Kennedy-Wilson Holdings Inc (KW) President Mary Ricks Sells 39,901 Shares

Kennedy-Wilson Holdings Inc (NYSE:KW) President Mary Ricks sold 39,901 shares of Kennedy-Wilson stock in a transaction that occurred on Thursday, January 10th. The stock was sold at an average price of $19.51, for a total transaction of $778,468.51. Following the completion of the sale, the president now owns 1,743,329 shares of the company’s stock, valued at $34,012,348.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mary Ricks also recently made the following trade(s):

  • On Tuesday, January 8th, Mary Ricks sold 10,700 shares of Kennedy-Wilson stock. The stock was sold at an average price of $19.51, for a total transaction of $208,757.00.

Shares of NYSE KW opened at $19.25 on Friday. The company has a debt-to-equity ratio of 3.75, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $2.81 billion, a P/E ratio of 42.78 and a beta of 1.25. Kennedy-Wilson Holdings Inc has a 12-month low of $15.95 and a 12-month high of $22.27.



Kennedy-Wilson (NYSE:KW) last announced its earnings results on Wednesday, October 31st. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.17. The company had revenue of $185.80 million during the quarter, compared to analyst estimates of $199.49 million. Kennedy-Wilson had a net margin of 28.15% and a return on equity of 14.99%. The firm’s quarterly revenue was down 31.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.31 earnings per share.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 3rd. Investors of record on Friday, December 28th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 4.36%. This is a positive change from Kennedy-Wilson’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, December 27th. Kennedy-Wilson’s payout ratio is 186.67%.

A number of large investors have recently modified their holdings of KW. Strs Ohio purchased a new position in Kennedy-Wilson during the second quarter valued at approximately $103,000. Sei Investments Co. lifted its holdings in Kennedy-Wilson by 60.3% during the second quarter. Sei Investments Co. now owns 6,260 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 2,355 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in Kennedy-Wilson by 291.8% during the third quarter. Public Employees Retirement Association of Colorado now owns 8,107 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 6,038 shares in the last quarter. Redpoint Investment Management Pty Ltd purchased a new position in Kennedy-Wilson during the third quarter valued at approximately $204,000. Finally, Point72 Hong Kong Ltd lifted its holdings in Kennedy-Wilson by 96.4% during the second quarter. Point72 Hong Kong Ltd now owns 13,226 shares of the financial services provider’s stock valued at $280,000 after purchasing an additional 6,491 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

KW has been the subject of a number of research analyst reports. ValuEngine upgraded shares of Kennedy-Wilson from a “hold” rating to a “buy” rating in a research note on Tuesday, October 2nd. BTIG Research set a $33.00 price target on shares of Kennedy-Wilson and gave the stock a “buy” rating in a research note on Thursday, December 6th. TheStreet lowered shares of Kennedy-Wilson from a “b-” rating to a “c” rating in a research report on Thursday, November 1st. Finally, JPMorgan Chase & Co. assumed coverage on shares of Kennedy-Wilson in a research report on Wednesday, December 19th. They set an “overweight” rating and a $25.00 target price for the company. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Kennedy-Wilson currently has a consensus rating of “Buy” and a consensus price target of $26.75.

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Kennedy-Wilson Company Profile

Kennedy-Wilson Holdings, Inc 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 commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy, and Japan.

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