Whittier Trust Co. Purchases 1,384 Shares of Kilroy Realty Co. (NYSE:KRC)

Whittier Trust Co. grew its position in Kilroy Realty Co. (NYSE:KRC) by 18.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,725 shares of the real estate investment trust’s stock after buying an additional 1,384 shares during the period. Whittier Trust Co.’s holdings in Kilroy Realty were worth $272,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Neo Ivy Capital Management purchased a new stake in Kilroy Realty in the second quarter valued at about $2,653,000. Nisa Investment Advisors LLC increased its holdings in shares of Kilroy Realty by 5.0% during the second quarter. Nisa Investment Advisors LLC now owns 118,058 shares of the real estate investment trust’s stock valued at $3,744,000 after acquiring an additional 5,647 shares in the last quarter. Blue Trust Inc. raised its position in shares of Kilroy Realty by 1,322.9% in the 2nd quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,270 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Kilroy Realty in the 2nd quarter worth approximately $321,000. Finally, Swedbank AB grew its position in Kilroy Realty by 4.0% during the 2nd quarter. Swedbank AB now owns 165,850 shares of the real estate investment trust’s stock worth $5,170,000 after purchasing an additional 6,337 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased 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 reduced their target price on Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. Finally, KeyCorp lowered their price target 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. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $38.40.

Kilroy Realty Stock Up 0.5 %

Kilroy Realty stock opened at $36.29 on Friday. The business’s 50-day moving average price is $33.99 and its 200 day moving average price is $34.19. The company has a quick ratio of 3.30, a current ratio of 3.61 and a debt-to-equity ratio of 0.91. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of 20.86 and a beta of 1.04. Kilroy Realty Co. has a 52 week low of $26.78 and a 52 week high of $43.37.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data 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 firm had revenue of $280.73 million for the quarter, compared to analyst estimates of $276.81 million. During the same period in the previous year, the business earned $1.19 EPS. Kilroy Realty’s revenue for the quarter was down 1.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Kilroy Realty Co. will post 4.24 earnings per share for the current year.

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.