Real Estate Management Services buys $26,025,678 stake in Kennedy-Wilson Holdings Inc (KW)

Kennedy-Wilson Holdings Inc (KW) : Real Estate Management Services scooped up 349,854 additional shares in Kennedy-Wilson Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 1,171,800 shares of Kennedy-Wilson Holdings Inc which is valued at $26,025,678.Kennedy-Wilson Holdings Inc makes up approximately 4.15% of Real Estate Management Services’s portfolio.

Kennedy-Wilson Holdings Inc (KW) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $22.02 and reached the intraday high at $22.31. The bulls started the profit booking and pushed the shares to intraday low of $21.81. The trading session was marked by a volume range of 2,82,070 shares exchanging hands. The 52-week high of the shares is $26.64 and the 52-week low is $15.735. The market cap of the company stands at $2,541 M and there are 11,44,09,152 shares in public circulation.

Other Hedge Funds, Including , Integrated Investment Consultants added KW to its portfolio by purchasing 8,800 company shares during the most recent quarter which is valued at $195,448. Kennedy-Wilson Holdings Inc makes up approx 0.11% of Integrated Investment Consultants’s portfolio.Creative Planning boosted its stake in KW in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 500 shares of Kennedy-Wilson Holdings Inc which is valued at $10,795.

On the company’s financial health, Kennedy-Wilson Holdings Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.59 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $0.03. The company had revenue of $166.30 million for the quarter, compared to analysts expectations of $166.94 million. The company’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.35 EPS.

Kennedy-Wilson Holdings Inc. is a global real estate investment and services company. The Company owns and operates real estate related investments. The Company holds around 61.5% interest in Vintage Housing Holdings LLC (VHH). VHH owns certain interests in around 30 multi-family properties totaling approximately 5485 units. The Company owns around 163 mixed-use properties located throughout the United Kingdom. It operates in two business segments: KW Investments and KW Services. KW Investments invests its capital in real estate-related assets. KW Services provides an array of real estate-related services to the Company and its investment partners third-party owners and lenders with a focus on financial institution based clients. The Company invests its capital in real estate assets and loans secured by real estate either on its own or with partners through publicly traded companies joint ventures separate accounts or funds.

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