LSV Asset Management Takes $10.13 Million Position in Kilroy Realty Co. (NYSE:KRC)

LSV Asset Management acquired a new position in Kilroy Realty Co. (NYSE:KRC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 254,147 shares of the real estate investment trust's stock, valued at approximately $10,125,000. LSV Asset Management owned about 0.22% of Kilroy Realty at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in KRC. Coldstream Capital Management Inc. grew its position in shares of Kilroy Realty by 4.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 8,284 shares of the real estate investment trust's stock valued at $262,000 after acquiring an additional 342 shares during the period. Covestor Ltd increased its holdings in Kilroy Realty by 23.8% in the 3rd quarter. Covestor Ltd now owns 1,933 shares of the real estate investment trust's stock worth $61,000 after acquiring an additional 372 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Kilroy Realty by 15.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,800 shares of the real estate investment trust's stock valued at $89,000 after acquiring an additional 384 shares during the period. Arizona State Retirement System boosted its position in Kilroy Realty by 1.4% during the third quarter. Arizona State Retirement System now owns 31,680 shares of the real estate investment trust's stock worth $1,001,000 after purchasing an additional 429 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Kilroy Realty by 28.1% in the third quarter. Fifth Third Bancorp now owns 2,464 shares of the real estate investment trust's stock worth $78,000 after purchasing an additional 540 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Trading Down 1.5 %

Shares of NYSE KRC traded down $0.51 during midday trading on Wednesday, hitting $33.43. 777,485 shares of the company traded hands, compared to its average volume of 1,087,229. The stock has a 50-day moving average price of $34.78 and a 200 day moving average price of $35.30. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.65 and a current ratio of 3.30. The firm has a market cap of $3.92 billion, a P/E ratio of 19.21, a P/E/G ratio of 2.52 and a beta of 1.02. Kilroy Realty Co. has a 12-month low of $25.99 and a 12-month high of $43.37.

Kilroy Realty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Friday, March 29th were paid a $0.54 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $2.16 annualized dividend and a dividend yield of 6.46%. Kilroy Realty's payout ratio is 124.14%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KRC. Deutsche Bank Aktiengesellschaft initiated coverage on Kilroy Realty in a research report on Tuesday, January 30th. They issued a "hold" rating and a $40.00 price target for the company. KeyCorp decreased their target price on shares of Kilroy Realty from $47.00 to $45.00 and set an "overweight" rating on the stock in a report on Wednesday, February 28th. Royal Bank of Canada downgraded shares of Kilroy Realty from an "outperform" rating to a "sector perform" rating and cut their price target for the company from $44.00 to $39.00 in a report on Friday, March 8th. Finally, Barclays initiated coverage on Kilroy Realty in a research report on Wednesday, March 27th. They set an "equal weight" rating and a $38.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Kilroy Realty presently has a consensus rating of "Hold" and an average target price of $39.00.

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.