Kilroy Realty Corporation (NYSE:KRC) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Kilroy Realty Corporation (NYSE:KRC - Free Report) by 885.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,973 shares of the real estate investment trust's stock after buying an additional 61,976 shares during the quarter. SG Americas Securities LLC owned approximately 0.06% of Kilroy Realty worth $2,260,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of KRC. Norges Bank purchased a new stake in Kilroy Realty in the fourth quarter valued at approximately $366,356,000. Principal Financial Group Inc. boosted its holdings in shares of Kilroy Realty by 4.7% in the 4th quarter. Principal Financial Group Inc. now owns 4,862,310 shares of the real estate investment trust's stock valued at $196,680,000 after purchasing an additional 218,163 shares during the last quarter. Resolution Capital Ltd grew its stake in shares of Kilroy Realty by 12.6% during the 4th quarter. Resolution Capital Ltd now owns 4,487,655 shares of the real estate investment trust's stock valued at $181,526,000 after buying an additional 500,635 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Kilroy Realty by 6.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,265,387 shares of the real estate investment trust's stock valued at $132,087,000 after buying an additional 193,291 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its holdings in shares of Kilroy Realty by 29.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,003,920 shares of the real estate investment trust's stock worth $121,509,000 after buying an additional 680,870 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on KRC. Royal Bank Of Canada dropped their price target on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research note on Monday, March 10th. KeyCorp cut their target price on shares of Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $36.00 price target (down from $42.00) on shares of Kilroy Realty in a research report on Friday, March 28th. JPMorgan Chase & Co. lowered their price target on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating for the company in a report on Wednesday, April 2nd. Finally, Wells Fargo & Company reduced their price objective on Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating on the stock in a research note on Monday, May 19th. One equities research analyst has 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 data from MarketBeat.com, Kilroy Realty has a consensus rating of "Hold" and an average price target of $39.10.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, EVP John Osmond sold 4,000 shares of Kilroy Realty 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider A. Robert Paratte sold 6,000 shares of the business's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $34.74, for a total value of $208,440.00. Following the transaction, the insider now owns 86,744 shares of the company's stock, valued at $3,013,486.56. This represents a 6.47% decrease in their position. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by insiders.

Kilroy Realty Stock Up 0.2%

KRC traded up $0.08 on Wednesday, reaching $35.09. The company's stock had a trading volume of 324,206 shares, compared to its average volume of 1,247,483. The business's 50 day moving average is $32.47 and its 200 day moving average is $35.19. Kilroy Realty Corporation has a 1 year low of $27.07 and a 1 year high of $43.78. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 20.86 and a beta of 1.18. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.07 and a quick ratio of 2.07.

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 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.01). The company had revenue of $270.84 million for the quarter, compared to the consensus estimate of $274.90 million. Kilroy Realty had a net margin of 17.74% and a return on equity of 3.57%. The company's 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. As a group, research analysts forecast that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, June 30th will be issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 6.15%. The ex-dividend date is Monday, June 30th. Kilroy Realty's dividend payout ratio is currently 128.57%.

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.