Jones Financial Companies Lllp Purchases 3,169 Shares of Kilroy Realty Co. (NYSE:KRC)

Jones Financial Companies Lllp grew its position in Kilroy Realty Co. (NYSE:KRC) by 44.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,227 shares of the real estate investment trust’s stock after acquiring an additional 3,169 shares during the quarter. Jones Financial Companies Lllp’s holdings in Kilroy Realty were worth $414,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. CWA Asset Management Group LLC bought a new stake in shares of Kilroy Realty in the 3rd quarter worth approximately $476,000. Vestcor Inc lifted its position in shares of Kilroy Realty by 289.0% during the 3rd quarter. Vestcor Inc now owns 34,313 shares of the real estate investment trust’s stock worth $1,328,000 after buying an additional 25,492 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Kilroy Realty by 1.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust’s stock worth $84,045,000 after buying an additional 27,660 shares during the period. GAMMA Investing LLC lifted its position in shares of Kilroy Realty by 25.4% during the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock worth $75,000 after buying an additional 374 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Kilroy Realty by 428.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust’s stock worth $32,933,000 after buying an additional 689,962 shares during the period. Institutional investors own 94.22% of the company’s stock.

Analyst Upgrades and Downgrades

KRC has been the subject of several analyst reports. Barclays upgraded Kilroy Realty from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $42.00 to $44.00 in a research report on Thursday, February 27th. Jefferies Financial Group cut Kilroy Realty from a “buy” rating to a “hold” rating and dropped their price target for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. The Goldman Sachs Group lowered their target price on Kilroy Realty from $48.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Wells Fargo & Company cut Kilroy Realty from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $43.00 to $35.00 in a research note on Monday. Finally, Mizuho reiterated a “neutral” rating and set a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Kilroy Realty has a consensus rating of “Hold” and a consensus target price of $40.73.

Insiders Place Their Bets

In other news, CEO Angela M. Aman purchased 2,797 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the purchase, the chief executive officer now owns 2,797 shares of the company’s stock, valued at approximately $99,153.65. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.49% of the company’s stock.

Kilroy Realty Price Performance

Shares of NYSE KRC opened at $32.49 on Wednesday. The business’s 50 day moving average price is $36.52 and its two-hundred day moving average price is $38.44. The company has a market cap of $3.84 billion, a PE ratio of 18.35 and a beta of 1.02. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. Kilroy Realty Co. has a twelve month low of $30.71 and a twelve month high of $43.78.

Kilroy Realty (NYSE:KRC) last posted 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%. On average, analysts predict that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 6.65%. The ex-dividend date is Monday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is currently 122.03%.

Kilroy Realty 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.