Kilroy Realty Co. (NYSE:KRC) Stock Holdings Cut by Natixis Advisors LLC

Natixis Advisors LLC decreased its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 27.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 44,037 shares of the real estate investment trust's stock after selling 16,469 shares during the period. Natixis Advisors LLC's holdings in Kilroy Realty were worth $1,704,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. PGGM Investments boosted its position in shares of Kilroy Realty by 85.0% during the 2nd quarter. PGGM Investments now owns 3,015,046 shares of the real estate investment trust's stock worth $93,979,000 after purchasing an additional 1,385,692 shares in the last quarter. Swedbank AB purchased a new position in Kilroy Realty during the first quarter worth approximately $5,811,000. Waterfall Asset Management LLC acquired a new position in Kilroy Realty in the second quarter valued at $1,309,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Kilroy Realty by 18.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,162,748 shares of the real estate investment trust's stock valued at $115,220,000 after purchasing an additional 487,556 shares in the last quarter. Finally, CWA Asset Management Group LLC acquired a new position in Kilroy Realty during the third quarter valued at approximately $476,000. Hedge funds and other institutional investors own 94.22% of the company's stock.

Insider Activity

In other Kilroy Realty news, EVP John Osmond sold 2,628 shares of the firm's stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $40.00, for a total value of $105,120.00. Following the sale, the executive vice president now directly owns 8,818 shares in the company, valued at approximately $352,720. This trade represents a 22.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of Kilroy Realty stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total transaction of $117,420.00. Following the completion of the sale, the chief accounting officer now owns 26,401 shares in the company, valued at approximately $1,033,335.14. This represents a 10.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on KRC shares. Barclays boosted their price target on Kilroy Realty from $38.00 to $44.00 and gave the stock an "equal weight" rating in a research report on Monday, October 28th. Evercore ISI raised their price target on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a report on Wednesday, October 30th. Wells Fargo & Company cut their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating on the stock in a report on Wednesday, September 11th. Finally, Scotiabank downgraded 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 note on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Kilroy Realty currently has an average rating of "Hold" and a consensus target price of $39.43.

Kilroy Realty Stock Up 0.7 %

NYSE:KRC traded up $0.28 during mid-day trading on Tuesday, reaching $42.30. The stock had a trading volume of 583,095 shares, compared to its average volume of 1,053,803. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 25.17 and a beta of 1.03. Kilroy Realty Co. has a 1-year low of $29.72 and a 1-year high of $43.78. The stock's 50 day simple moving average is $39.88 and its two-hundred day simple moving average is $35.96.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly 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 net margin of 17.78% and a return on equity of 3.53%. The firm had revenue of $289.94 million during the quarter, compared to the consensus estimate of $275.77 million. During the same quarter last year, the firm posted $1.12 earnings per share. Kilroy Realty's revenue was up 2.2% compared to the same quarter last year. Equities analysts anticipate that Kilroy Realty Co. will post 4.41 EPS for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were given a $0.54 dividend. The ex-dividend date was Monday, September 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.11%. Kilroy Realty's payout ratio is currently 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.