Market News

Old West Investment Management Upped Its Kennedy (KW) Position by $4.00 Million as Share Value Rose; As Amazon.Com (AMZN) Market Value Rose, Pitcairn Company Lowered by $872,541 Its Stake

Kennedy-Wilson Holdings, Inc. (NYSE:KW) Logo

Pitcairn Company decreased its stake in Amazon.Com Inc (AMZN) by 6.59% based on its latest 2018Q1 regulatory filing with the SEC. Pitcairn Company sold 603 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 8,552 shares of the consumer services company at the end of 2018Q1, valued at $12.38 million, down from 9,155 at the end of the previous reported quarter. Pitcairn Company who had been investing in Amazon.Com Inc for a number of months, seems to be less bullish one the $832.64 billion market cap company. The stock decreased 0.46% or $7.89 during the last trading session, reaching $1715.97. About 3.88M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 16, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 29/03/2018 – Donald Trump Slams Amazon.com; 27/03/2018 – High stakes Amazon places its […]; 14/05/2018 – Jamie Heywood, U.K. director of electronics at Amazon, will join Uber next month as its new regional general manager for Northern and Eastern Europe; 27/04/2018 – Jeff Bezos credits Amazon’s success in part to having a future-focused mindset. via @CNBCMakeIt; 16/05/2018 – NBC Chicago: Amazon has finished visiting the 20 contenders for its new HQ; 24/04/2018 – BERLIN – AMAZON CEO SAYS NOT INTERESTED IN BUYING OTHER NEWSPAPERS, ALTHOUGH GETS REQUESTS MONTHLY; 13/03/2018 – This newly expanded partnership adds to Instacart’s growing arsenal of wholesale retailers as it competes with Amazon and Whole Foods in the online groceries area; 14/05/2018 – Amazon will now include women and minority candidates in its board search, following shareholder complaints filed last month; 05/04/2018 – Home Furn News: Reports: Amazon, Walmart Courting Leading Indian E-Tailer; 03/05/2018 – Rocky Mountain High Brands Announces HEMPd Products Are Now Available on Amazon and EBAY

Old West Investment Management Llc increased its stake in Kennedy (KW) by 229.53% based on its latest 2018Q1 regulatory filing with the SEC. Old West Investment Management Llc bought 235,506 shares as the company’s stock rose 15.16% while stock markets declined. The hedge fund held 338,111 shares of the real estate company at the end of 2018Q1, valued at $5.88 million, up from 102,605 at the end of the previous reported quarter. Old West Investment Management Llc who had been investing in Kennedy for a number of months, seems to be bullish on the $3.02B market cap company. The stock decreased 0.48% or $0.1 during the last trading session, reaching $20.8. About 1.10M shares traded or 29.37% up from the average. Kennedy-Wilson Holdings, Inc. (NYSE:KW) has declined 0.50% since June 16, 2017 and is downtrending. It has underperformed by 13.07% the S&P500. Some Historical KW News: 19/04/2018 – DJ Kennedy-Wilson Holdings Inc, Inst Holders, 1Q 2018 (KW); 02/05/2018 – Kennedy-Wilson Holdings 1Q Loss/Shr 2c; 19/04/2018 – KENNEDY-WILSON – AS OF APRIL 18, CO,PARTNERS ARE UNDER BINDING CONTRACTS TO BUY PROPERTIES ,DEVELOPMENT SITES IN WESTERN U.S. AND IRELAND FOR $224 MLN; 02/05/2018 – KENNEDY-WILSON 1Q LOSS/SHR 2C; 22/05/2018 – Kennedy-Wilson Forms Golden Cross: Technicals; 29/05/2018 – KENNEDY-WILSON HOLDINGS INC – ASSET SALES GENERATED CASH PROCEEDS OF $223 MLN FOR KENNEDY WILSON; 19/04/2018 – KENNEDY-WILSON – AS OF APRIL 18, CO, PARTNERS ARE UNDER SEPARATE BINDING CONTRACTS TO SELL PROPERTIES IN WESTERN U.S., U.K. & ITALY FOR $529 MLN; 29/05/2018 – PRESS RELEASE – KENNEDY WILSON SELLS $422 MILLION MULTIFAMILY PORTFOLIO; 20/03/2018 – KENNEDY-WILSON HOLDINGS INC – INTENDS TO FUND SHARE REPURCHASE PROGRAM PRIMARILY WITH PROCEEDS FROM FUTURE SALES OF NON-CORE ASSETS; 20/03/2018 – Kennedy-Wilson Closes Above 50-Day Moving Average: Technicals

