Sarasin & Partners LLP Has $2.50 Million Stock Position in Kilroy Realty Co. (NYSE:KRC)

Sarasin & Partners LLP lowered its stake in Kilroy Realty Co. (NYSE:KRC - Free Report) by 11.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,900 shares of the real estate investment trust's stock after selling 7,787 shares during the period. Sarasin & Partners LLP owned approximately 0.05% of Kilroy Realty worth $2,504,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in KRC. HF Advisory Group LLC boosted its position in Kilroy Realty by 39.2% during the fourth quarter. HF Advisory Group LLC now owns 39,043 shares of the real estate investment trust's stock worth $1,579,000 after purchasing an additional 10,985 shares during the period. Aaron Wealth Advisors LLC lifted its stake in shares of Kilroy Realty by 20.7% in the fourth quarter. Aaron Wealth Advisors LLC now owns 7,039 shares of the real estate investment trust's stock worth $285,000 after buying an additional 1,207 shares during the last quarter. Kera Capital Partners Inc. bought a new stake in shares of Kilroy Realty during the 4th quarter worth $261,000. Green Alpha Advisors LLC grew its stake in Kilroy Realty by 21.6% in the 4th quarter. Green Alpha Advisors LLC now owns 56,926 shares of the real estate investment trust's stock valued at $2,303,000 after buying an additional 10,126 shares during the last quarter. Finally, Oliver Luxxe Assets LLC grew its stake in Kilroy Realty by 4.3% in the 4th quarter. Oliver Luxxe Assets LLC now owns 61,960 shares of the real estate investment trust's stock valued at $2,506,000 after buying an additional 2,578 shares during the last quarter. Institutional investors own 94.22% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KRC. Jefferies Financial Group cut shares of Kilroy Realty from a "buy" rating to a "hold" rating and decreased their price target for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. Barclays lowered their target price on Kilroy Realty from $44.00 to $43.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. upgraded Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $45.00 to $49.00 in a report on Friday, December 20th. Mizuho restated a "neutral" rating and issued a $43.00 price objective (down previously from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Finally, Scotiabank cut shares of 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 research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $40.80.

Kilroy Realty Price Performance

Shares of KRC stock traded up $0.71 during mid-day trading on Monday, reaching $38.97. The company's stock had a trading volume of 1,081,931 shares, compared to its average volume of 1,014,502. The firm's 50-day moving average is $40.03 and its two-hundred day moving average is $38.03. The company has a market cap of $4.60 billion, a P/E ratio of 23.33 and a beta of 1.02. Kilroy Realty Co. has a 1-year low of $30.71 and a 1-year high of $43.78. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.60). The business had revenue of $289.94 million during the quarter, compared to analyst estimates of $275.77 million. Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The business's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the company earned $1.12 EPS. On average, research analysts predict that Kilroy Realty Co. will post 4.42 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 5.54%. The ex-dividend date was Tuesday, December 31st. Kilroy Realty's dividend payout ratio is 129.34%.

Insider Buying and Selling at Kilroy Realty

In related news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the transaction, the insider now directly owns 50,211 shares of the company's stock, valued at $2,122,921.08. This trade represents a 19.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 2.49% of the company's stock.

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.