XTX Topco Ltd Purchases 11,837 Shares of Kilroy Realty Co. (NYSE:KRC)

XTX Topco Ltd boosted its position in Kilroy Realty Co. (NYSE:KRC) by 76.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 27,297 shares of the real estate investment trust’s stock after acquiring an additional 11,837 shares during the period. XTX Topco Ltd’s holdings in Kilroy Realty were worth $851,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in KRC. Centersquare Investment Management LLC grew its holdings in shares of Kilroy Realty by 1.0% during the first quarter. Centersquare Investment Management LLC now owns 2,598,144 shares of the real estate investment trust’s stock worth $87,817,000 after purchasing an additional 24,855 shares in the last quarter. Sei Investments Co. grew its position in Kilroy Realty by 139.4% during the first quarter. Sei Investments Co. now owns 693,552 shares of the real estate investment trust’s stock valued at $25,266,000 after acquiring an additional 403,807 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Kilroy Realty by 33.8% during the first quarter. Russell Investments Group Ltd. now owns 134,103 shares of the real estate investment trust’s stock worth $4,885,000 after acquiring an additional 33,857 shares in the last quarter. APG Asset Management US Inc. lifted its holdings in shares of Kilroy Realty by 5.0% in 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 during the last quarter. Finally, PGGM Investments grew 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 valued at $93,979,000 after purchasing an additional 1,385,692 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Down 2.0 %

Shares of NYSE KRC opened at $39.99 on Monday. The company has a market cap of $4.69 billion, a PE ratio of 22.98 and a beta of 1.04. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.61 and a current ratio of 3.61. The firm’s 50 day moving average price is $35.42 and its 200-day moving average price is $34.23. Kilroy Realty Co. has a 52-week low of $26.78 and a 52-week high of $43.37.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $276.81 million. During the same period in the previous year, the business posted $1.19 EPS. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities research analysts expect that Kilroy Realty Co. will post 4.25 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

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

Analyst Upgrades and Downgrades

KRC has been the subject of several recent research reports. KeyCorp lowered their price objective on Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Kilroy Realty from $40.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, May 30th. Scotiabank cut their target price on Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Evercore ISI increased their price objective on Kilroy Realty from $38.00 to $40.00 and gave the stock an “in-line” rating in a report on Monday, September 16th. Finally, Wells Fargo & Company reduced their target price on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 11th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $38.40.

Insider Buying and Selling at Kilroy Realty

In related news, CAO Merryl Elizabeth Werber sold 3,000 shares of the company’s stock in a transaction 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 completion of the sale, the chief accounting officer now owns 26,401 shares in the company, valued at $1,033,335.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Kilroy Realty news, CAO Merryl Elizabeth Werber sold 3,000 shares of the company’s stock in a transaction that occurred on 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 directly owns 26,401 shares of the company’s stock, valued at $1,033,335.14. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 transaction, the executive vice president now owns 8,818 shares in the company, valued at approximately $352,720. The disclosure for this sale can be found here. Company insiders own 2.49% of the company’s stock.

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.