Foresight Group Ltd Liability Partnership Lowers Holdings in Kilroy Realty Co. (NYSE:KRC)

Foresight Group Ltd Liability Partnership reduced its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 25.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,554 shares of the real estate investment trust's stock after selling 15,271 shares during the quarter. Kilroy Realty makes up about 1.1% of Foresight Group Ltd Liability Partnership's portfolio, making the stock its 16th biggest holding. Foresight Group Ltd Liability Partnership's holdings in Kilroy Realty were worth $1,805,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. grew its holdings in Kilroy Realty by 1.0% in the 3rd quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust's stock valued at $1,037,000 after buying an additional 274 shares in the last quarter. FMR LLC raised its stake in Kilroy Realty by 2.2% during the third 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 in the last quarter. Versant Capital Management Inc increased its position in Kilroy Realty by 14.8% during the 4th 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 in the last quarter. Commerce Bank increased its holdings in shares of Kilroy Realty by 3.0% during the third quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust's stock worth $448,000 after buying an additional 342 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Kilroy Realty by 33.6% in the third quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 371 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of the firm's stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total value of $507,360.00. Following the completion of the sale, the insider now directly owns 50,211 shares of the company's stock, valued at $2,122,921.08. This trade represents a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.49% of the company's stock.

Wall Street Analyst Weigh In

KRC has been the topic of a number of research reports. Mizuho reissued a "neutral" rating and set a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Scotiabank downgraded shares of Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 target price for the company. in a research report on Thursday, November 14th. Jefferies Financial Group lowered Kilroy Realty from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $45.00 to $41.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. raised shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $45.00 to $49.00 in a research note on Friday, December 20th. Finally, Evercore ISI raised their target price on Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $40.80.

Kilroy Realty Stock Up 1.9 %

Kilroy Realty stock traded up $0.71 during trading on Friday, hitting $38.97. 1,081,931 shares of the company were exchanged, compared to its average volume of 1,014,502. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The business's 50 day moving average is $40.03 and its 200 day moving average is $37.94. Kilroy Realty Co. has a 52 week low of $30.71 and a 52 week high of $43.78. The company has a market capitalization of $4.60 billion, a P/E ratio of 23.33 and a beta of 1.02.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.60). The firm had revenue of $289.94 million during the quarter, compared to analysts' expectations of $275.77 million. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $1.12 EPS. Analysts predict that Kilroy Realty Co. will post 4.42 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st were paid a $0.54 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 5.54%. Kilroy Realty's dividend payout ratio (DPR) is presently 129.34%.

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.