Kilroy Realty Co. (NYSE:KRC) Shares Acquired by Pathstone Holdings LLC

Pathstone Holdings LLC increased its stake in shares of Kilroy Realty Co. (NYSE:KRC) by 3.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,149 shares of the real estate investment trust’s stock after acquiring an additional 1,186 shares during the period. Pathstone Holdings LLC’s holdings in Kilroy Realty were worth $1,604,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tidal Investments LLC grew its stake in shares of Kilroy Realty by 53.5% during the 1st quarter. Tidal Investments LLC now owns 10,808 shares of the real estate investment trust’s stock worth $392,000 after purchasing an additional 3,767 shares during the period. Walleye Trading LLC acquired a new position in Kilroy Realty in the 1st quarter worth about $264,000. Swedbank AB purchased a new position in Kilroy Realty during the first quarter worth approximately $5,811,000. DekaBank Deutsche Girozentrale grew its holdings in Kilroy Realty by 13.2% in the first quarter. DekaBank Deutsche Girozentrale now owns 49,420 shares of the real estate investment trust’s stock valued at $1,751,000 after purchasing an additional 5,749 shares during the period. Finally, Lasalle Investment Management Securities LLC increased its position in shares of Kilroy Realty by 17.3% in the first quarter. Lasalle Investment Management Securities LLC now owns 860,214 shares of the real estate investment trust’s stock valued at $31,338,000 after buying an additional 127,036 shares in the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Kilroy Realty

In related news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the sale, the insider now owns 50,211 shares in the company, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of the company’s stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 26,401 shares of the company’s stock, valued at $1,033,335.14. The trade was a 10.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 17,628 shares of company stock worth $729,900. 2.49% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on KRC. Scotiabank downgraded Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price objective for the company. in a research note on Thursday, November 14th. Barclays upped their price objective on shares of Kilroy Realty from $38.00 to $44.00 and gave the company an “equal weight” rating in a research note on Monday, October 28th. Evercore ISI raised their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Finally, Wells Fargo & Company dropped their price target on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating for the company in a research report on Wednesday, September 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $39.43.

Kilroy Realty Trading Down 0.8 %

KRC opened at $42.05 on Thursday. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 25.18 and a beta of 1.03. The business’s 50 day moving average is $40.00 and its two-hundred day moving average is $36.07. 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 52 week low of $29.88 and a 52 week high of $43.78.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate 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%. Kilroy Realty’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.12 earnings per share. On average, research analysts predict that Kilroy Realty Co. will post 4.41 EPS for the current year.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were given a dividend of $0.54 per share. The ex-dividend date was Monday, September 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.14%. Kilroy Realty’s payout ratio is 129.34%.

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.