New Age Alpha Advisors LLC Invests $3.62 Million in Kilroy Realty Co. (NYSE:KRC)

New Age Alpha Advisors LLC bought a new position in Kilroy Realty Co. (NYSE:KRC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 89,520 shares of the real estate investment trust's stock, valued at approximately $3,621,000. New Age Alpha Advisors LLC owned 0.08% of Kilroy Realty at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. FMR LLC boosted its holdings in Kilroy Realty by 2.2% in the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust's stock worth $588,000 after acquiring an additional 329 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Kilroy Realty by 6.8% during the third quarter. BNP Paribas Financial Markets now owns 111,262 shares of the real estate investment trust's stock worth $4,306,000 after purchasing an additional 7,129 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Kilroy Realty by 7.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 92,756 shares of the real estate investment trust's stock valued at $3,590,000 after purchasing an additional 6,565 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Kilroy Realty by 428.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust's stock valued at $32,933,000 after purchasing an additional 689,962 shares in the last quarter. Finally, Infrastructure Capital Advisors LLC increased its stake in Kilroy Realty by 45.1% during the 3rd quarter. Infrastructure Capital Advisors LLC now owns 75,093 shares of the real estate investment trust's stock worth $2,906,000 after buying an additional 23,341 shares during the period. Institutional investors and hedge funds own 94.22% of the company's stock.

Insider Buying and Selling

In other Kilroy Realty news, EVP John Osmond sold 4,000 shares of Kilroy Realty stock in a transaction on Tuesday, March 25th. The stock was 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 of the company's stock, valued at $440,484.48. The trade was a 24.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Angela M. Aman purchased 2,797 shares of Kilroy Realty stock in a transaction on Friday, February 28th. The shares were acquired at an average price of $35.45 per share, with a total value of $99,153.65. Following the transaction, the chief executive officer now directly owns 2,797 shares in the company, valued at $99,153.65. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 2.49% of the stock is owned by company insiders.

Kilroy Realty Stock Performance

Shares of NYSE:KRC traded up $0.28 on Wednesday, reaching $33.14. 288,720 shares of the company's stock were exchanged, compared to its average volume of 1,522,644. The business's 50-day moving average is $35.18 and its two-hundred day moving average is $38.26. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. Kilroy Realty Co. has a fifty-two week low of $30.71 and a fifty-two week high of $43.78. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 18.72 and a beta of 1.02.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. As a group, equities research analysts forecast that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a yield of 6.52%. Kilroy Realty's payout ratio is currently 122.03%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on KRC. Jefferies Financial Group started coverage on shares of Kilroy Realty in a research report on Monday, March 17th. They issued a "hold" rating and a $34.00 price objective for the company. JPMorgan Chase & Co. upgraded Kilroy Realty from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Evercore ISI cut their target price on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a research report on Wednesday, February 12th. Mizuho reissued 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, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $36.00 price target (down from $42.00) on shares of Kilroy Realty in a report on Friday, March 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $39.45.

Kilroy Realty 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.