BNP Paribas Financial Markets Has $2.88 Million Stock Position in Kilroy Realty Co. (NYSE:KRC)

BNP Paribas Financial Markets decreased its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 36.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,154 shares of the real estate investment trust's stock after selling 40,108 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.06% of Kilroy Realty worth $2,878,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Summit Securities Group LLC bought a new position in Kilroy Realty during the 4th quarter worth approximately $49,000. Fifth Third Bancorp raised its position in shares of Kilroy Realty by 31.7% during the 4th quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust's stock valued at $102,000 after acquiring an additional 607 shares in the last quarter. FIL Ltd lifted its stake in Kilroy Realty by 52.4% during the fourth quarter. FIL Ltd now owns 3,442 shares of the real estate investment trust's stock worth $139,000 after purchasing an additional 1,184 shares during the last quarter. KBC Group NV boosted its holdings in Kilroy Realty by 54.2% in the fourth quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust's stock worth $195,000 after purchasing an additional 1,694 shares during the period. Finally, Venturi Wealth Management LLC increased its stake in Kilroy Realty by 67.4% during the fourth quarter. Venturi Wealth Management LLC now owns 4,875 shares of the real estate investment trust's stock valued at $197,000 after purchasing an additional 1,963 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Kilroy Realty Trading Up 0.4%

Shares of KRC traded up $0.12 during midday trading on Monday, hitting $32.97. The stock had a trading volume of 886,249 shares, compared to its average volume of 1,236,204. The business has a 50-day simple moving average of $32.09 and a two-hundred day simple moving average of $36.20. The firm has a market cap of $3.90 billion, a P/E ratio of 18.63 and a beta of 1.16. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82. Kilroy Realty Co. has a fifty-two week low of $27.07 and a fifty-two week high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its earnings results on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.01). Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. The company had revenue of $270.84 million during the quarter, compared to analysts' expectations of $274.90 million. During the same quarter in the previous year, the company earned $1.11 EPS. The firm's quarterly revenue was down 2.8% compared to the same quarter last year. As a group, equities analysts forecast that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 6.55%. The ex-dividend date of this dividend was Monday, March 31st. Kilroy Realty's payout ratio is presently 128.57%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group reissued a "neutral" rating and issued a $36.00 target price (down previously from $42.00) on shares of Kilroy Realty in a report on Friday, March 28th. Wells Fargo & Company lowered their price objective on Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating for the company in a research note on Monday. JPMorgan Chase & Co. dropped their price objective on shares of Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. Evercore ISI lowered their target price on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a research report on Wednesday, February 12th. Finally, Barclays raised Kilroy Realty from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $42.00 to $44.00 in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Kilroy Realty has an average rating of "Hold" and a consensus target price of $38.64.

Insider Transactions at Kilroy Realty

In other news, insider A. Robert Paratte sold 6,000 shares of the company's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $34.74, for a total transaction of $208,440.00. Following the transaction, the insider now directly owns 86,744 shares in the company, valued at approximately $3,013,486.56. This represents a 6.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John Osmond sold 4,000 shares of Kilroy Realty stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $35.16, for a total value of $140,640.00. Following the completion of the sale, the executive vice president now directly owns 12,528 shares of the company's stock, valued at $440,484.48. This trade represents a 24.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by corporate insiders.

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.