Cwm LLC Grows Stock Position in Kilroy Realty Co. (NYSE:KRC)

Cwm LLC boosted its holdings in Kilroy Realty Co. (NYSE:KRC) by 25.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,802 shares of the real estate investment trust’s stock after buying an additional 766 shares during the period. Cwm LLC’s holdings in Kilroy Realty were worth $147,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its holdings in Kilroy Realty by 18.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,162,748 shares of the real estate investment trust’s stock valued at $115,220,000 after purchasing an additional 487,556 shares during the period. PGGM Investments increased its holdings in shares of 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 buying an additional 1,385,692 shares during the last quarter. Centersquare Investment Management LLC increased its holdings in shares of 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 buying an additional 24,855 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Kilroy Realty by 2.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,720,268 shares of the real estate investment trust’s stock worth $53,622,000 after buying an additional 42,811 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in Kilroy Realty by 2,767.7% in the first quarter. Janus Henderson Group PLC now owns 1,648,027 shares of the real estate investment trust’s stock valued at $59,991,000 after acquiring an additional 1,590,558 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on KRC shares. KeyCorp cut their price objective on Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating on the stock in a report on Tuesday, July 2nd. Evercore ISI raised their target price on shares of Kilroy Realty from $38.00 to $40.00 and gave the company an “in-line” rating in a research note on Monday, September 16th. Scotiabank cut their price objective on 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. Finally, Wells Fargo & Company decreased their target price 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. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Kilroy Realty has a consensus rating of “Hold” and a consensus price target of $38.43.

Insider Buying and Selling

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

Kilroy Realty Stock Performance

Shares of KRC stock opened at $41.68 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.61 and a quick ratio of 3.61. The company’s fifty day moving average price is $37.79 and its two-hundred day moving average price is $34.94. The firm has a market capitalization of $4.89 billion, a P/E ratio of 23.95 and a beta of 1.04. Kilroy Realty Co. has a 12 month low of $26.78 and a 12 month high of $43.78.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.67). Kilroy Realty had a return on equity of 3.52% and a net margin of 17.91%. The business had revenue of $280.73 million during the quarter, compared to analyst estimates of $276.81 million. During the same quarter last year, the firm posted $1.19 EPS. The company’s revenue was down 1.2% compared to the same quarter last year. On average, research analysts anticipate that Kilroy Realty Co. will post 4.26 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend was Monday, September 30th. Kilroy Realty’s payout ratio is currently 124.14%.

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.