Kilroy Realty Co. (NYSE:KRC) Stake Raised by Resolution Capital Ltd

Resolution Capital Ltd raised its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,487,655 shares of the real estate investment trust's stock after acquiring an additional 500,635 shares during the quarter. Kilroy Realty comprises 3.3% of Resolution Capital Ltd's portfolio, making the stock its 10th largest position. Resolution Capital Ltd owned approximately 3.80% of Kilroy Realty worth $181,526,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Summit Securities Group LLC acquired a new stake in Kilroy Realty in the 4th quarter valued at approximately $49,000. Fifth Third Bancorp lifted its position in shares of Kilroy Realty by 31.7% in the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust's stock worth $102,000 after purchasing an additional 607 shares in the last quarter. FIL Ltd grew its position in Kilroy Realty by 52.4% in the fourth quarter. FIL Ltd now owns 3,442 shares of the real estate investment trust's stock valued at $139,000 after purchasing an additional 1,184 shares in the last quarter. KBC Group NV lifted its position in Kilroy Realty by 54.2% during the 4th quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust's stock worth $195,000 after buying an additional 1,694 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its position in Kilroy Realty by 67.4% during the 4th quarter. Venturi Wealth Management LLC now owns 4,875 shares of the real estate investment trust's stock worth $197,000 after buying an additional 1,963 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Kilroy Realty Trading Up 0.2%

Kilroy Realty stock traded up $0.06 during mid-day trading on Tuesday, reaching $33.03. 353,438 shares of the company traded hands, compared to its average volume of 1,507,484. The firm's 50 day moving average price is $32.09 and its 200 day moving average price is $36.15. Kilroy Realty Co. has a 52-week low of $27.07 and a 52-week high of $43.78. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 18.66 and a beta of 1.16.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.02 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.01). Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. The business had revenue of $270.84 million for the quarter, compared to the consensus estimate of $274.90 million. During the same period in the previous year, the firm earned $1.11 EPS. The company's revenue was down 2.8% on a year-over-year basis. On average, analysts anticipate that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st were paid a dividend of $0.54 per share. The ex-dividend date was Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.54%. Kilroy Realty's dividend payout ratio is currently 128.57%.

Insider Buying and Selling

In other Kilroy Realty news, EVP John Osmond sold 4,000 shares of the business's 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 transaction, the executive vice president now owns 12,528 shares in the company, valued at $440,484.48. The trade was a 24.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Angela M. Aman acquired 2,797 shares of the stock in a transaction on Friday, February 28th. The stock was bought at an average cost of $35.45 per share, with a total value of $99,153.65. Following the completion of the transaction, the chief executive officer now owns 2,797 shares in the company, valued at $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 insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group began coverage on Kilroy Realty in a research note on Monday, March 17th. They issued a "hold" rating and a $34.00 price target on the stock. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $36.00 target price (down previously from $42.00) on shares of Kilroy Realty in a report on Friday, March 28th. Royal Bank of Canada cut their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research report on Monday, March 10th. Evercore ISI reduced their price target on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research note on Wednesday, February 12th. Finally, KeyCorp lowered their price objective on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a research report on Monday, March 31st. One 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's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $38.64.

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.