Venture Visionary Partners LLC Takes $1.56 Million Position in Kilroy Realty Co. (NYSE:KRC)

Venture Visionary Partners LLC purchased a new position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 39,060 shares of the real estate investment trust's stock, valued at approximately $1,556,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC grew its holdings in Kilroy Realty by 458.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,006 shares of the real estate investment trust's stock valued at $40,000 after purchasing an additional 826 shares during the period. Captrust Financial Advisors purchased a new stake in Kilroy Realty in the second quarter valued at approximately $59,000. First Manhattan Co. purchased a new stake in Kilroy Realty in the first quarter valued at approximately $105,000. Lazard Asset Management LLC purchased a new stake in Kilroy Realty in the fourth quarter valued at approximately $53,000. Finally, Covestor Ltd grew its holdings in Kilroy Realty by 23.8% in the third quarter. Covestor Ltd now owns 1,933 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 372 shares during the period. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KRC. KeyCorp lowered their target price on shares of Kilroy Realty from $47.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, February 28th. Royal Bank of Canada cut shares of Kilroy Realty from an "outperform" rating to a "sector perform" rating and reduced their price target for the company from $44.00 to $39.00 in a research report on Friday, March 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Kilroy Realty in a research report on Tuesday, January 30th. They set a "hold" rating and a $40.00 price target on the stock. Wolfe Research cut shares of Kilroy Realty from an "outperform" rating to a "peer perform" rating in a research report on Friday, December 15th. Finally, Barclays started coverage on shares of Kilroy Realty in a research report on Wednesday, March 27th. They set an "equal weight" rating and a $38.00 price target on the stock. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Kilroy Realty has an average rating of "Hold" and a consensus price target of $39.00.

Kilroy Realty Stock Performance

Kilroy Realty stock traded up $0.04 during trading hours on Friday, reaching $34.14. 798,971 shares of the company were exchanged, compared to its average volume of 962,691. Kilroy Realty Co. has a 12 month low of $25.99 and a 12 month high of $43.37. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.87. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 2.54 and a beta of 1.02. The stock has a 50-day moving average of $35.69 and a 200 day moving average of $34.85.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 10th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Wednesday, March 27th. Kilroy Realty's payout ratio is 120.00%.

About Kilroy Realty

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.