CWA Asset Management Group LLC Purchases 2,737 Shares of Kilroy Realty Co. (NYSE:KRC)

CWA Asset Management Group LLC increased its holdings in shares of Kilroy Realty Co. (NYSE:KRC) by 22.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,038 shares of the real estate investment trust’s stock after buying an additional 2,737 shares during the quarter. CWA Asset Management Group LLC’s holdings in Kilroy Realty were worth $608,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. raised its position in shares of Kilroy Realty by 1.0% during the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust’s stock worth $1,037,000 after purchasing an additional 274 shares during the period. FMR LLC increased its stake in Kilroy Realty by 2.2% during the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust’s stock worth $588,000 after purchasing an additional 329 shares in the last quarter. Versant Capital Management Inc raised its holdings in Kilroy Realty by 14.8% during the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 336 shares during the period. Commerce Bank lifted its stake in Kilroy Realty by 3.0% in the third quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust’s stock valued at $448,000 after buying an additional 342 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Kilroy Realty by 33.6% in the third quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 371 shares during the period. 94.22% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Heidi Rena Roth sold 12,000 shares of the business’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 transaction, the insider now directly owns 50,211 shares of the company’s stock, valued at approximately $2,122,921.08. The trade was a 19.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on KRC. Mizuho restated a “neutral” rating and set a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a report on Tuesday. Scotiabank lowered Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target on the stock. in a report on Thursday, November 14th. Wells Fargo & Company decreased their price objective on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating for the company in a report on Wednesday, September 11th. Evercore ISI boosted their target price on Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Finally, Barclays upped their price target on Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, October 28th. One equities research 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.90.

Kilroy Realty Trading Down 2.5 %

NYSE KRC opened at $37.04 on Thursday. Kilroy Realty Co. has a 12 month low of $30.71 and a 12 month high of $43.78. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock has a 50 day moving average of $40.50 and a 200-day moving average of $37.71. The company has a market cap of $4.37 billion, a PE ratio of 22.18 and a beta of 1.02.

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

Kilroy Realty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were paid a $0.54 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.16 annualized dividend and a yield of 5.83%. Kilroy Realty’s dividend payout ratio is 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.