Trust Co. of Vermont Raises Stake in Kennedy-Wilson Holdings Inc (KW)

Trust Co. of Vermont raised its position in shares of Kennedy-Wilson Holdings Inc (NYSE:KW) by 11.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,097 shares of the financial services provider’s stock after purchasing an additional 4,209 shares during the period. Trust Co. of Vermont’s holdings in Kennedy-Wilson were worth $900,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Ibex Wealth Advisors grew its holdings in Kennedy-Wilson by 120.6% during the 1st quarter. Ibex Wealth Advisors now owns 102,833 shares of the financial services provider’s stock worth $2,200,000 after acquiring an additional 56,227 shares during the last quarter. SG Americas Securities LLC lifted its position in Kennedy-Wilson by 88.4% during the 1st quarter. SG Americas Securities LLC now owns 68,106 shares of the financial services provider’s stock valued at $1,457,000 after purchasing an additional 31,952 shares during the period. BNP Paribas Arbitrage SA lifted its position in Kennedy-Wilson by 111.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 45,942 shares of the financial services provider’s stock valued at $983,000 after purchasing an additional 24,221 shares during the period. Copeland Capital Management LLC lifted its position in Kennedy-Wilson by 10.0% during the 1st quarter. Copeland Capital Management LLC now owns 1,085,598 shares of the financial services provider’s stock valued at $23,220,000 after purchasing an additional 98,475 shares during the period. Finally, Dynamic Advisor Solutions LLC acquired a new position in Kennedy-Wilson during the 1st quarter valued at about $242,000. Institutional investors own 82.87% of the company’s stock.

Separately, Evercore ISI started coverage on shares of Kennedy-Wilson in a research report on Thursday, April 18th. They set an “outperform” rating and a $21.52 target price on the stock. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Kennedy-Wilson has a consensus rating of “Buy” and a consensus target price of $25.70.

In other Kennedy-Wilson news, Director Trevor Bowen purchased 13,500 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was bought at an average cost of $20.93 per share, with a total value of $282,555.00. Following the purchase, the director now directly owns 38,909 shares of the company’s stock, valued at $814,365.37. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Richard Aidan Hugh Boucher purchased 7,100 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were acquired at an average cost of $21.00 per share, with a total value of $149,100.00. Following the completion of the purchase, the director now directly owns 22,100 shares in the company, valued at $464,100. The disclosure for this purchase can be found here. Company insiders own 14.70% of the company’s stock.

Shares of NYSE:KW traded down $0.27 during mid-day trading on Wednesday, reaching $20.84. The stock had a trading volume of 244,800 shares, compared to its average volume of 362,027. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 12.28 and a beta of 1.34. The company has a debt-to-equity ratio of 4.19, a current ratio of 1.01 and a quick ratio of 1.01. Kennedy-Wilson Holdings Inc has a twelve month low of $17.25 and a twelve month high of $22.61.

Kennedy-Wilson (NYSE:KW) last announced its earnings results on Wednesday, February 27th. The financial services provider reported $0.55 EPS for the quarter. The firm had revenue of $178.70 million for the quarter, compared to the consensus estimate of $197.77 million. Kennedy-Wilson had a net margin of 20.33% and a return on equity of 17.67%.

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Kennedy-Wilson Company Profile

Kennedy-Wilson Holdings, Inc is a global real estate investment company, which engages in the ownership, operation, and investment in real estate through its investment platform. It operates through the following business segments: KW Investments, and KW Investment Management and Real Estate Services (IMRES).

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

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