Tudor Investment Corp ET AL Has $831,000 Holdings in Kilroy Realty Co. (NYSE:KRC)

Tudor Investment Corp ET AL trimmed its position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 70.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,542 shares of the real estate investment trust's stock after selling 49,610 shares during the quarter. Tudor Investment Corp ET AL's holdings in Kilroy Realty were worth $831,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in KRC. Waterfront Capital Partners LLC acquired a new stake in Kilroy Realty during the fourth quarter worth approximately $11,589,000. Hancock Whitney Corp acquired a new position in Kilroy Realty in the fourth quarter valued at $790,000. Adage Capital Partners GP L.L.C. purchased a new position in Kilroy Realty during the fourth quarter worth about $444,000. T. Rowe Price Investment Management Inc. boosted its stake in Kilroy Realty by 29.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,003,920 shares of the real estate investment trust's stock worth $121,509,000 after buying an additional 680,870 shares during the last quarter. Finally, Pinebridge Investments L.P. increased its stake in shares of Kilroy Realty by 42.7% during the 4th quarter. Pinebridge Investments L.P. now owns 50,500 shares of the real estate investment trust's stock valued at $2,043,000 after acquiring an additional 15,109 shares during the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on KRC shares. JPMorgan Chase & Co. dropped 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. KeyCorp cut their price target 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. Royal Bank of Canada cut their target price on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Monday, March 10th. Barclays raised 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 report on Thursday, February 27th. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $36.00 price target (down from $42.00) on shares of Kilroy Realty in a research report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Kilroy Realty currently has a consensus rating of "Hold" and a consensus price target of $38.82.

Insiders Place Their Bets

In other news, insider A. Robert Paratte sold 6,000 shares of the business's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $34.74, for a total transaction of $208,440.00. Following the sale, the insider now directly owns 86,744 shares of the company's stock, valued at $3,013,486.56. The trade was a 6.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John Osmond sold 4,000 shares of the business's stock in a transaction that occurred 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 sale, the executive vice president now owns 12,528 shares in the company, valued at $440,484.48. This represents a 24.20 % decrease in their position. The disclosure for this sale can be found here. 1.57% of the stock is owned by insiders.

Kilroy Realty Stock Performance

Shares of Kilroy Realty stock traded up $0.51 during trading on Friday, hitting $31.64. 1,009,079 shares of the stock were exchanged, compared to its average volume of 1,228,727. The stock has a market cap of $3.74 billion, a PE ratio of 17.88 and a beta of 1.16. The stock's fifty day moving average is $32.19 and its 200 day moving average is $36.58. Kilroy Realty Co. has a 12 month low of $27.07 and a 12 month high of $43.78. 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 released its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share for the quarter, missing analysts' consensus estimates of $1.03 by ($0.01). The business had revenue of $270.84 million for the quarter, compared to the consensus estimate of $274.90 million. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. The business's quarterly revenue was down 2.8% on a year-over-year basis. During the same period last year, the firm posted $1.11 EPS. As a group, sell-side analysts anticipate that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 6.83%. Kilroy Realty's payout ratio is 122.03%.

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.