GSI Capital Advisors LLC Sells 37,536 Shares of Kilroy Realty Co. (NYSE:KRC)

GSI Capital Advisors LLC lessened its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 32.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,138 shares of the real estate investment trust's stock after selling 37,536 shares during the quarter. Kilroy Realty comprises 1.7% of GSI Capital Advisors LLC's investment portfolio, making the stock its 25th largest position. GSI Capital Advisors LLC owned about 0.07% of Kilroy Realty worth $3,201,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC raised its position in shares of Kilroy Realty by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 2,066,597 shares of the real estate investment trust's stock valued at $83,616,000 after buying an additional 14,196 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Kilroy Realty by 4.8% during the fourth quarter. Franklin Resources Inc. now owns 148,691 shares of the real estate investment trust's stock worth $6,015,000 after acquiring an additional 6,840 shares in the last quarter. Summit Securities Group LLC bought a new stake in shares of Kilroy Realty in the 4th quarter worth approximately $49,000. Pictet Asset Management Holding SA boosted its stake in shares of Kilroy Realty by 4.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 38,520 shares of the real estate investment trust's stock valued at $1,558,000 after purchasing an additional 1,747 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its position in Kilroy Realty by 5.1% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 141,630 shares of the real estate investment trust's stock worth $5,729,000 after purchasing an additional 6,880 shares during the period. 94.22% of the stock is currently owned by institutional investors.

Kilroy Realty Stock Down 4.1 %

Shares of KRC traded down $1.22 during mid-day trading on Monday, reaching $28.78. The company had a trading volume of 1,185,648 shares, compared to its average volume of 1,554,751. Kilroy Realty Co. has a 52 week low of $27.80 and a 52 week high of $43.78. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 16.29 and a beta of 1.04. The firm has a 50-day moving average price of $34.76 and a 200 day moving average price of $38.10.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, topping 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%. On average, sell-side analysts forecast that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a $0.54 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 7.51%. Kilroy Realty's dividend payout ratio (DPR) is presently 122.03%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Wells Fargo & Company cut Kilroy Realty from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $43.00 to $35.00 in a report on Monday, March 10th. Barclays raised shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $42.00 to $44.00 in a research report on Thursday, February 27th. Evercore ISI reduced their price target on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a report on Wednesday, February 12th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $36.00 price objective (down previously from $42.00) on shares of Kilroy Realty in a report on Friday, March 28th. Finally, Jefferies Financial Group assumed coverage on shares of Kilroy Realty in a research report on Monday, March 17th. They set a "hold" rating and a $34.00 price objective on the stock. 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 stock. According to data from MarketBeat.com, Kilroy Realty presently has an average rating of "Hold" and an average target price of $38.82.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, CEO Angela M. Aman purchased 2,797 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was purchased at an average price of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the purchase, the chief executive officer now directly owns 2,797 shares of the company's stock, valued at $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider A. Robert Paratte sold 6,000 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $34.74, for a total value of $208,440.00. Following the sale, the insider now directly owns 86,744 shares in the company, valued at $3,013,486.56. This trade represents a 6.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.49% of the company's stock.

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.