Insider Buying: Kilroy Realty Co. (NYSE:KRC) CEO Purchases 2,797 Shares of Stock

Kilroy Realty Co. (NYSE:KRC - Get Free Report) CEO Angela M. Aman purchased 2,797 shares of the business's stock in a transaction on Friday, February 28th. The stock was purchased at an average cost of $35.45 per share, with a total value of $99,153.65. Following the acquisition, the chief executive officer now owns 2,797 shares in the company, valued at approximately $99,153.65. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Kilroy Realty Trading Down 0.5 %

Shares of NYSE KRC traded down $0.18 during mid-day trading on Tuesday, hitting $34.51. The company's stock had a trading volume of 765,148 shares, compared to its average volume of 1,414,000. Kilroy Realty Co. has a one year low of $30.71 and a one year high of $43.78. The company's fifty day simple moving average is $37.47 and its 200-day simple moving average is $38.49. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 19.49 and a beta of 1.02.

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 net margin of 18.58% and a return on equity of 3.75%. On average, sell-side analysts anticipate that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

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Kilroy Realty Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 6.26%. The ex-dividend date is Monday, March 31st. Kilroy Realty's payout ratio is 122.03%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KRC. Jefferies Financial Group lowered shares of Kilroy Realty from a "buy" rating to a "hold" rating and lowered their target price for the stock from $45.00 to $41.00 in a report on Thursday, January 2nd. Barclays raised shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $42.00 to $44.00 in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised Kilroy Realty from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $45.00 to $49.00 in a report on Friday, December 20th. Royal Bank of Canada restated a "sector perform" rating and set a $44.00 price target on shares of Kilroy Realty in a research report on Monday, February 10th. Finally, Scotiabank downgraded Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 price objective for the company. in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $41.45.

Hedge Funds Weigh In On Kilroy Realty

Several institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in Kilroy Realty during the 3rd quarter worth approximately $34,000. Summit Securities Group LLC acquired a new stake in Kilroy Realty in the fourth quarter worth $49,000. GAMMA Investing LLC boosted its position in shares of Kilroy Realty by 25.4% during the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock worth $75,000 after purchasing an additional 374 shares in the last quarter. GF Fund Management CO. LTD. acquired a new position in shares of Kilroy Realty in the 4th quarter valued at $82,000. Finally, Fifth Third Bancorp increased its position in shares of Kilroy Realty by 31.7% in the 4th quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust's stock valued at $102,000 after buying an additional 607 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

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.