Asset Management One Co. Ltd. Buys 956 Shares of Kilroy Realty Co. (NYSE:KRC)

Asset Management One Co. Ltd. increased its holdings in shares of Kilroy Realty Co. (NYSE:KRC) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,210 shares of the real estate investment trust’s stock after acquiring an additional 956 shares during the quarter. Asset Management One Co. Ltd. owned about 0.13% of Kilroy Realty worth $6,376,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. CWA Asset Management Group LLC acquired a new position in shares of Kilroy Realty during the 3rd quarter worth approximately $476,000. Vestcor Inc grew its holdings in Kilroy Realty by 289.0% in the 3rd quarter. Vestcor Inc now owns 34,313 shares of the real estate investment trust’s stock valued at $1,328,000 after buying an additional 25,492 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Kilroy Realty by 4,454.4% in the 3rd quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust’s stock valued at $518,000 after buying an additional 13,096 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Kilroy Realty by 1.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust’s stock valued at $84,045,000 after buying an additional 27,660 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Kilroy Realty by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock valued at $75,000 after buying an additional 374 shares in the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Heidi Rena Roth sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the sale, the insider now owns 50,211 shares of the company’s stock, valued at $2,122,921.08. This trade represents a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.49% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Barclays cut their target price on Kilroy Realty from $43.00 to $42.00 and set an “equal weight” rating for the company in a research report on Monday, February 3rd. Mizuho restated a “neutral” rating and set a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $45.00 to $49.00 in a research report on Friday, December 20th. Evercore ISI dropped their price objective on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating for the company in a research report on Wednesday, February 12th. Finally, Scotiabank downgraded Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price objective for the company. in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $41.20.

Kilroy Realty Price Performance

Kilroy Realty stock opened at $34.67 on Wednesday. The company has a market capitalization of $4.09 billion, a PE ratio of 20.76 and a beta of 1.02. The stock has a 50-day moving average price of $38.76 and a two-hundred day moving average price of $38.43. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. Kilroy Realty Co. has a 12 month low of $30.71 and a 12 month high of $43.78.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. Analysts expect that Kilroy Realty Co. will post 4.41 EPS for the current year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were paid a dividend of $0.54 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.16 annualized dividend and a yield of 6.23%. Kilroy Realty’s dividend payout ratio is currently 122.03%.

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.