Kennedy-Wilson Holdings Inc (KW) Shares Bought by Trust Co. of Vermont

Trust Co. of Vermont lifted its holdings in shares of Kennedy-Wilson Holdings Inc (NYSE:KW) by 9.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,003 shares of the financial services provider’s stock after buying an additional 3,462 shares during the period. Trust Co. of Vermont’s holdings in Kennedy-Wilson were worth $712,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of KW. Vanguard Group Inc. lifted its position in Kennedy-Wilson by 3.6% during the second quarter. Vanguard Group Inc. now owns 7,596,624 shares of the financial services provider’s stock worth $144,716,000 after acquiring an additional 263,567 shares during the last quarter. Fiduciary Management Inc. WI increased its holdings in shares of Kennedy-Wilson by 31.7% during the third quarter. Fiduciary Management Inc. WI now owns 3,286,505 shares of the financial services provider’s stock worth $60,965,000 after purchasing an additional 790,742 shares during the period. CI Investments Inc. increased its holdings in shares of Kennedy-Wilson by 86.6% during the third quarter. CI Investments Inc. now owns 2,939,428 shares of the financial services provider’s stock worth $54,526,000 after purchasing an additional 1,364,317 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Kennedy-Wilson by 2.6% during the third quarter. Dimensional Fund Advisors LP now owns 2,494,169 shares of the financial services provider’s stock worth $46,267,000 after purchasing an additional 62,357 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in shares of Kennedy-Wilson by 10.9% during the third quarter. Mackenzie Financial Corp now owns 2,013,382 shares of the financial services provider’s stock worth $37,348,000 after purchasing an additional 198,000 shares during the period. Institutional investors own 67.35% of the company’s stock.

In related news, Director Stanley R. Zax purchased 50,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was purchased at an average cost of $19.18 per share, with a total value of $959,000.00. Following the completion of the purchase, the director now owns 300,300 shares in the company, valued at approximately $5,759,754. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 17.07% of the company’s stock.

Kennedy-Wilson Holdings Inc (NYSE KW) traded up $0.35 during mid-day trading on Friday, reaching $16.50. 1,888,610 shares of the company traded hands, compared to its average volume of 1,297,352. Kennedy-Wilson Holdings Inc has a 1-year low of $15.95 and a 1-year high of $22.65. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of $2,498.83, a price-to-earnings ratio of 39.29 and a beta of 1.32.

A number of research analysts recently issued reports on the stock. ValuEngine cut shares of Kennedy-Wilson from a “hold” rating to a “sell” rating in a research note on Wednesday. Deutsche Bank reaffirmed a “hold” rating and set a $23.00 target price on shares of Kennedy-Wilson in a research note on Monday, October 30th. Finally, BTIG Research reiterated a “buy” rating and set a $33.00 price target on shares of Kennedy-Wilson in a report on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Kennedy-Wilson presently has an average rating of “Hold” and a consensus target price of $28.33.

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About Kennedy-Wilson

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.

Institutional Ownership by Quarter for Kennedy-Wilson (NYSE:KW)

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