KBC Group NV Has $195,000 Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

KBC Group NV raised its stake in Kilroy Realty Co. (NYSE:KRC) by 54.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,819 shares of the real estate investment trust’s stock after buying an additional 1,694 shares during the quarter. KBC Group NV’s holdings in Kilroy Realty were worth $195,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in KRC. CWA Asset Management Group LLC bought a new stake in Kilroy Realty in the 3rd quarter valued at $476,000. Vestcor Inc lifted its holdings in shares of Kilroy Realty by 289.0% in the third quarter. Vestcor Inc now owns 34,313 shares of the real estate investment trust’s stock valued at $1,328,000 after purchasing an additional 25,492 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Kilroy Realty by 4,454.4% during the third quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust’s stock worth $518,000 after buying an additional 13,096 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Kilroy Realty by 1.3% during the third 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 in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Kilroy Realty by 25.4% during the fourth 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 in the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Trading Down 0.9 %

Kilroy Realty stock opened at $37.17 on Wednesday. The stock has a 50-day simple moving average of $39.68 and a 200 day simple moving average of $38.42. The stock has a market capitalization of $4.39 billion, a P/E ratio of 22.26 and a beta of 1.02. 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 $30.71 and a 52 week high of $43.78.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date of this dividend was Tuesday, December 31st. Kilroy Realty’s payout ratio is presently 129.34%.

Wall Street Analyst Weigh In

KRC has been the subject of a number of recent research reports. Mizuho reaffirmed a “neutral” rating and set a $43.00 price target (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. JPMorgan Chase & Co. raised shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and raised their target price for the company from $45.00 to $49.00 in a research report on Friday, December 20th. Scotiabank cut shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target on the stock. in a research report on Thursday, November 14th. Evercore ISI increased their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Finally, Barclays lowered their target price on Kilroy Realty from $43.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Monday. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and an average target price of $40.70.

Insider Activity at Kilroy Realty

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction on 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 $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.49% of the stock is owned by company insiders.

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.