Todays Report: Today, B. Riley Reiterates Buy Rating for Kennedy-Wilson Holdings Inc. (KW)

Today, B. Riley Reiterates Buy Rating for Kennedy-Wilson Holdings Inc. (KW)

Kennedy-Wilson Holdings Inc. (NYSE:KW)‘s stock had its “buy” rating reiterated by research analysts at B. Riley in a research note issued to investors on Monday. They presently have a $30.00 target price on the stock. B. Riley’s price target would suggest a potential upside of 33.93% from the stock’s previous close.

KW has been the topic of several other research reports. Goodbody restated a “buy” rating on shares of Kennedy-Wilson Holdings in a research report on Friday, August 5th. Deutsche Bank AG reiterated a “buy” rating on shares of Kennedy-Wilson Holdings in a research report on Friday, August 5th. Zacks Investment Research upgraded shares of Kennedy-Wilson Holdings from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Wednesday, July 13th. Finally, Davy Research reiterated an “outperform” rating on shares of Kennedy-Wilson Holdings in a research report on Friday, August 5th. Seven equities research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of $29.50.

Shares of Kennedy-Wilson Holdings (NYSE:KW) traded up 0.45% during trading on Monday, hitting $22.40. 240,665 shares of the stock traded hands. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 167.16 and a beta of 1.45. The company has a 50 day moving average price of $21.44 and a 200 day moving average price of $21.01. Kennedy-Wilson Holdings has a 12 month low of $15.74 and a 12 month high of $26.44.

A number of large investors have recently made changes to their positions in the company. Dalton Greiner Hartman Maher & Company raised its stake in shares of Kennedy-Wilson Holdings by 22.8% in the fourth quarter. Dalton Greiner Hartman Maher & Company now owns 861,706 shares of the company’s stock worth $20,750,000 after buying an additional 160,215 shares during the period. SeaBridge Investment Advisors LLC raised its stake in shares of Kennedy-Wilson Holdings by 0.5% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 242,907 shares of the company’s stock worth $5,849,000 after buying an additional 1,215 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Kennedy-Wilson Holdings by 4.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,492,634 shares of the company’s stock worth $35,943,000 after buying an additional 61,921 shares during the period. Wells Fargo & Company MN raised its stake in shares of Kennedy-Wilson Holdings by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 446,909 shares of the company’s stock worth $10,762,000 after buying an additional 4,565 shares during the period. Finally, Morgan Stanley raised its stake in shares of Kennedy-Wilson Holdings by 41.4% in the fourth quarter. Morgan Stanley now owns 104,731 shares of the company’s stock worth $2,521,000 after buying an additional 30,687 shares during the period. 78.54% of the stock is currently owned by institutional investors and hedge funds.

About Kennedy-Wilson Holdings

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