Mercer Global Advisors Inc. ADV Purchases 39,579 Shares of Kilroy Realty Co. (NYSE:KRC)

Mercer Global Advisors Inc. ADV increased its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 466.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,062 shares of the real estate investment trust's stock after acquiring an additional 39,579 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Kilroy Realty were worth $1,944,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new position in Kilroy Realty in the 3rd quarter valued at $34,000. Summit Securities Group LLC bought a new position in Kilroy Realty during the fourth quarter valued at about $49,000. GAMMA Investing LLC grew its position in Kilroy Realty by 25.4% during the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock valued at $75,000 after buying an additional 374 shares during the period. Fifth Third Bancorp increased its holdings in Kilroy Realty by 31.7% during the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust's stock worth $102,000 after buying an additional 607 shares during the last quarter. Finally, FIL Ltd raised its position in Kilroy Realty by 52.4% in the fourth quarter. FIL Ltd now owns 3,442 shares of the real estate investment trust's stock worth $139,000 after acquiring an additional 1,184 shares during the period. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Stock Up 0.0 %

KRC opened at $30.82 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21. Kilroy Realty Co. has a one year low of $27.07 and a one year high of $43.78. The firm has a market capitalization of $3.64 billion, a P/E ratio of 17.41 and a beta of 1.16. The company has a fifty day moving average price of $32.31 and a 200-day moving average price of $36.72.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.01). The business 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 18.58% and a return on equity of 3.75%. The business's revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.11 EPS. Equities research analysts expect that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were given a $0.54 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 7.01%. Kilroy Realty's dividend payout ratio (DPR) is presently 122.03%.

Insider Buying and Selling at Kilroy Realty

In other news, EVP John Osmond sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $35.16, for a total value of $140,640.00. Following the completion of the sale, the executive vice president now directly owns 12,528 shares in the company, valued at approximately $440,484.48. The trade was a 24.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider A. Robert Paratte sold 6,000 shares of Kilroy Realty stock in a transaction on Monday, March 24th. The stock was sold at an average price of $34.74, for a total transaction 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. The trade was a 6.47 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.57% of the company's stock.

Analyst Ratings Changes

KRC has been the subject of several research analyst reports. 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 note on Monday, March 10th. Jefferies Financial Group began coverage on Kilroy Realty in a research note on Monday, March 17th. They issued a "hold" rating and a $34.00 target price on the stock. Wells Fargo & Company downgraded Kilroy Realty from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $43.00 to $35.00 in a research note on Monday, March 10th. KeyCorp lowered 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. Finally, Evercore ISI cut their target price on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.

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