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 2.40, from 3.35 in 2017Q4. It is negative, as 28 investors sold KW shares while 50 reduced holdings. 19 funds opened positions while 55 raised stakes. 122.15 million shares or 49.17% less from 240.30 million shares in 2017Q4 were reported. Franklin Res, a California-based fund reported 7.38 million shares. 14,150 were accumulated by Royal Bancshares Of Canada. Zurcher Kantonalbank (Zurich Cantonalbank) holds 14,113 shares. Numerixs Invest Techs reported 300 shares. Sg Americas Secs Ltd holds 0% or 17,165 shares in its portfolio. Voya Invest Management Ltd Liability Corporation invested in 0% or 54,118 shares. Cubist Systematic Strategies Lc owns 0.01% invested in Kennedy-Wilson Holdings, Inc. (NYSE:KW) for 6,500 shares. Guggenheim Cap Ltd Company invested in 36,954 shares. Japan-based Asset Mgmt One Limited has invested 0% in Kennedy-Wilson Holdings, Inc. (NYSE:KW). Rhumbline Advisers stated it has 112,840 shares. Arrowmark Colorado Holdg reported 545,000 shares. Aperio Grp Inc Lc owns 30,787 shares. 168 were accumulated by Advisory Network Llc. Element Capital Limited Liability Company stated it has 15,473 shares or 0.01% of all its holdings. Kempen Capital Management Nv holds 1.04% of its portfolio in Kennedy-Wilson Holdings, Inc. (NYSE:KW) for 741,700 shares.

Since March 15, 2018, it had 0 insider buys, and 6 selling transactions for $3.91 million activity. Another trade for 24,350 shares valued at $410,785 was sold by MOUTON KENT Y. WINDISCH MATTHEW sold 24,370 shares worth $411,122. Enbody Justin also sold $291,682 worth of Kennedy-Wilson Holdings, Inc. (NYSE:KW) on Thursday, March 15. Lee In Ku sold $145,335 worth of stock or 8,615 shares. MCMORROW WILLIAM J had sold 99,450 shares worth $1.68M on Thursday, March 15.

Another recent and important Kennedy-Wilson Holdings, Inc. (NYSE:KW) news was published by Globenewswire.com which published an article titled: “Research Report Identifies Avangrid, Entercom Communications, Kennedy-Wilson, Emerson Electric, Amgen, and vTv …” on June 12, 2018.

Among 4 analysts covering Kennedy-Wilson Holdings (NYSE:KW), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Kennedy-Wilson Holdings had 12 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, March 9 by JMP Securities. As per Monday, November 6, the company rating was maintained by BTIG Research. The firm has “Hold” rating given on Tuesday, August 11 by Zacks. The stock has “Buy” rating by BTIG Research on Thursday, June 22. The stock has “Buy” rating by BTIG Research on Tuesday, June 13. The stock of Kennedy-Wilson Holdings, Inc. (NYSE:KW) has “Market Perform” rating given on Friday, May 5 by JMP Securities. Deutsche Bank downgraded Kennedy-Wilson Holdings, Inc. (NYSE:KW) on Wednesday, April 26 to “” rating. BTIG Research maintained it with “Buy” rating and $33.0 target in Friday, February 23 report.

