Kilroy Realty Co. (NYSE:KRC) Shares Sold by Amalgamated Bank

Amalgamated Bank decreased its stake in shares of Kilroy Realty Co. (NYSE:KRC) by 25.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,087 shares of the real estate investment trust’s stock after selling 17,678 shares during the period. Amalgamated Bank’s holdings in Kilroy Realty were worth $1,977,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of KRC. Wiser Advisor Group LLC raised its position in shares of Kilroy Realty by 67.5% in the 1st quarter. Wiser Advisor Group LLC now owns 757 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 305 shares during the period. UMB Bank n.a. increased its stake in Kilroy Realty by 126.5% during the third quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 540 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Kilroy Realty by 1,322.9% in the 2nd quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 1,270 shares during the period. Versant Capital Management Inc lifted its stake in shares of Kilroy Realty by 2,510.7% in the 2nd quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,406 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of Kilroy Realty during the 2nd quarter worth about $46,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Price Performance

Shares of NYSE KRC opened at $39.81 on Wednesday. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. Kilroy Realty Co. has a fifty-two week low of $27.39 and a fifty-two week high of $43.78. The business has a 50 day moving average price of $39.04 and a two-hundred day moving average price of $35.56. The firm has a market cap of $4.70 billion, a PE ratio of 23.84 and a beta of 1.03.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). The company had revenue of $289.94 million for the quarter, compared to analyst estimates of $275.77 million. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.12 EPS. Sell-side analysts expect that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date was Monday, September 30th. Kilroy Realty’s dividend payout ratio is presently 129.34%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on KRC shares. Scotiabank decreased their price objective on shares of Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. Wells Fargo & Company decreased their price target on shares of Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating for the company in a research report on Wednesday, September 11th. Barclays raised their price objective on Kilroy Realty from $38.00 to $44.00 and gave the company an “equal weight” rating in a research report on Monday, October 28th. Finally, Evercore ISI upped their target price on Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Kilroy Realty presently has a consensus rating of “Hold” and an average target price of $39.43.

Insider Buying and Selling at Kilroy Realty

In related news, EVP John Osmond sold 2,628 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total transaction of $105,120.00. Following the completion of the sale, the executive vice president now owns 8,818 shares of the company’s stock, valued at $352,720. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP John Osmond sold 2,628 shares of Kilroy Realty stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the sale, the executive vice president now directly owns 8,818 shares in the company, valued at $352,720. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total value of $117,420.00. Following the sale, the chief accounting officer now directly owns 26,401 shares in the company, valued at approximately $1,033,335.14. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.49% of the stock is owned by insiders.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.