Uniplan Investment Counsel Inc. Purchases Shares of 36,432 Kilroy Realty Co. (NYSE:KRC)

Uniplan Investment Counsel Inc. purchased a new stake in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 36,432 shares of the real estate investment trust's stock, valued at approximately $1,474,000.

Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in Kilroy Realty in the 3rd quarter worth approximately $34,000. Summit Securities Group LLC bought a new stake in shares of Kilroy Realty during the 4th quarter valued at $49,000. GAMMA Investing LLC lifted its stake in shares of Kilroy Realty by 25.4% during the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock valued at $75,000 after buying an additional 374 shares in the last quarter. Fifth Third Bancorp boosted its holdings in 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 worth $102,000 after buying an additional 607 shares during the period. Finally, Versant Capital Management Inc increased its stake in 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 buying an additional 336 shares in the last quarter. Institutional investors own 94.22% of the company's stock.

Insider Activity at Kilroy Realty

In other Kilroy Realty news, insider A. Robert Paratte sold 6,000 shares of Kilroy Realty stock in a transaction on Monday, March 24th. The stock was sold at an average price of $34.74, for a total transaction of $208,440.00. Following the completion of the sale, the insider now directly owns 86,744 shares of the company's stock, valued at $3,013,486.56. The trade was a 6.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John Osmond sold 4,000 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total value of $140,640.00. Following the completion of the sale, the executive vice president now owns 12,528 shares of the company's stock, valued at $440,484.48. This represents a 24.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.49% of the stock is owned by company insiders.

Kilroy Realty Price Performance

Shares of KRC stock opened at $32.16 on Wednesday. The stock has a 50 day moving average price of $32.84 and a 200 day moving average price of $37.30. Kilroy Realty Co. has a 52-week low of $27.07 and a 52-week high of $43.78. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a market capitalization of $3.80 billion, a P/E ratio of 18.17 and a beta of 1.04.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping 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%. As a group, sell-side analysts predict that Kilroy Realty Co. will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st were paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 6.72%. The ex-dividend date was Monday, March 31st. Kilroy Realty's dividend payout ratio is presently 122.03%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wells Fargo & Company cut Kilroy Realty from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $43.00 to $35.00 in a research report on Monday, March 10th. Evercore ISI reduced their price objective on shares of Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating on the stock in a research report on Wednesday, February 12th. Mizuho restated a "neutral" rating and set a $43.00 target price (down previously from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Royal Bank of Canada reduced their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a report on Monday, March 10th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating for the company in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $38.82.

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.

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