Senvest Management LLC lifted its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 21.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,595,212 shares of the real estate investment trust's stock after purchasing an additional 634,136 shares during the period. Kilroy Realty comprises about 5.5% of Senvest Management LLC's investment portfolio, making the stock its 4th biggest position. Senvest Management LLC owned 3.07% of Kilroy Realty worth $143,233,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in KRC. Cbre Investment Management Listed Real Assets LLC increased its stake in shares of Kilroy Realty by 27.9% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,169,311 shares of the real estate investment trust's stock worth $46,585,000 after acquiring an additional 254,781 shares in the last quarter. Evoke Wealth LLC bought a new position in shares of Kilroy Realty in the 4th quarter worth about $1,865,000. Treasurer of the State of North Carolina increased its stake in shares of Kilroy Realty by 4.2% in the 4th quarter. Treasurer of the State of North Carolina now owns 53,376 shares of the real estate investment trust's stock worth $2,127,000 after acquiring an additional 2,152 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Kilroy Realty by 6.4% in the 4th quarter. Parallel Advisors LLC now owns 4,932 shares of the real estate investment trust's stock worth $196,000 after acquiring an additional 295 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in shares of Kilroy Realty by 25.1% in the 4th quarter. Hsbc Holdings PLC now owns 74,781 shares of the real estate investment trust's stock worth $2,983,000 after acquiring an additional 14,993 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company's stock.
Kilroy Realty Stock Performance
Shares of KRC traded up $0.04 on Friday, reaching $34.14. The company's stock had a trading volume of 798,971 shares, compared to its average volume of 962,691. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.65 and a quick ratio of 2.65. The stock has a market capitalization of $4.01 billion, a P/E ratio of 18.97, a PEG ratio of 2.53 and a beta of 1.02. The stock's 50 day simple moving average is $35.69 and its two-hundred day simple moving average is $34.85. Kilroy Realty Co. has a 12-month low of $25.99 and a 12-month high of $43.37.
Kilroy Realty Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Friday, March 29th will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date is Wednesday, March 27th. Kilroy Realty's payout ratio is 120.00%.
Analyst Upgrades and Downgrades
KRC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Kilroy Realty in a research note on Tuesday, January 30th. They set a "hold" rating and a $40.00 price objective for the company. Royal Bank of Canada lowered shares of Kilroy Realty from an "outperform" rating to a "sector perform" rating and reduced their price objective for the company from $44.00 to $39.00 in a research note on Friday, March 8th. KeyCorp reduced their price objective on shares of Kilroy Realty from $47.00 to $45.00 and set an "overweight" rating for the company in a research note on Wednesday, February 28th. Wolfe Research lowered shares of Kilroy Realty from an "outperform" rating to a "peer perform" rating in a research note on Friday, December 15th. Finally, Barclays initiated coverage on shares of Kilroy Realty in a research note on Wednesday, March 27th. They set an "equal weight" rating and a $38.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $39.00.
Check Out Our Latest Report on KRC
Kilroy Realty Company Profile
(
Free Report)
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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