Kilroy Realty Co. (NYSE:KRC) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers grew its position in Kilroy Realty Co. (NYSE:KRC) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 325,772 shares of the real estate investment trust’s stock after acquiring an additional 4,948 shares during the period. Rhumbline Advisers owned about 0.28% of Kilroy Realty worth $13,177,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Kilroy Realty in the third quarter worth about $34,000. GAMMA Investing LLC raised its position in shares of Kilroy Realty by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock worth $75,000 after acquiring an additional 374 shares during the period. Fifth Third Bancorp raised its position in shares of Kilroy Realty by 31.7% in the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock worth $102,000 after acquiring an additional 607 shares during the period. Versant Capital Management Inc raised its position in shares of Kilroy Realty by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 336 shares during the period. Finally, Venturi Wealth Management LLC raised 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 acquiring an additional 1,549 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Stock Performance

Kilroy Realty stock opened at $32.71 on Friday. The firm has a 50 day simple moving average of $38.17 and a 200-day simple moving average of $38.40. Kilroy Realty Co. has a 1-year low of $30.71 and a 1-year high of $43.78. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 18.48 and a beta of 1.02.

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

Kilroy Realty Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 31st were paid a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 6.60%. Kilroy Realty’s dividend payout ratio (DPR) is 122.03%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Barclays reduced their price target on shares of 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. Royal Bank of Canada restated a “sector perform” rating and set a $44.00 price target on shares of Kilroy Realty in a research report on Monday, February 10th. Scotiabank downgraded shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target for the company. in a research report on Thursday, November 14th. The Goldman Sachs Group reduced their price target on shares of Kilroy Realty from $48.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday. Finally, JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $45.00 to $49.00 in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and a consensus price target of $41.27.

Insider Activity

In related news, insider Heidi Rena Roth sold 12,000 shares of the stock in a transaction that occurred 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 owns 50,211 shares of the company’s stock, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate 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.