Kilroy Realty Co. (NYSE:KRC) Stake Raised by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management lifted its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 19.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 84,998 shares of the real estate investment trust's stock after acquiring an additional 14,029 shares during the quarter. Hanson & Doremus Investment Management owned 0.07% of Kilroy Realty worth $2,649,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fidelis Capital Partners LLC bought a new stake in Kilroy Realty in the first quarter valued at about $26,000. Wiser Advisor Group LLC increased its holdings in Kilroy Realty by 67.5% in the first quarter. Wiser Advisor Group LLC now owns 757 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 305 shares during the last quarter. Principal Securities Inc. bought a new stake in Kilroy Realty in the fourth quarter valued at about $33,000. Blue Trust Inc. increased its holdings in Kilroy Realty by 1,322.9% in the second quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust's stock valued at $43,000 after buying an additional 1,270 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in Kilroy Realty by 2,510.7% in the second quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 1,406 shares during the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on KRC. Scotiabank decreased their target price on Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating for the company in a research note on Wednesday, August 7th. Wells Fargo & Company decreased their target price on Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft decreased their target price on Kilroy Realty from $40.00 to $34.00 and set a "hold" rating for the company in a research note on Thursday, May 30th. Finally, KeyCorp decreased their price objective on Kilroy Realty from $45.00 to $42.00 and set an "overweight" rating for the company in a report on Tuesday, July 2nd. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $38.30.

Kilroy Realty Price Performance

Shares of Kilroy Realty stock traded up $1.41 during trading on Friday, hitting $36.59. The stock had a trading volume of 883,123 shares, compared to its average volume of 1,018,457. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.61 and a quick ratio of 3.61. The firm has a market cap of $4.30 billion, a P/E ratio of 21.03 and a beta of 1.04. The business has a fifty day moving average of $34.79 and a two-hundred day moving average of $34.14. Kilroy Realty Co. has a fifty-two week low of $26.78 and a fifty-two week high of $43.37.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.67). Kilroy Realty had a net margin of 17.91% and a return on equity of 3.52%. The firm had revenue of $280.73 million during the quarter, compared to analyst estimates of $276.81 million. During the same quarter last year, the company earned $1.19 EPS. The company's quarterly revenue was down 1.2% compared to the same quarter last year. On average, sell-side analysts expect that Kilroy Realty Co. will post 4.25 earnings per share for the current fiscal year.

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.