Robeco Institutional Asset Management B.V. Grows Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

Robeco Institutional Asset Management B.V. lifted its position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 22.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 180,000 shares of the real estate investment trust's stock after purchasing an additional 33,000 shares during the period. Robeco Institutional Asset Management B.V. owned 0.15% of Kilroy Realty worth $7,171,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Westpac Banking Corp lifted its position in shares of Kilroy Realty by 2.1% during the fourth quarter. Westpac Banking Corp now owns 35,609 shares of the real estate investment trust's stock valued at $1,419,000 after purchasing an additional 735 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Kilroy Realty by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,631,938 shares of the real estate investment trust's stock valued at $65,019,000 after purchasing an additional 12,936 shares in the last quarter. BNP Paribas Financial Markets raised its position in Kilroy Realty by 49.6% in the fourth quarter. BNP Paribas Financial Markets now owns 212,797 shares of the real estate investment trust's stock worth $8,478,000 after acquiring an additional 70,576 shares during the period. Principal Securities Inc. bought a new stake in Kilroy Realty in the fourth quarter worth about $33,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Kilroy Realty by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,082,442 shares of the real estate investment trust's stock valued at $82,964,000 after acquiring an additional 56,873 shares during the last quarter. 94.22% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider A. Robert Paratte sold 12,000 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $33.35, for a total value of $400,200.00. Following the transaction, the insider now owns 68,139 shares of the company's stock, valued at approximately $2,272,435.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CAO Merryl Elizabeth Werber sold 3,329 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $33.66, for a total value of $112,054.14. Following the transaction, the chief accounting officer now owns 29,081 shares of the company's stock, valued at approximately $978,866.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider A. Robert Paratte sold 12,000 shares of the stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $33.35, for a total transaction of $400,200.00. Following the completion of the transaction, the insider now directly owns 68,139 shares in the company, valued at approximately $2,272,435.65. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KRC shares. Royal Bank of Canada cut shares of Kilroy Realty from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from $44.00 to $39.00 in a research note on Friday, March 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Kilroy Realty in a research note on Tuesday, January 30th. They issued a "hold" rating and a $40.00 target price on the stock. KeyCorp dropped their price target on shares of Kilroy Realty from $47.00 to $45.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 28th. Finally, Barclays assumed 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 target on the stock. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $39.00.

Kilroy Realty Price Performance

Kilroy Realty stock traded down $0.64 during midday trading on Monday, reaching $33.78. 952,841 shares of the stock were exchanged, compared to its average volume of 1,061,914. The company's fifty day moving average is $34.49 and its 200-day moving average is $35.67. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.30 and a current ratio of 3.30. The firm has a market cap of $3.96 billion, a PE ratio of 19.41, a PEG ratio of 2.56 and a beta of 1.02. Kilroy Realty Co. has a 52 week low of $26.12 and a 52 week high of $43.37.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Friday, March 29th were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend was Wednesday, March 27th. Kilroy Realty's dividend payout ratio (DPR) is presently 124.14%.

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.