Proficio Capital Partners LLC Takes $1.40 Million Position in Kilroy Realty Co. (NYSE:KRC)

Proficio Capital Partners LLC bought a new position in Kilroy Realty Co. (NYSE:KRC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 34,706 shares of the real estate investment trust's stock, valued at approximately $1,404,000.

A number of other large investors have also made changes to their positions in KRC. Principal Financial Group Inc. grew its position in Kilroy Realty by 4.7% during the 4th quarter. Principal Financial Group Inc. now owns 4,862,310 shares of the real estate investment trust's stock worth $196,680,000 after purchasing an additional 218,163 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Kilroy Realty by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust's stock worth $84,045,000 after buying an additional 27,660 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Kilroy Realty by 428.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust's stock valued at $32,933,000 after buying an additional 689,962 shares in the last quarter. Victory Capital Management Inc. raised its position in Kilroy Realty by 585.2% during the third quarter. Victory Capital Management Inc. now owns 830,311 shares of the real estate investment trust's stock valued at $32,133,000 after buying an additional 709,126 shares during the period. Finally, abrdn plc lifted its stake in Kilroy Realty by 1,592.3% in the 4th quarter. abrdn plc now owns 400,404 shares of the real estate investment trust's stock worth $16,216,000 after acquiring an additional 376,743 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

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Insider Activity at Kilroy Realty

In other news, CEO Angela M. Aman acquired 2,797 shares of Kilroy Realty stock in a transaction on Friday, February 28th. The stock was bought at an average price of $35.45 per share, for a total transaction of $99,153.65. Following the transaction, the chief executive officer now owns 2,797 shares of the company's stock, valued at $99,153.65. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 2.49% of the stock is owned by corporate insiders.

Kilroy Realty Stock Performance

Shares of NYSE KRC traded down $0.14 during trading hours on Monday, hitting $33.18. 2,271,090 shares of the company's stock were exchanged, compared to its average volume of 1,448,285. The company's 50-day moving average price is $36.82 and its 200-day moving average price is $38.48. Kilroy Realty Co. has a 1-year low of $30.71 and a 1-year high of $43.78. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 18.74 and a beta of 1.02. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate 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 expect that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.51%. The ex-dividend date is Monday, March 31st. Kilroy Realty's dividend payout ratio is currently 122.03%.

Analyst Ratings Changes

Several research firms have weighed in on KRC. Jefferies Financial Group cut Kilroy Realty from a "buy" rating to a "hold" rating and lowered their target price for the company from $45.00 to $41.00 in a research note on Thursday, January 2nd. The Goldman Sachs Group dropped their price objective on shares of Kilroy Realty from $48.00 to $42.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Evercore ISI decreased their target price on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research note on Wednesday, February 12th. Barclays raised shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $42.00 to $44.00 in a research note on Thursday, February 27th. Finally, Royal Bank of Canada reduced their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating for the company in a research note on Monday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $40.73.

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.