Kilroy Realty Corporation $KRC Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Kilroy Realty Corporation (NYSE:KRC - Free Report) by 0.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,216,791 shares of the real estate investment trust's stock after acquiring an additional 16,175 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.87% of Kilroy Realty worth $72,622,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in KRC. Allworth Financial LP grew its stake in shares of Kilroy Realty by 192.1% during the first quarter. Allworth Financial LP now owns 964 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 634 shares during the last quarter. GF Fund Management CO. LTD. bought a new position in Kilroy Realty during the 4th quarter worth approximately $82,000. PNC Financial Services Group Inc. grew its position in Kilroy Realty by 22.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,346 shares of the real estate investment trust's stock worth $110,000 after acquiring an additional 614 shares during the last quarter. Meeder Asset Management Inc. grew its position in Kilroy Realty by 3,410.7% during the 1st quarter. Meeder Asset Management Inc. now owns 3,932 shares of the real estate investment trust's stock worth $129,000 after acquiring an additional 3,820 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in Kilroy Realty by 70.4% during the 1st quarter. Fifth Third Bancorp now owns 4,298 shares of the real estate investment trust's stock worth $141,000 after acquiring an additional 1,775 shares during the last quarter. Institutional investors own 94.22% of the company's stock.

Analyst Upgrades and Downgrades

KRC has been the topic of several recent research reports. Wells Fargo & Company reduced their price target on Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating on the stock in a research report on Monday, May 19th. Scotiabank reduced their price target on Kilroy Realty from $38.00 to $37.00 and set a "sector underperform" rating on the stock in a research report on Monday, July 14th. BMO Capital Markets cut Kilroy Realty from a "market perform" rating to an "underperform" rating and set a $35.00 target price on the stock. in a research note on Wednesday, July 16th. Mizuho cut their target price on Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating on the stock in a research note on Monday, July 14th. Finally, Zacks Research raised Kilroy Realty to a "hold" rating in a research note on Friday, August 8th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Kilroy Realty currently has an average rating of "Hold" and a consensus target price of $37.91.

Kilroy Realty Trading Down 0.8%

Shares of NYSE KRC traded down $0.30 during trading hours on Monday, reaching $38.42. The stock had a trading volume of 220,188 shares, compared to its average volume of 1,505,991. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.82. The firm has a market cap of $4.54 billion, a price-to-earnings ratio of 20.87 and a beta of 1.22. The business's fifty day moving average price is $36.33 and its two-hundred day moving average price is $34.21. Kilroy Realty Corporation has a 52-week low of $27.07 and a 52-week high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.12. The firm had revenue of $289.89 million during the quarter, compared to analyst estimates of $268.84 million. Kilroy Realty had a return on equity of 3.92% and a net margin of 19.29%. Kilroy Realty's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.10 earnings per share. Analysts expect that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Monday, June 30th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, June 30th. Kilroy Realty's dividend payout ratio (DPR) is 117.39%.

Insider Buying and Selling at Kilroy Realty

In other news, EVP Eliott Trencher sold 3,997 shares of the company's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $38.05, for a total transaction of $152,085.85. Following the transaction, the executive vice president directly owned 43,826 shares of the company's stock, valued at approximately $1,667,579.30. This represents a 8.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Merryl Elizabeth Werber sold 6,250 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total value of $239,250.00. Following the transaction, the chief accounting officer directly owned 26,435 shares in the company, valued at approximately $1,011,931.80. The trade was a 19.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by company 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.