Natixis Advisors LLC Has $1.70 Million Position in Kilroy Realty Co. (NYSE:KRC)

Natixis Advisors LLC decreased its position in shares of Kilroy Realty Co. (NYSE:KRC) by 4.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,034 shares of the real estate investment trust’s stock after selling 2,003 shares during the quarter. Natixis Advisors LLC’s holdings in Kilroy Realty were worth $1,700,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of KRC. State of Alaska Department of Revenue lifted its stake in shares of 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 valued at $2,768,000 after acquiring an additional 276 shares during the period. Choreo LLC raised its holdings in Kilroy Realty by 3.2% during the 4th quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust’s stock worth $358,000 after purchasing an additional 278 shares during the last quarter. M&T Bank Corp lifted its position in Kilroy Realty by 1.3% during the 4th quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 293 shares during the period. US Bancorp DE boosted its stake in shares of Kilroy Realty by 3.4% in the 4th quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust’s stock valued at $392,000 after purchasing an additional 317 shares during the last quarter. Finally, FMR LLC grew its position in shares of Kilroy Realty by 2.2% during the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust’s stock worth $588,000 after buying an additional 329 shares during the period. 94.22% of the stock is currently owned by institutional investors.

Kilroy Realty Stock Performance

Shares of KRC stock opened at $35.03 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. Kilroy Realty Co. has a 52 week low of $30.71 and a 52 week high of $43.78. The company’s 50 day moving average price is $35.73 and its two-hundred day moving average price is $38.32. The company has a market capitalization of $4.14 billion, a P/E ratio of 19.79 and a beta of 1.02.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data 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 net margin of 18.58% and a return on equity of 3.75%. On average, analysts expect that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders 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 annualized dividend and a dividend yield of 6.17%. Kilroy Realty’s dividend payout ratio is currently 122.03%.

Insider Buying and Selling

In other Kilroy Realty news, CEO Angela M. Aman bought 2,797 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average price of $35.45 per share, with a total value of $99,153.65. Following the completion of the transaction, the chief executive officer now owns 2,797 shares in the company, valued at approximately $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.49% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KRC has been the topic of a number of recent research reports. Mizuho reaffirmed a “neutral” rating and issued a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Jefferies Financial Group initiated coverage on Kilroy Realty in a research note on Monday, March 17th. They issued a “hold” rating and a $34.00 price target on the stock. Royal Bank of Canada decreased their price objective on Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a research note on Monday, March 10th. Wells Fargo & Company cut Kilroy Realty from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $43.00 to $35.00 in a report on Monday, March 10th. Finally, The Goldman Sachs Group lowered their price target 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. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kilroy Realty currently has a consensus rating of “Hold” and an average target price of $40.09.

About Kilroy Realty

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.