Comerica Bank Cut Kennedy (KW) Holding, Shorts at Powell Industries (POWL) Lowered By 30.78%

July 17, 2017 - By wolcottdaily

Comerica Bank decreased Kennedy (KW) stake by 23.32% reported in 2016Q4 SEC filing. Comerica Bank sold 73,333 shares as Kennedy (KW)’s stock declined 3.99%. The Comerica Bank holds 241,146 shares with $5.02M value, down from 314,479 last quarter. Kennedy now has $2.19 billion valuation. The stock rose 1.06% or $0.2 reaching $19.1. About 344,966 shares traded. Kennedy-Wilson Holdings Inc (NYSE:KW) has risen 1.79% since July 17, 2016 and is uptrending. It has underperformed by 14.91% the S&P500.

Powell Industries Incorporated (NASDAQ:POWL) had a decrease of 30.78% in short interest. POWL’s SI was 65,000 shares in July as released by FINRA. Its down 30.78% from 93,900 shares previously. With 24,100 avg volume, 3 days are for Powell Industries Incorporated (NASDAQ:POWL)’s short sellers to cover POWL’s short positions. The SI to Powell Industries Incorporated’s float is 0.75%. About 1,296 shares traded. Powell Industries, Inc. (NASDAQ:POWL) has declined 1.56% since July 17, 2016 and is downtrending. It has underperformed by 18.26% the S&P500.

Comerica Bank increased Blackrock Inc (NYSE:BLK) stake by 12,370 shares to 45,947 valued at $17.43M in 2016Q4. It also upped Harman Intl Inds Inc New (NYSE:HAR) stake by 3,370 shares and now owns 20,934 shares. Trimble Nav Ltd (NASDAQ:TRMB) was raised too.

Among 3 analysts covering Kennedy-Wilson Holdings (NYSE:KW), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Kennedy-Wilson Holdings had 8 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Kennedy-Wilson Holdings Inc (NYSE:KW) earned “Buy” rating by BTIG Research on Tuesday, June 13. The rating was maintained by BTIG Research on Thursday, June 22 with “Buy”. The firm has “Market Perform” rating by JMP Securities given on Friday, May 5. The rating was upgraded by Zacks to “Hold” on Tuesday, August 11. As per Wednesday, April 26, the company rating was downgraded by Deutsche Bank.

Investors sentiment increased to 1.28 in 2016 Q4. Its up 0.31, from 0.97 in 2016Q3. It is positive, as 15 investors sold KW shares while 42 reduced holdings. 24 funds opened positions while 49 raised stakes. 90.50 million shares or 2.04% more from 88.69 million shares in 2016Q3 were reported. Northern Trust Corporation holds 0.01% of its portfolio in Kennedy-Wilson Holdings Inc (NYSE:KW) for 1.06 million shares. Comml Bank Of America Corp De stated it has 0.01% in Kennedy-Wilson Holdings Inc (NYSE:KW). Moreover, Creative Planning has 0% invested in Kennedy-Wilson Holdings Inc (NYSE:KW) for 400 shares. Tiaa Cref Invest Mngmt Ltd Liability Com, a New York-based fund reported 399,298 shares. California State Teachers Retirement holds 0.01% or 170,122 shares. Gsa Cap Llp reported 21,020 shares. Rock Point Advsrs Ltd Co holds 1.6% or 151,720 shares. Real Estate Mngmt Ltd Liability has 1.29M shares for 5.2% of their portfolio. Indexiq Advsrs Ltd Liability Com invested in 0.09% or 88,759 shares. Fmr Lc accumulated 2.32 million shares or 0.01% of the stock. State Board Of Administration Of Florida Retirement invested in 70,732 shares. The Virginia-based Bb&T Securities Ltd Llc has invested 0.02% in Kennedy-Wilson Holdings Inc (NYSE:KW). Fiduciary Management Incorporated Wi reported 1.94 million shares. Geode Management Limited Co, a Massachusetts-based fund reported 651,800 shares. Deutsche Retail Bank Ag has invested 0% in Kennedy-Wilson Holdings Inc (NYSE:KW).

Powell Industries, Inc. develops design, makes and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy designed to distribute, control and monitor the flow of electrical energy, and provide protection to motors, transformers and other electrically powered equipment. The company has market cap of $377.62 million. The Company’s principal products include integrated power control room substations , custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers and bus duct systems. It has a 40.61 P/E ratio.

Investors sentiment increased to 1.4 in Q4 2016. Its up 0.06, from 1.34 in 2016Q3. It is positive, as 10 investors sold Powell Industries, Inc. shares while 33 reduced holdings. 18 funds opened positions while 42 raised stakes. 6.89 million shares or 1.96% less from 7.03 million shares in 2016Q3 were reported. Zacks Invest holds 8,473 shares. One Association invested in 17,465 shares. Blackrock Group Ltd holds 0% or 18,122 shares in its portfolio. Strs Ohio invested in 17,400 shares. Invesco Ltd reported 41,035 shares stake. Menta Capital Ltd Liability holds 0.06% of its portfolio in Powell Industries, Inc. (NASDAQ:POWL) for 18,439 shares. Bridgeway Capital stated it has 0.03% in Powell Industries, Inc. (NASDAQ:POWL). Tower Rech Cap Ltd Liability Corporation (Trc) has 561 shares for 0% of their portfolio. 21,236 were accumulated by Panagora Asset Management. Amg National Bank invested 0.05% in Powell Industries, Inc. (NASDAQ:POWL). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corporation holds 0% of its portfolio in Powell Industries, Inc. (NASDAQ:POWL) for 7,300 shares. Jpmorgan Chase accumulated 0% or 298,630 shares. Blackrock Institutional Tru Company Na holds 233,317 shares or 0% of its portfolio. Bank Of Mellon Corporation holds 155,141 shares or 0% of its portfolio. Parkside Finance Natl Bank And Tru has 7 shares for 0% of their portfolio.

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