Amalgamated Bank Has $1.98 Million Position in Kilroy Realty Co. (NYSE:KRC)

Amalgamated Bank reduced its position in Kilroy Realty Co. (NYSE:KRC - Free Report) by 25.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,087 shares of the real estate investment trust's stock after selling 17,678 shares during the period. Amalgamated Bank's holdings in Kilroy Realty were worth $1,977,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Centersquare Investment Management LLC grew its position in shares of Kilroy Realty by 1.0% during the first quarter. Centersquare Investment Management LLC now owns 2,598,144 shares of the real estate investment trust's stock worth $87,817,000 after buying an additional 24,855 shares in the last quarter. Sei Investments Co. grew its stake in Kilroy Realty by 139.4% in the first quarter. Sei Investments Co. now owns 693,552 shares of the real estate investment trust's stock worth $25,266,000 after purchasing an additional 403,807 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Kilroy Realty by 33.8% in the first quarter. Russell Investments Group Ltd. now owns 134,103 shares of the real estate investment trust's stock valued at $4,885,000 after buying an additional 33,857 shares during the last quarter. PGGM Investments raised its stake in Kilroy Realty by 85.0% during the second quarter. PGGM Investments now owns 3,015,046 shares of the real estate investment trust's stock valued at $93,979,000 after buying an additional 1,385,692 shares in the last quarter. Finally, Swedbank AB bought a new position in Kilroy Realty during the 1st quarter worth approximately $5,811,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Performance

KRC stock traded up $0.12 during trading on Wednesday, reaching $39.93. 746,315 shares of the company's stock were exchanged, compared to its average volume of 1,056,369. Kilroy Realty Co. has a 1-year low of $29.66 and a 1-year high of $43.78. The firm has a market cap of $4.71 billion, a PE ratio of 23.91 and a beta of 1.03. The company's fifty day moving average price is $39.13 and its 200-day moving average price is $35.61. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.60). Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The company had revenue of $289.94 million during the quarter, compared to the consensus estimate of $275.77 million. During the same quarter in the prior year, the company earned $1.12 EPS. The business's quarterly revenue was up 2.2% on a year-over-year basis. On average, research analysts expect that Kilroy Realty Co. will post 4.41 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th were given a $0.54 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.41%. Kilroy Realty's dividend payout ratio (DPR) is 129.34%.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, EVP John Osmond sold 2,628 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the transaction, the executive vice president now owns 8,818 shares in the company, valued at approximately $352,720. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Kilroy Realty news, EVP John Osmond sold 2,628 shares of the firm's stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the completion of the transaction, the executive vice president now directly owns 8,818 shares in the company, valued at $352,720. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of the business's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total transaction of $117,420.00. Following the sale, the chief accounting officer now owns 26,401 shares in the company, valued at $1,033,335.14. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company dropped their price target on Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 11th. Scotiabank decreased their price target on shares of Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating for the company in a report on Wednesday, August 7th. Evercore ISI raised their target price on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an "in-line" rating in a report on Wednesday, October 30th. Finally, Barclays upped their target price on Kilroy Realty from $38.00 to $44.00 and gave the company an "equal weight" rating in a report on Monday, October 28th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Kilroy Realty currently has a consensus rating of "Hold" and an average target price of $39.43.

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.