Kilroy Realty Co. (NYSE:KRC) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC raised its position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 498.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,345 shares of the real estate investment trust's stock after buying an additional 69,413 shares during the period. Cerity Partners LLC owned about 0.07% of Kilroy Realty worth $3,361,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of KRC. FMR LLC lifted its stake in shares of Kilroy Realty by 2.2% in the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust's stock valued at $588,000 after purchasing an additional 329 shares during the period. M&T Bank Corp raised its stake in shares of Kilroy Realty by 13.0% in the third quarter. M&T Bank Corp now owns 22,596 shares of the real estate investment trust's stock worth $875,000 after purchasing an additional 2,594 shares during the last quarter. Coldstream Capital Management Inc. bought a new position in Kilroy Realty during the 3rd quarter valued at about $203,000. Wilmington Savings Fund Society FSB purchased a new stake in Kilroy Realty in the third quarter worth approximately $34,000. Finally, Versant Capital Management Inc boosted its stake in shares of Kilroy Realty by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust's stock worth $105,000 after buying an additional 336 shares during the last quarter. 94.22% of the stock is owned by institutional investors.

Insider Transactions at Kilroy Realty

In related news, EVP John Osmond sold 4,000 shares of the firm's stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total transaction of $140,640.00. Following the completion of the transaction, the executive vice president now directly owns 12,528 shares in the company, valued at $440,484.48. This trade represents a 24.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider A. Robert Paratte sold 6,000 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $34.74, for a total transaction of $208,440.00. Following the completion of the transaction, the insider now directly owns 86,744 shares of the company's stock, valued at approximately $3,013,486.56. The trade was a 6.47 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.49% of the company's stock.

Wall Street Analysts Forecast Growth

KRC has been the subject of several recent research reports. KeyCorp cut their target price on shares of Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating for the company in a research report on Monday, March 31st. Barclays raised Kilroy Realty from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $42.00 to $44.00 in a research note on Thursday, February 27th. Mizuho reissued a "neutral" rating and issued a $43.00 price objective (down previously from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Wells Fargo & Company lowered Kilroy Realty from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $43.00 to $35.00 in a report on Monday, March 10th. Finally, Royal Bank of Canada dropped their price target on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $38.82.

Kilroy Realty Price Performance

NYSE:KRC traded up $0.58 during trading hours on Friday, hitting $31.81. 1,532,300 shares of the stock were exchanged, compared to its average volume of 1,212,702. The company has a market cap of $3.76 billion, a P/E ratio of 17.97 and a beta of 1.04. The firm's fifty day moving average price is $33.06 and its 200 day moving average price is $37.43. Kilroy Realty Co. has a 52-week low of $27.07 and a 52-week 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 announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating 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%. As a group, equities research analysts anticipate that Kilroy Realty Co. will post 4 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date was Monday, March 31st. Kilroy Realty's dividend payout ratio is currently 122.03%.

Kilroy Realty 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.