Keeley Asset Management Corp buys $54,798,123 stake in Kennedy-Wilson Holdings Inc (KW)

Kennedy-Wilson Holdings Inc (KW) : Keeley Asset Management Corp scooped up 1,569,040 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 Aug 12, 2016. The investment management firm now holds a total of 2,547,565 shares of Kennedy-Wilson Holdings Inc which is valued at $54,798,123.Kennedy-Wilson Holdings Inc makes up approximately 2.17% of Keeley Asset Management Corp’s portfolio.

Other Hedge Funds, Including , Old West Investment Management boosted its stake in KW in the latest quarter, The investment management firm added 222 additional shares and now holds a total of 24,224 shares of Kennedy-Wilson Holdings Inc which is valued at $521,058. Kennedy-Wilson Holdings Inc makes up approx 0.35% of Old West Investment Management’s portfolio.Blackrock Investment Management reduced its stake in KW by selling 23,670 shares or 6.42% in the most recent quarter. The Hedge Fund company now holds 345,189 shares of KW which is valued at $7,425,015. Kennedy-Wilson Holdings Inc makes up approx 0.01% of Blackrock Investment Management’s portfolio.Diam Ltd. boosted its stake in KW in the latest quarter, The investment management firm added 6,000 additional shares and now holds a total of 46,300 shares of Kennedy-Wilson Holdings Inc which is valued at $978,782. Kennedy-Wilson Holdings Inc makes up approx 0.01% of Diam Ltd.’s portfolio. Ngam Advisors added KW to its portfolio by purchasing 12,506 company shares during the most recent quarter which is valued at $264,377.

Kennedy-Wilson Holdings Inc opened for trading at $21.85 and hit $21.9602 on the upside on Monday, eventually ending the session at $21.95, with a gain of 0.73% or 0.16 points. The heightened volatility saw the trading volume jump to 4,86,373 shares. Company has a market cap of $2,469 M.

On the company’s financial health, Kennedy-Wilson Holdings Inc reported $-0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.15. The company had revenue of $176.50 million for the quarter, compared to analysts expectations of $175.39 million. The company’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 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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