CWA Asset Management Group LLC Buys 8,297 Shares of Kilroy Realty Corporation (NYSE:KRC)

CWA Asset Management Group LLC lifted its holdings in shares of Kilroy Realty Corporation (NYSE:KRC - Free Report) by 55.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,335 shares of the real estate investment trust's stock after buying an additional 8,297 shares during the period. CWA Asset Management Group LLC's holdings in Kilroy Realty were worth $764,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of KRC. Summit Securities Group LLC acquired a new position in Kilroy Realty during the 4th quarter worth approximately $49,000. GF Fund Management CO. LTD. bought a new stake in shares of Kilroy Realty during the fourth quarter worth $82,000. FIL Ltd increased its holdings in shares of 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 buying an additional 1,184 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Kilroy Realty by 70.4% in the 1st quarter. Fifth Third Bancorp now owns 4,298 shares of the real estate investment trust's stock valued at $141,000 after acquiring an additional 1,775 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in shares of Kilroy Realty by 67.4% in the 4th quarter. Venturi Wealth Management LLC now owns 4,875 shares of the real estate investment trust's stock valued at $197,000 after acquiring an additional 1,963 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group started coverage on Kilroy Realty in a research report on Monday, March 17th. They set 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 stock from $42.00 to $44.00 in a report on Thursday, February 27th. Wells Fargo & Company dropped their price objective on shares of Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating for the company in a report on Monday, May 19th. JPMorgan Chase & Co. cut their target price on shares of Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 2nd. Finally, Royal Bank Of Canada decreased their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, six have assigned 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 an average price target of $39.10.

Kilroy Realty Trading Down 0.7%

NYSE:KRC traded down $0.25 on Tuesday, reaching $34.75. 1,091,186 shares of the stock traded hands, compared to its average volume of 1,250,905. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.82. Kilroy Realty Corporation has a 1-year low of $27.07 and a 1-year high of $43.78. The company's 50 day moving average is $32.85 and its 200-day moving average is $35.00. The firm has a market capitalization of $4.11 billion, a price-to-earnings ratio of 20.68 and a beta of 1.18.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted 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). The firm had revenue of $270.84 million for the quarter, compared to analyst estimates of $274.90 million. Kilroy Realty had a return on equity of 3.57% and a net margin of 17.74%. The company's quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.11 earnings per share. Equities research analysts anticipate that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, June 30th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 6.22%. Kilroy Realty's payout ratio is 128.57%.

About Kilroy Realty

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.