Kennedy-Wilson Holdings Inc (NYSE:KW) CEO Mary Ricks sold 57,875 shares of the business’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $16.87, for a total transaction of $976,351.25. Following the transaction, the chief executive officer now directly owns 1,732,608 shares of the company’s stock, valued at approximately $29,229,096.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Kennedy-Wilson stock opened at $17.00 on Monday. Kennedy-Wilson Holdings Inc has a twelve month low of $15.95 and a twelve month high of $22.65. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.59. The stock has a market cap of $2,567.51, a PE ratio of 24.64 and a beta of 1.34.
Kennedy-Wilson (NYSE:KW) last posted its quarterly earnings data on Thursday, February 22nd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.09. Kennedy-Wilson had a net margin of 12.40% and a return on equity of 4.01%. The company had revenue of $181.50 million for the quarter, compared to the consensus estimate of $181.56 million. equities research analysts forecast that Kennedy-Wilson Holdings Inc will post -0.17 earnings per share for the current year.
Several large investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Kennedy-Wilson by 2.3% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 132,669 shares of the financial services provider’s stock worth $2,461,000 after purchasing an additional 2,935 shares during the period. Stevens Capital Management LP increased its holdings in shares of Kennedy-Wilson by 25.6% during the 3rd quarter. Stevens Capital Management LP now owns 16,559 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 3,373 shares during the period. Trust Co. of Vermont increased its holdings in shares of Kennedy-Wilson by 9.2% during the 4th quarter. Trust Co. of Vermont now owns 41,003 shares of the financial services provider’s stock worth $712,000 after purchasing an additional 3,462 shares during the period. Guggenheim Capital LLC increased its holdings in shares of Kennedy-Wilson by 17.0% during the 4th quarter. Guggenheim Capital LLC now owns 26,643 shares of the financial services provider’s stock worth $462,000 after purchasing an additional 3,868 shares during the period. Finally, American International Group Inc. increased its holdings in shares of Kennedy-Wilson by 8.1% during the 3rd quarter. American International Group Inc. now owns 55,827 shares of the financial services provider’s stock worth $1,036,000 after purchasing an additional 4,175 shares during the period. Institutional investors own 84.63% of the company’s stock.
A number of research analysts have weighed in on KW shares. ValuEngine lowered shares of Kennedy-Wilson from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. JMP Securities raised shares of Kennedy-Wilson from a “market perform” rating to an “outperform” rating and set a $22.00 target price for the company in a research report on Friday, March 9th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.75.
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Kennedy-Wilson Holdings, Inc is a real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. The Company focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy and Japan.
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