Boothbay Fund Management LLC Trims Stock Position in Kilroy Realty Co. (NYSE:KRC)

Boothbay Fund Management LLC cut its stake in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 25.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,552 shares of the real estate investment trust's stock after selling 35,175 shares during the quarter. Boothbay Fund Management LLC owned about 0.09% of Kilroy Realty worth $4,270,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Norges Bank purchased a new stake in Kilroy Realty during the fourth quarter valued at $366,356,000. Principal Financial Group Inc. increased its position in shares of Kilroy Realty by 4.7% during 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. Price T Rowe Associates Inc. MD lifted its stake in shares of Kilroy Realty by 6.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,265,387 shares of the real estate investment trust's stock worth $132,087,000 after purchasing an additional 193,291 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Kilroy Realty by 29.3% in the fourth 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. Finally, Charles Schwab Investment Management Inc. grew its position in Kilroy Realty by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,200,616 shares of the real estate investment trust's stock valued at $89,015,000 after buying an additional 28,899 shares during the period. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Stock Up 1.2 %

Shares of KRC traded up $0.39 during mid-day trading on Friday, hitting $32.35. 411,327 shares of the company traded hands, compared to its average volume of 1,222,982. The business has a 50 day moving average of $32.59 and a 200 day moving average of $37.01. The company has a market capitalization of $3.83 billion, a PE ratio of 18.25 and a beta of 1.04. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. Kilroy Realty Co. has a 1-year low of $27.07 and a 1-year high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. Equities research analysts anticipate that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st were given a $0.54 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.68%. Kilroy Realty's dividend payout ratio is presently 122.03%.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, CEO Angela M. Aman bought 2,797 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were purchased at an average price of $35.45 per share, for a total transaction of $99,153.65. Following the transaction, the chief executive officer now directly owns 2,797 shares of the company's stock, valued at approximately $99,153.65. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John Osmond sold 4,000 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total transaction of $140,640.00. Following the transaction, the executive vice president now owns 12,528 shares of the company's stock, valued at $440,484.48. This represents a 24.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.57% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on KRC shares. KeyCorp decreased their price objective on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. Evercore ISI reduced their price objective on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research note on Wednesday, February 12th. Barclays upgraded shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $42.00 to $44.00 in a research note on Thursday, February 27th. Royal Bank of Canada lowered their price objective on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research report on Monday, March 10th. Finally, Mizuho reissued a "neutral" rating and issued a $43.00 price target (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Kilroy Realty currently has a consensus rating of "Hold" and an average price target of $38.82.

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.