Old West Investment Management Llc, which manages about $207.40 million and $173.47M US Long portfolio, decreased its stake in Enphase Energy Inc (NASDAQ:ENPH) by 304,845 shares to 1.47M shares, valued at $6.74 million in 2018Q1, according to the filing. It also reduced its holding in Dish Network Corp (NASDAQ:DISH) by 22,145 shares in the quarter, leaving it with 73,821 shares, and cut its stake in Atara Biotherapeutics Inc (NASDAQ:ATRA).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.52 EPS, up 530.00% or $2.12 from last year’s $0.4 per share. AMZN’s profit will be $1.22B for 170.24 P/E if the $2.52 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.94% negative EPS growth.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon slammed over factory conditions” on June 11, 2018, also 247Wallst.com with their article: “6 Most Important Things In Business Today” published on June 14, 2018, Seekingalpha.com published: “Amazon makes a beauty move in Brazil” on June 14, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Seattle council repeals ‘head tax'” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon Goes To The Customer” with publication date: June 11, 2018.

Since February 15, 2018, it had 0 insider buys, and 21 insider sales for $63.19 million activity. The insider Jassy Andrew R sold 1,985 shares worth $2.90M. Blackburn Jeffrey M sold $3.23M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, May 15. 1,927 shares valued at $3.03M were sold by Zapolsky David on Tuesday, May 15. Reynolds Shelley sold $795,502 worth of stock or 544 shares. ALBERG TOM A also sold $3.35 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. Shares for $3.42M were sold by Olsavsky Brian T on Thursday, February 15.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 305 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, July 29 by Mizuho. The firm has “Overweight” rating by JP Morgan given on Thursday, April 7. Credit Suisse maintained the shares of AMZN in report on Friday, April 20 with “Outperform” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by RBC Capital Markets on Friday, February 2. The rating was upgraded by Vetr on Friday, August 21 to “Hold”. Nomura maintained it with “Buy” rating and $700 target in Friday, July 24 report. The firm has “Buy” rating by Stifel Nicolaus given on Friday, June 16. As per Thursday, April 19, the company rating was maintained by SunTrust. Needham maintained the stock with “Buy” rating in Wednesday, September 27 report. On Friday, April 27 the stock rating was maintained by Credit Suisse with “Outperform”.

Pitcairn Company, which manages about $942.41 million US Long portfolio, upped its stake in Electronic Arts Inc (NASDAQ:EA) by 7,772 shares to 25,642 shares, valued at $3.11M in 2018Q1, according to the filing. It also increased its holding in Manpowergroup Inc (NYSE:MAN) by 5,641 shares in the quarter, for a total of 7,940 shares, and has risen its stake in Sherwin Williams Co (NYSE:SHW).

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It dived, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Woodstock Corporation has invested 0.06% in Amazon.com, Inc. (NASDAQ:AMZN). Sol Mgmt has 368 shares for 0.15% of their portfolio. San Francisco Sentry Gru (Ca) holds 1.65% or 3,961 shares. Freestone Cap Liability Co reported 1,042 shares or 0.09% of all its holdings. Horizon Invest Svcs Ltd Liability Co has invested 0.16% in Amazon.com, Inc. (NASDAQ:AMZN). Old Mutual Customised Solutions (Proprietary) reported 4,805 shares or 0.71% of all its holdings. Gofen And Glossberg Ltd Il reported 0.88% in Amazon.com, Inc. (NASDAQ:AMZN). Optimum Inv holds 1.06% in Amazon.com, Inc. (NASDAQ:AMZN) or 2,501 shares. Oppenheimer & Communications invested in 1.32% or 35,475 shares. Maryland Cap Management holds 3.8% in Amazon.com, Inc. (NASDAQ:AMZN) or 18,228 shares. Carlton Hofferkamp And Jenks Wealth Mgmt Ltd Liability Com has invested 1.08% in Amazon.com, Inc. (NASDAQ:AMZN). Valiant Mgmt LP reported 53,890 shares or 7.13% of all its holdings. Partner Investment Mngmt LP invested in 1.24% or 792 shares. Avenir Corporation has invested 2.43% in Amazon.com, Inc. (NASDAQ:AMZN). Alpha Windward Limited Liability Company reported 341 shares.

Kennedy-Wilson Holdings, Inc. (NYSE:KW) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *