Charles Schwab Investment Management Inc. Grows Position in Kilroy Realty Co. (NYSE:KRC)

Charles Schwab Investment Management Inc. raised its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,200,616 shares of the real estate investment trust's stock after purchasing an additional 28,899 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.86% of Kilroy Realty worth $89,015,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of KRC. Wilmington Savings Fund Society FSB bought a new stake in shares of Kilroy Realty during the third quarter worth about $34,000. GAMMA Investing LLC boosted its stake in Kilroy Realty by 25.4% during the 4th 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 during the last quarter. Fifth Third Bancorp increased its holdings in 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. Versant Capital Management Inc raised its stake in shares of Kilroy Realty by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust's stock worth $105,000 after purchasing an additional 336 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its stake in shares of Kilroy Realty by 113.6% in the third quarter. Venturi Wealth Management LLC now owns 2,912 shares of the real estate investment trust's stock worth $113,000 after purchasing an additional 1,549 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

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Wall Street Analyst Weigh In

Several brokerages recently issued reports on KRC. Barclays upgraded Kilroy Realty from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $42.00 to $44.00 in a report on Thursday, February 27th. Wells Fargo & Company lowered shares of Kilroy Realty from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $43.00 to $35.00 in a research note on Monday. Scotiabank downgraded Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 target price on the stock. in a research note on Thursday, November 14th. JPMorgan Chase & Co. raised Kilroy Realty from a "neutral" rating to an "overweight" rating and increased their price target for the company from $45.00 to $49.00 in a research report on Friday, December 20th. Finally, The Goldman Sachs Group reduced their price objective on Kilroy Realty from $48.00 to $42.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $40.73.

Insider Activity

In other news, CEO Angela M. Aman purchased 2,797 shares of Kilroy Realty stock in a transaction dated Friday, February 28th. The stock was purchased at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the transaction, the chief executive officer now directly owns 2,797 shares of the company's stock, valued at approximately $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.49% of the company's stock.

Kilroy Realty Stock Performance

Shares of KRC stock traded up $0.45 during trading on Wednesday, reaching $32.92. 3,593,746 shares of the company's stock traded hands, compared to its average volume of 1,520,544. The firm's 50-day moving average is $36.37 and its 200 day moving average is $38.41. The company has a market capitalization of $3.89 billion, a P/E ratio of 18.60 and a beta of 1.02. Kilroy Realty Co. has a 1 year low of $30.71 and a 1 year high of $43.78. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, topping 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%. Equities research analysts expect that Kilroy Realty Co. will post 4 EPS for the current year.

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 issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.56%. The ex-dividend date of this dividend is Monday, March 31st. Kilroy Realty's payout ratio is presently 122.03%.

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.