9,626 Shares in Kilroy Realty Co. (NYSE:KRC) Bought by NorthRock Partners LLC

NorthRock Partners LLC bought a new stake in Kilroy Realty Co. (NYSE:KRC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,626 shares of the real estate investment trust's stock, valued at approximately $389,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pictet Asset Management Holding SA lifted its position in shares of Kilroy Realty by 4.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 38,520 shares of the real estate investment trust's stock valued at $1,558,000 after acquiring an additional 1,747 shares in the last quarter. US Bancorp DE increased its holdings in shares of Kilroy Realty by 3.4% in the fourth quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust's stock valued at $392,000 after purchasing an additional 317 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in Kilroy Realty by 0.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 155,210 shares of the real estate investment trust's stock worth $6,376,000 after buying an additional 956 shares in the last quarter. HF Advisory Group LLC lifted its position in Kilroy Realty by 39.2% during the fourth quarter. HF Advisory Group LLC now owns 39,043 shares of the real estate investment trust's stock worth $1,579,000 after buying an additional 10,985 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Kilroy Realty by 29.3% during the fourth quarter. Blue Trust Inc. now owns 5,350 shares of the real estate investment trust's stock worth $207,000 after buying an additional 1,212 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company's stock.

Insider Activity

In other news, CEO Angela M. Aman acquired 2,797 shares of the company's stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of $35.45 per share, with a total value of $99,153.65. Following the completion of the purchase, the chief executive officer now owns 2,797 shares of the company's stock, valued at $99,153.65. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, insider A. Robert Paratte sold 6,000 shares of Kilroy Realty stock in a transaction 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 completion of the sale, the insider now directly owns 86,744 shares of the company's stock, valued at $3,013,486.56. The trade was a 6.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.57% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on KRC shares. Royal Bank of Canada reduced 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. Evercore ISI reduced their price objective on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a research report on Wednesday, February 12th. 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 report on Monday. Jefferies Financial Group assumed 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. Finally, Barclays raised Kilroy Realty from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $42.00 to $44.00 in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $38.64.

Kilroy Realty Trading Down 0.5%

Shares of NYSE KRC traded down $0.18 during trading on Tuesday, reaching $32.79. The stock had a trading volume of 937,482 shares, compared to its average volume of 1,235,014. Kilroy Realty Co. has a fifty-two week low of $27.07 and a fifty-two week high of $43.78. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. The business's 50-day moving average price is $32.09 and its 200-day moving average price is $36.15. The company has a market cap of $3.88 billion, a P/E ratio of 18.53 and a beta of 1.16.

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

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, June 30th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.59%. Kilroy Realty's payout ratio is presently 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.