Kennedy-Wilson Holdings, Inc. (NYSE:KW) Shares Sold by LDR Capital Management LLC

LDR Capital Management LLC reduced its stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW) by 36.7% in the fourth quarter, HoldingsChannel reports. The fund owned 183,839 shares of the financial services provider’s stock after selling 106,798 shares during the quarter. Kennedy-Wilson makes up 2.5% of LDR Capital Management LLC’s holdings, making the stock its 18th largest holding. LDR Capital Management LLC’s holdings in Kennedy-Wilson were worth $1,837,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Legacy Capital Group California Inc. raised its holdings in shares of Kennedy-Wilson by 12.8% in the 4th quarter. Legacy Capital Group California Inc. now owns 19,466 shares of the financial services provider’s stock worth $194,000 after purchasing an additional 2,206 shares in the last quarter. Alberta Investment Management Corp raised its holdings in shares of Kennedy-Wilson by 17.5% in the 4th quarter. Alberta Investment Management Corp now owns 2,650,322 shares of the financial services provider’s stock worth $26,477,000 after purchasing an additional 395,000 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Kennedy-Wilson by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 572,853 shares of the financial services provider’s stock worth $5,723,000 after purchasing an additional 16,090 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of Kennedy-Wilson by 5.1% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 189,798 shares of the financial services provider’s stock worth $1,896,000 after purchasing an additional 9,144 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of Kennedy-Wilson by 10.2% in the 4th quarter. Van ECK Associates Corp now owns 21,537 shares of the financial services provider’s stock worth $215,000 after purchasing an additional 1,995 shares in the last quarter. 87.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Kennedy-Wilson Trading Up 1.4 %

Kennedy-Wilson stock opened at $8.91 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 6.06. The firm’s 50 day moving average price is $9.43 and its two-hundred day moving average price is $10.43. Kennedy-Wilson Holdings, Inc. has a twelve month low of $7.85 and a twelve month high of $11.88.

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.