Kilroy Realty Co. (NYSE:KRC) Position Boosted by Pathstone Holdings LLC

Pathstone Holdings LLC boosted its position in Kilroy Realty Co. (NYSE:KRC) by 3.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 41,149 shares of the real estate investment trust’s stock after buying an additional 1,186 shares during the period. Pathstone Holdings LLC’s holdings in Kilroy Realty were worth $1,604,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tidal Investments LLC raised its holdings in shares of Kilroy Realty by 53.5% during the first quarter. Tidal Investments LLC now owns 10,808 shares of the real estate investment trust’s stock worth $392,000 after purchasing an additional 3,767 shares during the period. Walleye Trading LLC acquired a new position in shares of Kilroy Realty in the 1st quarter valued at about $264,000. Swedbank AB bought a new stake in shares of Kilroy Realty in the 1st quarter worth approximately $5,811,000. DekaBank Deutsche Girozentrale boosted its position in Kilroy Realty by 13.2% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 49,420 shares of the real estate investment trust’s stock valued at $1,751,000 after purchasing an additional 5,749 shares during the period. Finally, Lasalle Investment Management Securities LLC grew its stake in Kilroy Realty by 17.3% during the 1st quarter. Lasalle Investment Management Securities LLC now owns 860,214 shares of the real estate investment trust’s stock worth $31,338,000 after buying an additional 127,036 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Insider Transactions 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 stock was 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 approximately $2,122,921.08. This trade represents a 19.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John Osmond sold 2,628 shares of the firm’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total transaction of $105,120.00. Following the completion of the sale, the executive vice president now owns 8,818 shares of the company’s stock, valued at $352,720. The trade was a 22.96 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,628 shares of company stock worth $729,900. 2.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

KRC has been the topic of a number of analyst reports. Wells Fargo & Company dropped their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, September 11th. Evercore ISI increased their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Scotiabank downgraded 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. Finally, Barclays boosted their price objective on Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $39.43.

Kilroy Realty Stock Performance

Shares of KRC opened at $42.05 on Thursday. Kilroy Realty Co. has a one year low of $29.88 and a one year high of $43.78. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 25.18 and a beta of 1.03. The company has a 50-day moving average of $40.00 and a two-hundred day moving average of $36.07.

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

Kilroy Realty Dividend Announcement

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

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.