Is It Worthwhile For Investors To Follow These Insider Trades On Kennedy-Wilson Holdings Inc. (KW)?

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Kennedy-Wilson Holdings Inc. (NYSE:KW) finished Friday with an addition of $0.11 to close at $15.73, an upside of 0.70 percent. An average of 626,020 shares of common stock have been traded in the last five days. There was a gain of $0.41 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 747,680 shares traded, while the 50-day average volume stands at 631,040.

KW stock has decreased by -7.58% in the last month. The company shares reached their 1-month lowest point of $15.03 on 12/22/22. With the stock rallying to its 52-week high on 03/29/22, shares of the company touched a low of $13.97 and a high of $25.30 in 52 weeks. It has reached a new high 4 times so far this year and lost -34.13% or -$8.15 in price. In spite of this, the price is down -37.83% from the 52-week high.

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Insider Transactions

KW stock investors should be aware that Kennedy-Wilson Holdings Inc. (KW) stock had its last reported insider trading activity 57 days ago on Nov 04. In this transaction, the insider spent $380,786. PRESIDENT, RICKS MARY, disposed of 62,357 shares at a price of $19.05 on Aug 24. The insider now owns more than $1,187,901 worth of shares. Prior to that, PRESIDENT RICKS MARY went on to Sale 48,675 shares at $19.16 each on Aug 23. An amount of $932,613 was transacted.

Valuation Metrics

Kennedy-Wilson Holdings Inc. (KW) has a trailing price-to-earnings (P/E) ratio of 28.34. The stock’s beta is 1.15. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.02, the price-to-book (PB) ratio at 1.61.

The company has a payout ratio of 161.60%. The company’s most recent quarterly dividend payment was $0.24 a share, without any change from last year. Its latest increase dividend $0.02 reported on Wednesday November 3 2021.

Financial Health

Further, the company has a long term debt to equity ratio of 4.14 and a total debt to equity ratio of 4.14 for the quarter ending June 29. Its gross profit as reported stood at $453.6 million compared to revenue of $453.6 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Kennedy-Wilson Holdings Inc.’s return on assets was 1.00%.

Earnings Surprise

For the three-month period that ended June 29, Kennedy-Wilson Holdings Inc. had $3.01 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $16.4 million in the quarter, while revenues were shrunk -301.83%. The analyst consensus anticipated Kennedy-Wilson Holdings Inc.’s latest quarter earnings to come in at $0 per share, but it turned out to be -$0.07. For the quarter, EBITDA amounted to $104.7 million. Shareholders own equity worth $137.79 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Kennedy-Wilson Holdings Inc. (KW) price momentum. RSI 9-day as of the close on 30 December was 45.75%, suggesting the stock is Neutral, with historical volatility in this time frame at 22.75%.

As of today, KW’s price is $15.62 +2.68% or $0.41 from its 5-day moving average. KW is currently trading -7.69% lower than its 20-day SMA and -21.66% lower than its 100-day SMA. However, the stock’s current price level is +1.48% above the SMA50 and -32.69% below the SMA200.

The stochastic %K and %D were 21.81% and 21.98%, respectively, and the average true range (ATR) was 0.46. With the 14-day stochastic at 27.31% and the average true range at 0.47, the RSI (14) stands at 45.28%. The stock has reached 0.08 on the 9-day MACD Oscillator while the 14-day reading was at -0.35.

Analyst Ratings

JP Morgan downgraded Kennedy-Wilson Holdings Inc. (NYSE: KW) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Kennedy-Wilson Holdings Inc. (KW) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KW, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

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