Harbor Capital Advisors Inc. Purchases 135,559 Shares of Kennedy-Wilson Holdings, Inc. (NYSE:KW)

Harbor Capital Advisors Inc. boosted its position in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 22.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 751,055 shares of the financial services provider’s stock after purchasing an additional 135,559 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.55% of Kennedy-Wilson worth $7,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of KW. Quarry LP bought a new stake in shares of Kennedy-Wilson during the 2nd quarter worth approximately $45,000. KBC Group NV lifted its position in shares of Kennedy-Wilson by 53.1% during the third quarter. KBC Group NV now owns 4,884 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 1,693 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Kennedy-Wilson by 102.7% during the third quarter. GAMMA Investing LLC now owns 5,908 shares of the financial services provider’s stock valued at $65,000 after purchasing an additional 2,994 shares during the period. Algert Global LLC bought a new position in shares of Kennedy-Wilson in the second quarter worth about $109,000. Finally, Los Angeles Capital Management LLC purchased a new position in Kennedy-Wilson in the 3rd quarter worth about $116,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

Kennedy-Wilson Stock Down 3.9 %

Shares of KW stock traded down $0.36 during mid-day trading on Friday, hitting $8.89. The stock had a trading volume of 134,551 shares, compared to its average volume of 515,167. Kennedy-Wilson Holdings, Inc. has a 12-month low of $7.85 and a 12-month high of $12.02. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.18 and a quick ratio of 1.18. The firm’s 50-day moving average is $10.75 and its two-hundred day moving average is $10.67. The firm has a market capitalization of $1.22 billion, a P/E ratio of -3.45, a price-to-earnings-growth ratio of 0.70 and a beta of 1.14.

Kennedy-Wilson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 5.40%. The ex-dividend date was Tuesday, December 31st. Kennedy-Wilson’s payout ratio is -18.60%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Kennedy-Wilson from a “sell” rating to a “hold” rating in a research report on Friday, December 6th.

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.