Redhawk Wealth Advisors Inc. Purchases New Shares in Kenon Holdings Ltd. (NYSE:KEN)

Redhawk Wealth Advisors Inc. acquired a new stake in shares of Kenon Holdings Ltd. (NYSE:KEN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 21,933 shares of the utilities provider’s stock, valued at approximately $746,000.

Several other institutional investors have also added to or reduced their stakes in KEN. Barclays PLC raised its position in shares of Kenon by 4,233.3% in the 3rd quarter. Barclays PLC now owns 4,550 shares of the utilities provider’s stock worth $127,000 after acquiring an additional 4,445 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Kenon by 13.4% in the third quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider’s stock worth $212,000 after purchasing an additional 900 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Kenon in the third quarter worth $365,000. CWA Asset Management Group LLC bought a new stake in shares of Kenon during the 3rd quarter valued at $504,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Kenon during the 3rd quarter valued at $1,136,000. 13.38% of the stock is currently owned by institutional investors.

Kenon Trading Up 0.3 %

Shares of NYSE KEN opened at $32.74 on Friday. Kenon Holdings Ltd. has a 1 year low of $19.63 and a 1 year high of $34.33. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.78 and a quick ratio of 3.78. The firm has a 50-day moving average of $30.52 and a 200 day moving average of $27.45. The stock has a market cap of $1.76 billion, a P/E ratio of 10.23 and a beta of 1.41.

Kenon Profile

Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.