Kilroy Realty Co. (NYSE:KRC) Shares Purchased by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership increased its stake in shares of Kilroy Realty Co. (NYSE:KRC) by 8.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,584 shares of the real estate investment trust’s stock after acquiring an additional 5,948 shares during the quarter. Kilroy Realty comprises approximately 1.0% of Foresight Group Ltd Liability Partnership’s portfolio, making the stock its 16th largest holding. Foresight Group Ltd Liability Partnership owned about 0.07% of Kilroy Realty worth $2,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Kilroy Realty by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 16,997,240 shares of the real estate investment trust’s stock worth $677,170,000 after acquiring an additional 91,022 shares in the last quarter. APG Asset Management US Inc. raised its stake in Kilroy Realty by 5.0% during the 4th quarter. APG Asset Management US Inc. now owns 5,380,747 shares of the real estate investment trust’s stock worth $214,369,000 after acquiring an additional 255,835 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Kilroy Realty by 18.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,162,748 shares of the real estate investment trust’s stock worth $115,220,000 after acquiring an additional 487,556 shares in the last quarter. PGGM Investments raised its stake in Kilroy Realty by 85.0% during the 2nd quarter. PGGM Investments now owns 3,015,046 shares of the real estate investment trust’s stock worth $93,979,000 after acquiring an additional 1,385,692 shares in the last quarter. Finally, Centersquare Investment Management LLC raised its stake in Kilroy Realty by 1.0% during the 1st quarter. Centersquare Investment Management LLC now owns 2,598,144 shares of the real estate investment trust’s stock worth $87,817,000 after acquiring an additional 24,855 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Kilroy Realty

In related news, EVP John Osmond sold 2,628 shares of the firm’s 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 completion of the sale, the executive vice president now owns 8,818 shares in the company, valued at $352,720. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP John Osmond sold 2,628 shares of the firm’s 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 completion of the sale, the executive vice president now owns 8,818 shares in the company, valued at $352,720. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total transaction of $117,420.00. Following the completion of the sale, the chief accounting officer now owns 26,401 shares of the company’s stock, valued at approximately $1,033,335.14. The disclosure for this sale can be found here. Company insiders own 2.49% of the company’s stock.

Kilroy Realty Stock Up 4.0 %

Shares of NYSE:KRC opened at $39.99 on Thursday. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 22.98 and a beta of 1.04. The firm’s 50-day simple moving average is $35.20 and its 200-day simple moving average is $34.20. The company has a quick ratio of 3.61, a current ratio of 3.61 and a debt-to-equity ratio of 0.91. Kilroy Realty Co. has a fifty-two week low of $26.78 and a fifty-two week high of $43.37.

Kilroy Realty (NYSE:KRC) last issued its earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.67). The firm had revenue of $280.73 million during the quarter, compared to analysts’ expectations of $276.81 million. Kilroy Realty had a net margin of 17.91% and a return on equity of 3.52%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.19 EPS. As a group, equities research analysts predict that Kilroy Realty Co. will post 4.25 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Investors of record on Monday, September 30th will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.40%. The ex-dividend date is Monday, September 30th. Kilroy Realty’s dividend payout ratio (DPR) is 124.14%.

Analyst Ratings Changes

KRC has been the topic of several research reports. Evercore ISI raised their price objective on shares of Kilroy Realty from $38.00 to $40.00 and gave the stock an “in-line” rating in a research report on Monday. Wells Fargo & Company lowered their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 11th. Scotiabank lowered their price objective on shares of Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Kilroy Realty from $40.00 to $34.00 and set a “hold” rating on the stock in a research report on Thursday, May 30th. Finally, KeyCorp lowered their price objective on shares of Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 2nd. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $38.40.

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.