Uniplan Investment Counsel Inc. Acquires Shares of 36,432 Kilroy Realty Co. (NYSE:KRC)

Uniplan Investment Counsel Inc. bought a new stake in Kilroy Realty Co. (NYSE:KRC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 36,432 shares of the real estate investment trust's stock, valued at approximately $1,474,000.

Other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in Kilroy Realty during the third quarter valued at about $34,000. Versant Capital Management Inc increased its position in shares of Kilroy Realty by 14.8% during the fourth 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. GAMMA Investing LLC raised its stake in shares of Kilroy Realty by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock valued at $75,000 after purchasing an additional 374 shares in the last quarter. CWA Asset Management Group LLC raised its stake in shares of Kilroy Realty by 22.3% in the 4th quarter. CWA Asset Management Group LLC now owns 15,038 shares of the real estate investment trust's stock valued at $608,000 after buying an additional 2,737 shares in the last quarter. Finally, Oliver Luxxe Assets LLC lifted its position in shares of Kilroy Realty by 4.3% during the 4th quarter. Oliver Luxxe Assets LLC now owns 61,960 shares of the real estate investment trust's stock worth $2,506,000 after buying an additional 2,578 shares during the period. 94.22% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on KRC. Evercore ISI lowered their target price on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a report on Wednesday, February 12th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $36.00 price objective (down from $42.00) on shares of Kilroy Realty in a research report on Friday, March 28th. Mizuho reaffirmed a "neutral" rating and issued a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Jefferies Financial Group started coverage on Kilroy Realty in a report on Monday, March 17th. They set a "hold" rating and a $34.00 price objective for the company. Finally, KeyCorp reduced their price target on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating for the company in a research report on Monday, March 31st. 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 stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $38.82.

Kilroy Realty Stock Performance

KRC traded down $0.13 during trading hours on Monday, reaching $32.25. The company's stock had a trading volume of 117,066 shares, compared to its average volume of 1,220,779. The company's 50-day moving average is $32.71 and its 200-day moving average is $37.18. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market cap of $3.81 billion, a PE ratio of 18.18 and a beta of 1.04. Kilroy Realty Co. has a 52 week low of $27.07 and a 52 week high of $43.78.

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, topping analysts' consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. On average, equities analysts forecast that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders 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 dividend yield of 6.70%. Kilroy Realty's payout ratio is currently 122.03%.

Insiders Place Their Bets

In other 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 completion of the transaction, the executive vice president now directly owns 12,528 shares in the company, valued at $440,484.48. The trade was a 24.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider A. Robert Paratte sold 6,000 shares of the business's stock in a transaction dated 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 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. Company insiders own 2.49% of the company's stock.

Kilroy Realty Company 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.