Kilroy Realty Co. (NYSE:KRC) Position Increased by Nuveen Asset Management LLC

Nuveen Asset Management LLC increased its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 490,078 shares of the real estate investment trust's stock after buying an additional 19,586 shares during the quarter. Nuveen Asset Management LLC owned about 0.42% of Kilroy Realty worth $19,824,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. NorthRock Partners LLC purchased a new position in Kilroy Realty during the fourth quarter worth about $389,000. Millennium Management LLC raised its holdings in shares of Kilroy Realty by 84.7% in the 4th quarter. Millennium Management LLC now owns 952,421 shares of the real estate investment trust's stock worth $38,525,000 after purchasing an additional 436,866 shares during the period. Lazard Asset Management LLC raised its holdings in shares of Kilroy Realty by 62.8% in the 4th quarter. Lazard Asset Management LLC now owns 64,139 shares of the real estate investment trust's stock worth $2,593,000 after purchasing an additional 24,734 shares during the period. Lighthouse Investment Partners LLC purchased a new position in shares of Kilroy Realty in the 4th quarter worth about $1,320,000. Finally, Deutsche Bank AG raised its holdings in shares of Kilroy Realty by 1,226.2% in the 4th quarter. Deutsche Bank AG now owns 815,491 shares of the real estate investment trust's stock worth $32,987,000 after purchasing an additional 753,999 shares during the period. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on KRC. Barclays upgraded Kilroy Realty from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $42.00 to $44.00 in a report on Thursday, February 27th. JPMorgan Chase & Co. cut their price objective on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. The Goldman Sachs Group reiterated a "neutral" rating and set a $36.00 target price (down from $42.00) on shares of Kilroy Realty in a report on Friday, March 28th. Evercore ISI dropped their target price on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a report on Wednesday, February 12th. Finally, Royal Bank of Canada dropped their target price on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $38.64.

Insider Transactions at Kilroy Realty

In other news, insider A. Robert Paratte sold 6,000 shares of Kilroy Realty 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 completion of the transaction, the insider now owns 86,744 shares in the company, valued at approximately $3,013,486.56. This trade represents a 6.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Angela M. Aman purchased 2,797 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the acquisition, the chief executive officer now owns 2,797 shares in the company, valued at approximately $99,153.65. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 1.57% of the company's stock.

Kilroy Realty Stock Up 1.6%

NYSE KRC traded up $0.50 during mid-day trading on Thursday, reaching $32.89. 201,209 shares of the company's stock traded hands, compared to its average volume of 1,484,126. Kilroy Realty Co. has a 1-year low of $27.07 and a 1-year high of $43.78. The company has a fifty day simple moving average of $31.81 and a 200-day simple moving average of $35.80. 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 company has a market cap of $3.89 billion, a price-to-earnings ratio of 18.57 and a beta of 1.16.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its earnings results on Monday, May 5th. The real estate investment trust reported $1.02 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.01). The firm had revenue of $270.84 million during the quarter, compared to analyst estimates of $274.90 million. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. Kilroy Realty's revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.11 EPS. As a group, equities research analysts expect that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, June 30th will be given a $0.54 dividend. The ex-dividend date is Monday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 6.57%. Kilroy Realty's payout ratio is 128.57%.

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.