Kilroy Realty Co. (NYSE:KRC) Shares Acquired by Verition Fund Management LLC

Verition Fund Management LLC lifted its holdings in Kilroy Realty Co. (NYSE:KRC - Free Report) by 77.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 280,646 shares of the real estate investment trust's stock after buying an additional 122,616 shares during the quarter. Verition Fund Management LLC owned approximately 0.24% of Kilroy Realty worth $10,861,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Assetmark Inc. lifted its position in shares of Kilroy Realty by 1.0% during the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust's stock worth $1,037,000 after purchasing an additional 274 shares during the last quarter. FMR LLC increased its stake in Kilroy Realty by 2.2% in the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust's stock worth $588,000 after buying an additional 329 shares during the period. Commerce Bank lifted its holdings in Kilroy Realty by 3.0% during the 3rd quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust's stock valued at $448,000 after buying an additional 342 shares in the last quarter. GAMMA Investing LLC boosted its position in Kilroy Realty by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 371 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in Kilroy Realty by 6.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,765 shares of the real estate investment trust's stock worth $210,000 after acquiring an additional 383 shares in the last quarter. 94.22% of the stock is owned by institutional investors.

Kilroy Realty Stock Down 1.2 %

Shares of NYSE:KRC traded down $0.52 on Friday, reaching $41.53. The company had a trading volume of 669,168 shares, compared to its average volume of 1,008,129. The firm has a market capitalization of $4.90 billion, a PE ratio of 24.87 and a beta of 1.03. The company has a current ratio of 3.08, a quick 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 firm's 50 day simple moving average is $40.06 and its 200-day simple moving average is $36.16.

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 (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.60). The company 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%. Kilroy Realty's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 EPS. As a group, analysts expect that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Investors of record on Monday, September 30th were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.20%. Kilroy Realty's payout ratio is 129.34%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Evercore ISI lifted their price target on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Scotiabank lowered 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. Wells Fargo & Company lowered their target price on Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating for the company in a report on Wednesday, September 11th. Finally, Barclays raised their price target on Kilroy Realty from $38.00 to $44.00 and gave the company an "equal weight" rating in a research note on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $39.43.

Insider Buying and Selling at Kilroy Realty

In related news, EVP John Osmond sold 2,628 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the completion of the sale, the executive vice president now directly owns 8,818 shares in the company, valued at $352,720. This trade represents a 22.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total transaction of $117,420.00. Following the transaction, the chief accounting officer now owns 26,401 shares in the company, valued at $1,033,335.14. The trade was a 10.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,628 shares of company stock worth $729,900 over the last three months. Corporate insiders own 2.49% of the company's stock.

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.