Price T Rowe Associates Inc. MD Purchases 193,291 Shares of Kilroy Realty Co. (NYSE:KRC)

Price T Rowe Associates Inc. MD increased its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,265,387 shares of the real estate investment trust's stock after acquiring an additional 193,291 shares during the quarter. Price T Rowe Associates Inc. MD owned about 2.77% of Kilroy Realty worth $132,087,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in KRC. State of Alaska Department of Revenue boosted its stake in shares of Kilroy Realty by 0.4% during the 4th quarter. State of Alaska Department of Revenue now owns 68,456 shares of the real estate investment trust's stock valued at $2,768,000 after purchasing an additional 276 shares in the last quarter. Choreo LLC grew its holdings in shares of Kilroy Realty by 3.2% during the 4th quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust's stock worth $358,000 after acquiring an additional 278 shares during the period. M&T Bank Corp lifted its stake in shares of Kilroy Realty by 1.3% in the 4th quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust's stock valued at $926,000 after purchasing an additional 293 shares during the period. US Bancorp DE boosted its position in shares of Kilroy Realty by 3.4% during 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 in the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in Kilroy Realty by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 51,388 shares of the real estate investment trust's stock worth $2,079,000 after purchasing an additional 320 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Price Performance

Shares of KRC traded up $0.54 during mid-day trading on Friday, reaching $32.50. The stock had a trading volume of 301,646 shares, compared to its average volume of 1,222,649. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 18.38 and a beta of 1.04. Kilroy Realty Co. has a 12 month low of $27.07 and a 12 month high of $43.78. The business has a fifty day moving average of $32.59 and a 200 day moving average of $37.01. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. Equities analysts predict that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.65%. The ex-dividend date was Monday, March 31st. Kilroy Realty's payout ratio is presently 122.03%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on KRC shares. JPMorgan Chase & Co. dropped their price objective on shares of Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. Wells Fargo & Company downgraded Kilroy Realty from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from $43.00 to $35.00 in a report on Monday, March 10th. Barclays upgraded shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $42.00 to $44.00 in a research note on Thursday, February 27th. Mizuho reaffirmed a "neutral" rating and issued a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Finally, Evercore ISI dropped 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. 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 data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $38.82.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, EVP John Osmond sold 4,000 shares of Kilroy Realty stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $35.16, for a total transaction of $140,640.00. Following the completion of the transaction, the executive vice president now directly owns 12,528 shares of the company's stock, valued at $440,484.48. The trade was a 24.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Angela M. Aman bought 2,797 shares of the company's stock in a transaction on Friday, February 28th. The shares were acquired at an average price of $35.45 per share, with a total value of $99,153.65. Following the transaction, the chief executive officer now directly owns 2,797 shares of the company's stock, valued at approximately $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.57% of the stock is currently owned by company insiders.

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.