6,463 Shares in Kilroy Realty Co. (NYSE:KRC) Acquired by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,463 shares of the real estate investment trust's stock, valued at approximately $261,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KRC. Wilmington Savings Fund Society FSB acquired a new stake in Kilroy Realty during the third quarter worth approximately $34,000. UMB Bank n.a. grew its holdings in shares of Kilroy Realty by 126.5% during the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 540 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Kilroy Realty by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust's stock worth $57,000 after purchasing an additional 371 shares in the last quarter. Quarry LP bought a new position in shares of Kilroy Realty in the second quarter worth $55,000. Finally, Versant Capital Management Inc raised its stake in 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 valued at $105,000 after purchasing an additional 336 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KRC has been the topic of a number of analyst reports. Scotiabank downgraded shares of Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 price objective on the stock. in a research note on Thursday, November 14th. Jefferies Financial Group cut shares of Kilroy Realty from a "buy" rating to a "hold" rating and decreased their price objective for the company from $45.00 to $41.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $45.00 to $49.00 in a research report on Friday, December 20th. Mizuho reaffirmed a "neutral" rating and issued a $43.00 target price (down previously from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Finally, Barclays lowered their price target 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 research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $40.80.

Kilroy Realty Price Performance

NYSE:KRC traded up $0.71 during midday trading on Friday, hitting $38.97. The company had a trading volume of 1,081,931 shares, compared to its average volume of 1,014,502. The company has a market capitalization of $4.60 billion, a PE ratio of 23.33 and a beta of 1.02. 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 Co. has a 52-week low of $30.71 and a 52-week high of $43.78. The stock's fifty day moving average price is $40.03 and its 200-day moving average price is $38.03.

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

Kilroy Realty Dividend Announcement

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

Insider Buying and Selling

In other news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total value of $507,360.00. Following the sale, the insider now directly owns 50,211 shares of the company's stock, valued at approximately $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.49% of the stock is currently owned by corporate insiders.

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.