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

Natixis Advisors LLC lessened its position in shares of Kilroy Realty Co. (NYSE:KRC) by 27.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,037 shares of the real estate investment trust’s stock after selling 16,469 shares during the period. Natixis Advisors LLC’s holdings in Kilroy Realty were worth $1,704,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Metis Global Partners LLC grew its holdings in shares of Kilroy Realty by 29.7% during the third quarter. Metis Global Partners LLC now owns 10,878 shares of the real estate investment trust’s stock worth $421,000 after buying an additional 2,494 shares in the last quarter. Victory Capital Management Inc. boosted its position in Kilroy Realty by 585.2% during the 3rd quarter. Victory Capital Management Inc. now owns 830,311 shares of the real estate investment trust’s stock worth $32,133,000 after acquiring an additional 709,126 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of Kilroy Realty by 137.5% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 79,526 shares of the real estate investment trust’s stock worth $3,078,000 after acquiring an additional 46,035 shares in the last quarter. Versor Investments LP raised its holdings in shares of Kilroy Realty by 131.0% in the third quarter. Versor Investments LP now owns 17,812 shares of the real estate investment trust’s stock valued at $689,000 after purchasing an additional 10,100 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Kilroy Realty by 113.6% in the third quarter. Venturi Wealth Management LLC now owns 2,912 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 1,549 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Trading Up 3.4 %

Kilroy Realty stock opened at $42.04 on Tuesday. The stock has a 50-day simple moving average of $39.80 and a 200 day simple moving average of $35.91. The stock has a market capitalization of $4.96 billion, a P/E ratio of 24.55 and a beta of 1.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08. Kilroy Realty Co. has a 52 week low of $29.72 and a 52 week high of $43.78.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). The business had revenue of $289.94 million during the quarter, compared to analyst estimates of $275.77 million. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 earnings per share. Analysts expect that Kilroy Realty Co. will post 4.41 earnings per share for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were given a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.14%. The ex-dividend date was Monday, September 30th. Kilroy Realty’s payout ratio is presently 129.34%.

Insider Transactions at Kilroy Realty

In other 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 value of $117,420.00. Following the transaction, the chief accounting officer now owns 26,401 shares of the company’s stock, valued at approximately $1,033,335.14. This represents a 10.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John Osmond sold 2,628 shares of the stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $40.00, for a total value of $105,120.00. Following the transaction, the executive vice president now owns 8,818 shares in the company, valued at approximately $352,720. This trade represents a 22.96 % decrease in their position. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Scotiabank downgraded shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price for the company. in a research report on Thursday, November 14th. Evercore ISI raised their price objective on Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Barclays upped their target price on Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Finally, Wells Fargo & Company reduced their price target 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. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $39.43.

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.