Kilroy Realty Co. (NYSE:KRC) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in shares of Kilroy Realty Co. (NYSE:KRC) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,554 shares of the real estate investment trust’s stock after selling 1,313 shares during the quarter. Yousif Capital Management LLC’s holdings in Kilroy Realty were worth $1,519,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. CWA Asset Management Group LLC acquired a new stake in shares of Kilroy Realty during the third quarter valued at approximately $476,000. Vestcor Inc increased its stake in Kilroy Realty by 289.0% in the 3rd quarter. Vestcor Inc now owns 34,313 shares of the real estate investment trust’s stock valued at $1,328,000 after buying an additional 25,492 shares during the period. International Assets Investment Management LLC increased its stake in Kilroy Realty by 4,454.4% in the 3rd quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust’s stock valued at $518,000 after buying an additional 13,096 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Kilroy Realty by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust’s stock valued at $84,045,000 after buying an additional 27,660 shares during the period. Finally, GAMMA Investing LLC increased its stake in Kilroy Realty by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock valued at $75,000 after buying an additional 374 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Mizuho restated a “neutral” rating and set a $43.00 price target (down previously from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Jefferies Financial Group lowered shares of Kilroy Realty from a “buy” rating to a “hold” rating and dropped their price target for the stock from $45.00 to $41.00 in a research note on Thursday, January 2nd. Evercore ISI dropped their price target on shares of Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a research note on Wednesday. Finally, Barclays dropped their price target on shares of Kilroy Realty from $43.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $41.20.

Kilroy Realty Price Performance

NYSE KRC opened at $35.03 on Thursday. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The company has a fifty day simple moving average of $39.21 and a 200 day simple moving average of $38.46. The company has a market cap of $4.14 billion, a P/E ratio of 20.98 and a beta of 1.02. Kilroy Realty Co. has a 1 year low of $30.71 and a 1 year high of $43.78.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. On average, sell-side analysts predict that Kilroy Realty Co. will post 4.41 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date of this dividend was Tuesday, December 31st. Kilroy Realty’s dividend payout ratio (DPR) is presently 129.34%.

Insider Buying and Selling at Kilroy Realty

In other news, insider Heidi Rena Roth sold 12,000 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the transaction, the insider now directly owns 50,211 shares of the company’s stock, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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.