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

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

Other large investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Kilroy Realty in the 3rd quarter worth approximately $34,000. GAMMA Investing LLC raised its stake in Kilroy Realty by 25.4% during the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock worth $75,000 after acquiring an additional 374 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Kilroy Realty by 31.7% in the 4th quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust's stock valued at $102,000 after purchasing an additional 607 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Kilroy Realty by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust's stock worth $105,000 after purchasing an additional 336 shares during the last quarter. Finally, KBC Group NV increased its position in shares of Kilroy Realty by 54.2% during the 4th quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust's stock worth $195,000 after purchasing an additional 1,694 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Trading Up 1.9 %

KRC stock traded up $0.66 during midday trading on Monday, reaching $35.03. The stock had a trading volume of 1,891,535 shares, compared to its average volume of 1,097,577. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82. Kilroy Realty Co. has a twelve month low of $30.71 and a twelve month high of $43.78. The firm has a market cap of $4.14 billion, a price-to-earnings ratio of 19.79 and a beta of 1.02. The business has a fifty day simple moving average of $35.76 and a two-hundred day simple moving average of $38.32.

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Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. As a group, research analysts expect that Kilroy Realty Co. will post 4 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.17%. Kilroy Realty's dividend payout ratio (DPR) is presently 122.03%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on KRC shares. Mizuho reaffirmed a "neutral" rating and set a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Royal Bank of Canada decreased their price target on Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research report on Monday, March 10th. Jefferies Financial Group initiated coverage on Kilroy Realty in a research note on Monday, March 17th. They issued a "hold" rating and a $34.00 price objective on the stock. Evercore ISI lowered their target price on 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. Finally, JPMorgan Chase & Co. raised Kilroy Realty from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $45.00 to $49.00 in a report on Friday, December 20th. 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, Kilroy Realty currently has a consensus rating of "Hold" and a consensus price target of $40.09.

Insider Activity at Kilroy Realty

In related news, CEO Angela M. Aman acquired 2,797 shares of the business's stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of $35.45 per share, with a total value 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.49% of the stock is currently owned by corporate insiders.

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.