490,586 Shares in Kilroy Realty Co. (NYSE:KRC) Acquired by Marshall Wace LLP

Marshall Wace LLP purchased a new stake in Kilroy Realty Co. (NYSE:KRC - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 490,586 shares of the real estate investment trust's stock, valued at approximately $19,844,000. Marshall Wace LLP owned approximately 0.42% of Kilroy Realty as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in Kilroy Realty in the 3rd quarter worth $34,000. Summit Securities Group LLC acquired a new position in shares of Kilroy Realty during the fourth quarter worth approximately $49,000. GAMMA Investing LLC lifted 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 buying an additional 374 shares during the period. Fifth Third Bancorp grew its holdings in shares of Kilroy Realty by 31.7% during 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 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. Institutional investors and hedge funds own 94.22% of the company's stock.

Kilroy Realty Stock Up 1.4 %

Shares of KRC stock traded up $0.45 on Wednesday, reaching $32.59. 1,300,510 shares of the company were exchanged, compared to its average volume of 1,219,014. Kilroy Realty Co. has a one year low of $27.07 and a one year high of $43.78. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 18.41 and a beta of 1.04. The company has a 50-day moving average of $32.84 and a 200-day moving average of $37.30. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. Analysts anticipate 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 given a $0.54 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.63%. Kilroy Realty's dividend payout ratio (DPR) is presently 122.03%.

Analyst Ratings Changes

Several brokerages have issued reports on KRC. Jefferies Financial Group started coverage on Kilroy Realty in a research report on Monday, March 17th. They issued a "hold" rating and a $34.00 price objective for the company. Wells Fargo & Company cut shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $43.00 to $35.00 in a research report on Monday, March 10th. Royal Bank of Canada lowered their target price on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research note on Monday, March 10th. Mizuho reaffirmed a "neutral" rating and set a $43.00 price target (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Finally, KeyCorp reduced their price objective 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 investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $38.82.

Insider Activity at Kilroy Realty

In other Kilroy Realty news, insider A. Robert Paratte sold 6,000 shares of the business's stock in a transaction dated Monday, March 24th. The shares were 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 in the company, valued at approximately $3,013,486.56. The trade was a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Angela M. Aman bought 2,797 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the purchase, the chief executive officer now directly owns 2,797 shares of the company's stock, valued at $99,153.65. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.49% of the stock is owned by corporate insiders.

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.