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

Tudor Investment Corp ET AL cut its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 70.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,542 shares of the real estate investment trust's stock after selling 49,610 shares during the period. Tudor Investment Corp ET AL's holdings in Kilroy Realty were worth $831,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KRC. Norges Bank bought a new position in Kilroy Realty during the fourth quarter valued at about $366,356,000. T. Rowe Price Investment Management Inc. lifted its holdings 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 purchasing an additional 680,870 shares during the last quarter. Marshall Wace LLP bought a new stake in Kilroy Realty during the fourth quarter worth approximately $19,844,000. abrdn plc raised its position in shares of Kilroy Realty by 1,592.3% in the fourth quarter. abrdn plc now owns 400,404 shares of the real estate investment trust's stock valued at $16,216,000 after purchasing an additional 376,743 shares during the period. Finally, Waterfront Capital Partners LLC acquired a new stake in shares of Kilroy Realty in the fourth quarter worth $11,589,000. 94.22% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KRC. JPMorgan Chase & Co. cut their price objective on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, April 2nd. Barclays upgraded Kilroy Realty from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $42.00 to $44.00 in a research note on Thursday, February 27th. Evercore ISI decreased their price objective on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a report on Wednesday, February 12th. The Goldman Sachs Group restated a "neutral" rating and issued a $36.00 target price (down from $42.00) on shares of Kilroy Realty in a research note on Friday, March 28th. Finally, Royal Bank of Canada decreased their price target 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. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $38.82.

Insider Transactions at Kilroy Realty

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

Kilroy Realty Trading Up 3.3%

Kilroy Realty stock traded up $1.05 during midday trading on Monday, hitting $32.68. 77,018 shares of the stock were exchanged, compared to its average volume of 1,226,815. Kilroy Realty Co. has a 52 week low of $27.07 and a 52 week high of $43.78. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $3.87 billion, a PE ratio of 18.40 and a beta of 1.16. The company has a fifty day simple moving average of $32.19 and a two-hundred day simple moving average of $36.51.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.01). Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. The business had revenue of $270.84 million during the quarter, compared to analyst estimates of $274.90 million. During the same quarter last year, the business earned $1.11 earnings per share. Kilroy Realty's revenue for the quarter was down 2.8% on a year-over-year basis. Equities research analysts anticipate that Kilroy Realty Co. will post 4 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 6.61%. The ex-dividend date was Monday, March 31st. Kilroy Realty's dividend payout ratio (DPR) is 128.57%.

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.