KW stock traded up $0.12 during mid-day trading on Wednesday, reaching $8.21. 1,162,657 shares of the stock traded hands, compared to its average volume of 1,356,081. The company has a market cap of $1.14 billion, a price-to-earnings ratio of -3.29 and a beta of 1.06. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.25. The stock's fifty day simple moving average is $8.80 and its two-hundred day simple moving average is $10.97. Kennedy-Wilson Holdings, Inc. has a 1-year low of $7.85 and a 1-year high of $17.43.

Kennedy-Wilson (NYSE:KW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The financial services provider reported ($1.41) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($1.44). The business had revenue of $140.10 million during the quarter. Kennedy-Wilson had a negative return on equity of 16.94% and a negative net margin of 55.65%. On average, research analysts anticipate that Kennedy-Wilson Holdings, Inc. will post -1.36 EPS for the current fiscal year.

Kennedy-Wilson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 28th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.69%. The ex-dividend date of this dividend was Wednesday, March 27th. Kennedy-Wilson's dividend payout ratio is currently -39.02%.

Analysts Set New Price Targets

Separately, TheStreet lowered shares of Kennedy-Wilson from a "c-" rating to a "d+" rating in a research report on Thursday, February 22nd.

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.