Dimensional Fund Advisors LP Sells 19,121 Shares of Kilroy Realty Co. (NYSE:KRC)

Dimensional Fund Advisors LP decreased its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,629,224 shares of the real estate investment trust's stock after selling 19,121 shares during the period. Dimensional Fund Advisors LP owned about 1.38% of Kilroy Realty worth $65,903,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Kilroy Realty during the 4th quarter worth approximately $366,356,000. Principal Financial Group Inc. raised its stake in Kilroy Realty by 4.7% during the fourth quarter. Principal Financial Group Inc. now owns 4,862,310 shares of the real estate investment trust's stock worth $196,680,000 after acquiring an additional 218,163 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Kilroy Realty by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,200,616 shares of the real estate investment trust's stock valued at $89,015,000 after acquiring an additional 28,899 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Kilroy Realty by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,066,597 shares of the real estate investment trust's stock valued at $83,616,000 after acquiring an additional 14,196 shares during the period. Finally, Prudential Financial Inc. boosted its stake in shares of Kilroy Realty by 12.9% in the 4th quarter. Prudential Financial Inc. now owns 1,645,915 shares of the real estate investment trust's stock valued at $63,862,000 after purchasing an additional 187,712 shares in the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.

Kilroy Realty Trading Down 1.9 %

Shares of KRC traded down $0.60 during trading hours on Monday, hitting $31.82. 1,077,529 shares of the stock traded hands, compared to its average volume of 1,224,379. The business has a fifty day moving average of $32.56 and a 200-day moving average of $36.89. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $3.76 billion, a PE ratio of 17.98 and a beta of 1.04. Kilroy Realty Co. has a 1-year low of $27.07 and a 1-year 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 net margin of 18.58% and a return on equity of 3.75%. Analysts expect that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date of this dividend was Monday, March 31st. Kilroy Realty's dividend payout ratio (DPR) is currently 122.03%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Wells Fargo & Company downgraded shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $43.00 to $35.00 in a report on Monday, March 10th. Evercore ISI cut their target price on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research note on Wednesday, February 12th. JPMorgan Chase & Co. decreased their price target on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 2nd. The Goldman Sachs Group reiterated a "neutral" rating and issued a $36.00 price objective (down previously from $42.00) on shares of Kilroy Realty in a research report on Friday, March 28th. Finally, Jefferies Financial Group began coverage on Kilroy Realty in a report on Monday, March 17th. They set a "hold" rating and a $34.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Kilroy Realty currently has a consensus rating of "Hold" and a consensus target price of $38.82.

Insider Transactions at Kilroy Realty

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

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.