Clal Insurance Enterprises Holdings Ltd Has $76.25 Million Stock Holdings in Kenon Holdings Ltd. (NYSE:KEN)

Clal Insurance Enterprises Holdings Ltd raised its holdings in Kenon Holdings Ltd. (NYSE:KEN) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,694,216 shares of the utilities provider’s stock after acquiring an additional 97,256 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned about 5.00% of Kenon worth $76,251,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Y.D. More Investments Ltd bought a new stake in shares of Kenon in the 2nd quarter valued at about $4,371,000. Assenagon Asset Management S.A. bought a new stake in Kenon in the 2nd quarter valued at $2,317,000. CWA Asset Management Group LLC acquired a new position in Kenon in the 3rd quarter worth $504,000. Finally, BNP Paribas Financial Markets increased its holdings in Kenon by 150.0% during the 1st quarter. BNP Paribas Financial Markets now owns 3,000 shares of the utilities provider’s stock worth $80,000 after purchasing an additional 1,800 shares in the last quarter. Institutional investors and hedge funds own 13.38% of the company’s stock.

Kenon Stock Performance

KEN opened at $28.47 on Friday. The business’s 50-day moving average price is $27.38 and its two-hundred day moving average price is $25.69. Kenon Holdings Ltd. has a 1 year low of $19.63 and a 1 year high of $30.67. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.08 and a quick ratio of 3.08.

Kenon (NYSE:KEN) last announced its earnings results on Monday, September 9th. The utilities provider reported $0.02 earnings per share (EPS) for the quarter. Kenon had a negative return on equity of 9.48% and a negative net margin of 10.61%. The business had revenue of $181.00 million for the quarter.

Kenon Company Profile

Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.