Kennedy-Wilson (NYSE:KW) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Kennedy-Wilson (NYSE:KW) in a report released on Monday morning. The firm issued a hold rating and a $9.00 target price on the financial services provider’s stock.

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

Kennedy-Wilson Stock Down 1.1 %

NYSE:KW opened at $9.19 on Monday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 6.06. Kennedy-Wilson has a twelve month low of $7.85 and a twelve month high of $11.88. The company has a market cap of $1.26 billion, a PE ratio of -3.56, a P/E/G ratio of 0.54 and a beta of 1.13. The company’s 50 day moving average is $9.31 and its two-hundred day moving average is $10.40.

Institutional Investors Weigh In On Kennedy-Wilson

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sterling Capital Management LLC boosted its position in shares of Kennedy-Wilson by 822.3% during the 4th quarter. Sterling Capital Management LLC now owns 3,643 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 3,248 shares during the period. KBC Group NV lifted its stake in 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 in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Kennedy-Wilson by 181.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,823 shares of the financial services provider’s stock worth $58,000 after buying an additional 3,755 shares during the period. Cibc World Markets Corp acquired a new stake in shares of Kennedy-Wilson in the fourth quarter valued at $106,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in shares of Kennedy-Wilson in the 4th quarter valued at $114,000. Hedge funds and other institutional investors own 87.72% of the company’s stock.

About Kennedy-Wilson

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.