37,806 Shares in Kilroy Realty Co. (NYSE:KRC) Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. acquired a new position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,806 shares of the real estate investment trust's stock, valued at approximately $1,178,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Renaissance Technologies LLC lifted its position in Kilroy Realty by 639.6% in the 2nd quarter. Renaissance Technologies LLC now owns 314,700 shares of the real estate investment trust's stock valued at $9,809,000 after acquiring an additional 272,148 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Kilroy Realty by 2.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,720,268 shares of the real estate investment trust's stock worth $53,622,000 after buying an additional 42,811 shares during the period. Hanson & Doremus Investment Management raised its stake in Kilroy Realty by 19.8% in the 2nd quarter. Hanson & Doremus Investment Management now owns 84,998 shares of the real estate investment trust's stock worth $2,649,000 after purchasing an additional 14,029 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Kilroy Realty by 3.8% in the second quarter. Federated Hermes Inc. now owns 1,374,826 shares of the real estate investment trust's stock valued at $42,853,000 after buying an additional 50,619 shares during the period. Finally, Headlands Technologies LLC bought a new position in shares of Kilroy Realty in the second quarter worth $46,000. Institutional investors and hedge funds own 94.22% of the company's stock.

Insider Activity at Kilroy Realty

In related news, CAO Merryl Elizabeth Werber sold 3,000 shares of the 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 completion of the sale, the chief accounting officer now owns 26,401 shares of the company's stock, valued at $1,033,335.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP John Osmond sold 2,628 shares of the company's stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $40.00, for a total value of $105,120.00. Following the completion of the transaction, the executive vice president now owns 8,818 shares of the company's stock, valued at approximately $352,720. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. KeyCorp cut their price objective on Kilroy Realty from $45.00 to $42.00 and set an "overweight" rating on the stock in a report on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Kilroy Realty from $40.00 to $34.00 and set a "hold" rating for the company in a research report on Thursday, May 30th. Evercore ISI upped their price target on Kilroy Realty from $38.00 to $40.00 and gave the stock an "in-line" rating in a research note on Monday, September 16th. Wells Fargo & Company dropped their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating on the stock in a research note on Wednesday, September 11th. Finally, Scotiabank cut their target price on Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating on the stock in a research report on Wednesday, August 7th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Kilroy Realty currently has an average rating of "Hold" and an average price target of $38.40.

Kilroy Realty Stock Performance

NYSE:KRC traded down $0.80 on Friday, hitting $39.99. The stock had a trading volume of 2,848,105 shares, compared to its average volume of 1,054,660. The company has a quick ratio of 3.61, a current ratio of 3.61 and a debt-to-equity ratio of 0.91. Kilroy Realty Co. has a 52-week low of $26.78 and a 52-week high of $43.37. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 22.98 and a beta of 1.04. The business's 50-day simple moving average is $35.42 and its two-hundred day simple moving average is $34.24.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results on Wednesday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $276.81 million. During the same quarter in the prior year, the company posted $1.19 earnings per share. The firm's revenue was down 1.2% compared to the same quarter last year. As a group, research analysts predict that Kilroy Realty Co. will post 4.25 earnings per share for the current year.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Monday, September 30th will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date of this dividend is Monday, September 30th. Kilroy Realty's dividend payout ratio (DPR) is presently 124.14%.

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.