News coverage about Kennedy-Wilson (NYSE:KW) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kennedy-Wilson earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.1818941504365 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of equities research analysts have weighed in on the company. BTIG Research restated a “buy” rating and set a $33.00 price target on shares of Kennedy-Wilson in a research report on Tuesday, October 17th. ValuEngine downgraded Kennedy-Wilson from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, Deutsche Bank restated a “hold” rating and set a $23.00 price target on shares of Kennedy-Wilson in a research report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $28.33.
Shares of Kennedy-Wilson (KW) opened at $16.35 on Wednesday. Kennedy-Wilson has a 12-month low of $15.95 and a 12-month high of $22.65. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.74 and a current ratio of 2.74. The firm has a market capitalization of $2,498.83, a PE ratio of 125.78 and a beta of 1.32.
In other news, Director Stanley R. Zax purchased 50,000 shares of the stock in a transaction on Thursday, November 30th. The shares were acquired at an average price of $19.18 per share, for a total transaction of $959,000.00. Following the completion of the transaction, the director now directly owns 300,300 shares of the company’s stock, valued at approximately $5,759,754. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 17.07% of the company’s stock.
Kennedy-Wilson Company Profile
Kennedy-Wilson Holdings, Inc is a real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. The Company focuses on multifamily and commercial properties located in the Western United States, the United Kingdom, Ireland, Spain, Italy and Japan.
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