Thompson Siegel & Walmsley LLC Sells 112,358 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Thompson Siegel & Walmsley LLC decreased its position in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 56.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,189 shares of the financial services provider’s stock after selling 112,358 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.06% of Kennedy-Wilson worth $851,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Atria Investments Inc bought a new stake in Kennedy-Wilson during the third quarter worth approximately $735,000. State of New Jersey Common Pension Fund D bought a new stake in Kennedy-Wilson during the third quarter worth approximately $1,996,000. Harbor Capital Advisors Inc. boosted its position in Kennedy-Wilson by 22.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 751,055 shares of the financial services provider’s stock worth $7,503,000 after purchasing an additional 135,559 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Kennedy-Wilson by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,913,271 shares of the financial services provider’s stock worth $21,142,000 after purchasing an additional 53,185 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Kennedy-Wilson by 183.5% during the third quarter. JPMorgan Chase & Co. now owns 296,282 shares of the financial services provider’s stock worth $3,274,000 after purchasing an additional 191,790 shares during the period. Institutional investors own 87.72% of the company’s stock.

Kennedy-Wilson Stock Down 0.9 %

KW opened at $8.66 on Friday. Kennedy-Wilson Holdings, Inc. has a 1-year low of $7.90 and a 1-year high of $11.88. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 6.06. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of -3.36, a P/E/G ratio of 0.54 and a beta of 1.14. The business has a 50 day moving average of $9.16 and a 200-day moving average of $10.31.

Kennedy-Wilson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.54%. Kennedy-Wilson’s payout ratio is -85.71%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on KW shares. StockNews.com raised Kennedy-Wilson from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Kennedy-Wilson in a research report on Monday, February 24th. They issued a “hold” rating and a $9.00 price objective for the company.

Insider Activity at Kennedy-Wilson

In related news, Director Cathy Hendrickson sold 30,000 shares of the company’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $8.62, for a total value of $258,600.00. Following the completion of the transaction, the director now directly owns 98,318 shares in the company, valued at approximately $847,501.16. This represents a 23.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 22.73% of the stock is currently owned by corporate insiders.

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.