Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $2.49 Million Stock Position in Kilroy Realty Co. (NYSE:KRC)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Kilroy Realty Co. (NYSE:KRC) by 40.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,541 shares of the real estate investment trust’s stock after purchasing an additional 17,811 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of Kilroy Realty worth $2,489,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. State of Alaska Department of Revenue boosted its stake in Kilroy Realty by 0.4% during the fourth quarter. State of Alaska Department of Revenue now owns 68,456 shares of the real estate investment trust’s stock worth $2,768,000 after buying an additional 276 shares in the last quarter. Choreo LLC boosted its position in shares of Kilroy Realty by 3.2% during the 4th quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust’s stock valued at $358,000 after acquiring an additional 278 shares in the last quarter. M&T Bank Corp increased its stake in Kilroy Realty by 1.3% in the fourth quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 293 shares during the period. US Bancorp DE raised its position in Kilroy Realty by 3.4% in the fourth quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust’s stock worth $392,000 after purchasing an additional 317 shares in the last quarter. Finally, FMR LLC lifted its stake in Kilroy Realty by 2.2% during the third quarter. FMR LLC now owns 15,201 shares of the real estate investment trust’s stock worth $588,000 after purchasing an additional 329 shares during the period. 94.22% of the stock is currently owned by institutional investors.

Kilroy Realty Price Performance

KRC opened at $35.03 on Tuesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21. The stock has a market capitalization of $4.14 billion, a P/E ratio of 19.79 and a beta of 1.02. The company’s 50 day simple moving average is $35.73 and its 200-day simple moving average is $38.32. Kilroy Realty Co. has a one year low of $30.71 and a one year high of $43.78.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. Sell-side analysts anticipate that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be given a dividend of $0.54 per share. The ex-dividend date is Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a yield of 6.17%. Kilroy Realty’s payout ratio is presently 122.03%.

Analysts Set New Price Targets

KRC has been the subject of a number of recent research reports. Evercore ISI dropped their target price on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating for the company in a report on Wednesday, February 12th. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $45.00 to $49.00 in a research note on Friday, December 20th. The Goldman Sachs Group reduced their target price on shares of Kilroy Realty from $48.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Barclays upgraded shares of Kilroy Realty from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $42.00 to $44.00 in a research report on Thursday, February 27th. Finally, Mizuho reaffirmed a “neutral” rating and set a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Kilroy Realty has a consensus rating of “Hold” and a consensus price target of $40.09.

Insider Activity

In other Kilroy Realty news, CEO Angela M. Aman acquired 2,797 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the acquisition, the chief executive officer now directly owns 2,797 shares of the company’s stock, valued at approximately $99,153.65. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.49% of the company’s stock.

Kilroy Realty Company Profile

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.