Kennedy-Wilson (NYSE:KW) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

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

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

Kennedy-Wilson Stock Up 1.2 %

Shares of KW opened at $9.00 on Monday. The company has a debt-to-equity ratio of 6.06, a quick ratio of 1.18 and a current ratio of 1.18. Kennedy-Wilson has a one year low of $7.85 and a one year high of $11.88. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -3.49, a PEG ratio of 0.54 and a beta of 1.13. The stock has a 50 day moving average price of $9.39 and a 200 day moving average price of $10.43.

Hedge Funds Weigh In On Kennedy-Wilson

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sterling Capital Management LLC boosted its stake in shares of Kennedy-Wilson by 822.3% in the 4th quarter. Sterling Capital Management LLC now owns 3,643 shares of the financial services provider’s stock valued at $36,000 after buying an additional 3,248 shares during the period. KBC Group NV boosted its stake in shares of Kennedy-Wilson by 53.1% in the 3rd quarter. KBC Group NV now owns 4,884 shares of the financial services provider’s stock valued at $54,000 after buying an additional 1,693 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Kennedy-Wilson by 181.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,823 shares of the financial services provider’s stock valued at $58,000 after buying an additional 3,755 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Kennedy-Wilson in the 3rd quarter valued at about $116,000. Finally, Cibc World Markets Corp purchased a new position in shares of Kennedy-Wilson in the 4th quarter valued at about $106,000. 87.72% of the stock is currently owned by hedge funds and other institutional investors.

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.