HF Advisory Group LLC Has $1.59 Million Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

HF Advisory Group LLC lifted its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 24.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,505 shares of the real estate investment trust's stock after purchasing an additional 9,462 shares during the period. HF Advisory Group LLC's holdings in Kilroy Realty were worth $1,589,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in KRC. KBC Group NV increased its stake in shares of 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. abrdn plc increased its stake in shares of Kilroy Realty by 1,592.3% in the fourth quarter. abrdn plc now owns 400,404 shares of the real estate investment trust's stock worth $16,216,000 after purchasing an additional 376,743 shares during the period. Retirement Systems of Alabama increased its stake in shares of Kilroy Realty by 0.3% in the fourth quarter. Retirement Systems of Alabama now owns 308,937 shares of the real estate investment trust's stock worth $12,497,000 after purchasing an additional 845 shares during the period. Choreo LLC increased its stake in shares of Kilroy Realty by 3.2% in the fourth quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust's stock worth $358,000 after purchasing an additional 278 shares during the period. Finally, Vanderbilt University bought a new position in shares of Kilroy Realty in the fourth quarter worth about $229,000. 94.22% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. KeyCorp dropped their price objective on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. Jefferies Financial Group started coverage on Kilroy Realty in a research note on Monday, March 17th. They issued a "hold" rating and a $34.00 price objective on the stock. Barclays upgraded Kilroy Realty from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $42.00 to $44.00 in a research note on Thursday, February 27th. Royal Bank of Canada lowered their price target on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Monday, March 10th. Finally, JPMorgan Chase & Co. lowered their price target on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. 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 company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $39.10.

Kilroy Realty Stock Performance

KRC traded up $0.83 on Friday, hitting $34.98. 1,893,754 shares of the stock traded hands, compared to its average volume of 1,248,062. Kilroy Realty Co. has a 52 week low of $27.07 and a 52 week high of $43.78. 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 $4.14 billion, a PE ratio of 19.76 and a beta of 1.18. The business has a fifty day moving average price of $31.72 and a two-hundred day moving average price of $35.49.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.01). Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. The company had revenue of $270.84 million during the quarter, compared to the consensus estimate of $274.90 million. During the same quarter in the prior year, the company posted $1.11 earnings per share. The company's revenue for the quarter was down 2.8% on a year-over-year basis. On average, research analysts predict that Kilroy Realty Co. will post 4 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, June 30th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 6.18%. Kilroy Realty's dividend payout ratio is currently 128.57%.

Insider Activity

In other news, insider A. Robert Paratte sold 6,000 shares of the business's stock in a transaction that occurred on 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 directly owns 86,744 shares of the company's stock, valued at $3,013,486.56. The trade was a 6.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John Osmond sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total value of $140,640.00. Following the completion of the transaction, the executive vice president now directly owns 12,528 shares in the company, valued at $440,484.48. The trade was a 24.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.57% of the company's stock.

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.