Kilroy Realty Corporation (NYSE:KRC) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in Kilroy Realty Corporation (NYSE:KRC - Free Report) by 0.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,216,791 shares of the real estate investment trust's stock after buying 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 SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in KRC. Wells Fargo & Company MN grew its position in Kilroy Realty by 7.5% in the fourth quarter. Wells Fargo & Company MN now owns 83,461 shares of the real estate investment trust's stock worth $3,376,000 after buying an additional 5,845 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Kilroy Realty by 39.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 29,230 shares of the real estate investment trust's stock worth $1,182,000 after buying an additional 8,313 shares during the last quarter. Bank of Montreal Can grew its position in Kilroy Realty by 21.5% in the fourth quarter. Bank of Montreal Can now owns 19,408 shares of the real estate investment trust's stock worth $785,000 after buying an additional 3,436 shares during the last quarter. Invesco Ltd. grew its position in Kilroy Realty by 23.9% in the fourth quarter. Invesco Ltd. now owns 626,653 shares of the real estate investment trust's stock worth $25,348,000 after buying an additional 120,925 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Kilroy Realty by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 51,388 shares of the real estate investment trust's stock worth $2,079,000 after purchasing an additional 320 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Analyst Upgrades and Downgrades

KRC has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Kilroy Realty from $42.00 to $40.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 2nd. BMO Capital Markets cut shares of Kilroy Realty from a "market perform" rating to an "underperform" rating and set a $35.00 price objective on the stock. in a research report on Wednesday, July 16th. Wells Fargo & Company lowered their price objective on shares of 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 lowered their price objective on shares of 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. Finally, Mizuho lowered their price objective on shares of Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating on the stock in a research report on Monday, July 14th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $38.00.

Insider Transactions at Kilroy Realty

In related news, EVP Eliott Trencher sold 3,997 shares of the company's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $38.05, for a total value of $152,085.85. Following the completion of the sale, the executive vice president directly owned 43,826 shares in the company, 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 link. Corporate insiders own 1.57% of the company's stock.

Kilroy Realty Trading Up 2.3%

Shares of NYSE:KRC opened at $38.77 on Thursday. The stock has a market capitalization of $4.59 billion, a PE ratio of 21.07 and a beta of 1.22. Kilroy Realty Corporation has a 1 year low of $27.07 and a 1 year high of $43.78. The firm has a fifty day moving average price of $36.17 and a 200 day moving average price of $34.27. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.82.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.12. The firm had revenue of $289.89 million during the quarter, compared to analysts' expectations of $268.84 million. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. Kilroy Realty's revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Monday, June 30th were issued a $0.54 dividend. The ex-dividend date was Monday, June 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.6%. Kilroy Realty's dividend payout ratio is currently 117.39%.

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.

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