Schonfeld Strategic Advisors LLC Sells 133,821 Shares of Kilroy Realty Co. (NYSE:KRC)

Schonfeld Strategic Advisors LLC cut its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 36.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 229,892 shares of the real estate investment trust's stock after selling 133,821 shares during the period. Schonfeld Strategic Advisors LLC owned approximately 0.19% of Kilroy Realty worth $9,299,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in KRC. Wilmington Savings Fund Society FSB bought a new position in shares of Kilroy Realty during the 3rd quarter worth about $34,000. Summit Securities Group LLC bought a new stake in shares of Kilroy Realty during the fourth quarter valued at approximately $49,000. GAMMA Investing LLC raised its position in shares of Kilroy Realty by 25.4% during the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock worth $75,000 after purchasing an additional 374 shares during the period. Fifth Third Bancorp lifted its holdings in shares of Kilroy Realty by 31.7% in the 4th 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. Finally, Versant Capital Management Inc grew its position in Kilroy Realty by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust's stock valued at $105,000 after purchasing an additional 336 shares during the period. Institutional investors own 94.22% of the company's stock.

Insider Buying and Selling

In other Kilroy Realty news, CEO Angela M. Aman acquired 2,797 shares of the business's stock in a transaction dated Friday, February 28th. The stock was bought at an average price of $35.45 per share, with a total value of $99,153.65. Following the completion of the acquisition, the chief executive officer now owns 2,797 shares of the company's stock, valued at $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider A. Robert Paratte sold 6,000 shares of Kilroy Realty stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $34.74, for a total transaction of $208,440.00. Following the sale, the insider now owns 86,744 shares of the company's stock, valued at approximately $3,013,486.56. The trade was a 6.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.57% of the stock is owned by company insiders.

Kilroy Realty Stock Performance

Shares of Kilroy Realty stock traded down $1.10 on Tuesday, reaching $30.78. 559,704 shares of the company traded hands, compared to its average volume of 1,221,914. 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 company has a 50 day moving average of $32.51 and a 200 day moving average of $36.81. Kilroy Realty Co. has a 52 week low of $27.07 and a 52 week high of $43.78. The firm has a market capitalization of $3.64 billion, a PE ratio of 17.38 and a beta of 1.16.

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

Kilroy Realty Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 7.02%. The ex-dividend date of this dividend was Monday, March 31st. Kilroy Realty's dividend payout ratio is 122.03%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. KeyCorp lowered their price objective on shares of Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a report on Monday, March 31st. Wells Fargo & Company cut shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $43.00 to $35.00 in a research report on Monday, March 10th. JPMorgan Chase & Co. decreased their price objective on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating for the company in a report on Wednesday, April 2nd. The Goldman Sachs Group reissued a "neutral" rating and issued a $36.00 price objective (down from $42.00) on shares of Kilroy Realty in a research note on Friday, March 28th. Finally, Mizuho reaffirmed a "neutral" rating and set a $43.00 target price (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $38.82.

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.