HF Advisory Group LLC Grows Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

HF Advisory Group LLC raised its stake in Kilroy Realty Co. (NYSE:KRC - Free Report) by 39.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,043 shares of the real estate investment trust's stock after buying an additional 10,985 shares during the quarter. HF Advisory Group LLC's holdings in Kilroy Realty were worth $1,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its stake in Kilroy Realty by 1.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust's stock worth $84,045,000 after purchasing an additional 27,660 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Kilroy Realty by 2.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,720,268 shares of the real estate investment trust's stock worth $53,622,000 after acquiring an additional 42,811 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Kilroy Realty by 45.9% during the second quarter. AQR Capital Management LLC now owns 851,398 shares of the real estate investment trust's stock worth $26,393,000 after acquiring an additional 267,825 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Kilroy Realty by 428.5% in 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 acquiring an additional 689,962 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Kilroy Realty by 585.2% in the 3rd quarter. Victory Capital Management Inc. now owns 830,311 shares of the real estate investment trust's stock worth $32,133,000 after purchasing an additional 709,126 shares during the period. Institutional investors own 94.22% of the company's stock.

Insider Buying and Selling

In related news, insider Heidi Rena Roth sold 12,000 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the transaction, the insider now directly owns 50,211 shares of the company's stock, valued at approximately $2,122,921.08. This represents a 19.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on KRC shares. Mizuho reiterated a "neutral" rating and issued a $43.00 price target (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Evercore ISI lifted their target price on Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research report on Wednesday, October 30th. 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. Jefferies Financial Group lowered Kilroy Realty from a "buy" rating to a "hold" rating and lowered their price target for the stock from $45.00 to $41.00 in a research report on Thursday, January 2nd. Finally, Barclays cut their price objective on Kilroy Realty from $44.00 to $43.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $40.80.

Kilroy Realty Price Performance

Shares of KRC traded up $0.71 during mid-day trading on Friday, reaching $38.97. The company had a trading volume of 1,081,931 shares, compared to its average volume of 1,014,502. The company's 50 day simple moving average is $40.03 and its 200 day simple moving average is $38.03. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 23.33 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 debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results 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). Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The business had revenue of $289.94 million for the quarter, compared to analyst estimates of $275.77 million. During the same quarter in the prior year, the business earned $1.12 earnings per share. The firm's quarterly revenue was up 2.2% on a year-over-year basis. Analysts expect that Kilroy Realty Co. will post 4.42 EPS for the current year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 5.54%. Kilroy Realty's payout ratio is 129.34%.

About Kilroy Realty

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.