UniSuper Management Pty Ltd Sells 64,100 Shares of Kilroy Realty Co. (NYSE:KRC)

UniSuper Management Pty Ltd decreased its position in Kilroy Realty Co. (NYSE:KRC - Free Report) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540,578 shares of the real estate investment trust's stock after selling 64,100 shares during the quarter. UniSuper Management Pty Ltd owned approximately 0.46% of Kilroy Realty worth $21,866,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of KRC. Wilmington Savings Fund Society FSB bought a new stake in shares of Kilroy Realty in the third quarter valued at $34,000. GAMMA Investing LLC grew its position in shares of Kilroy Realty by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock valued at $75,000 after purchasing an additional 374 shares in the last quarter. Fifth Third Bancorp boosted its stake 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 purchasing an additional 607 shares during the period. Versant Capital Management Inc boosted its position in shares of Kilroy Realty by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust's stock valued at $105,000 after acquiring an additional 336 shares during the period. Finally, KBC Group NV increased its holdings in shares of Kilroy Realty by 54.2% in the fourth 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 during the period. Institutional investors own 94.22% of the company's stock.

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Kilroy Realty Stock Down 2.8 %

KRC stock traded down $0.98 during midday trading on Friday, hitting $33.26. The company's stock had a trading volume of 1,690,891 shares, compared to its average volume of 1,143,460. The company has a market cap of $3.93 billion, a PE ratio of 18.79 and a beta of 1.02. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82. Kilroy Realty Co. has a 12 month low of $30.71 and a 12 month high of $43.78. The firm's 50-day moving average is $35.43 and its 200-day moving average is $38.28.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS 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%. On average, equities research analysts forecast that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be given a dividend of $0.54 per share. The ex-dividend date is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.50%. Kilroy Realty's dividend payout ratio (DPR) is 122.03%.

Analyst Ratings Changes

KRC has been the subject of several research reports. Evercore ISI lowered their price objective on Kilroy Realty from $43.00 to $41.00 and set an "in-line" rating for the company in a research report on Wednesday, February 12th. Mizuho reissued a "neutral" rating and issued a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Wells Fargo & Company lowered Kilroy Realty from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $43.00 to $35.00 in a research report on Monday, March 10th. Royal Bank of Canada cut their price objective 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. Finally, The Goldman Sachs Group restated a "neutral" rating and set a $36.00 target price (down previously from $42.00) on shares of Kilroy Realty in a report on Friday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $39.55.

Insider Activity at Kilroy Realty

In other Kilroy Realty news, CEO Angela M. Aman acquired 2,797 shares of the company's stock in a transaction dated Friday, February 28th. The stock was purchased at an average price of $35.45 per share, with a total value of $99,153.65. Following the completion of the purchase, the chief executive officer now directly owns 2,797 shares in the company, valued at approximately $99,153.65. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John Osmond sold 4,000 shares of the business's stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 12,528 shares in the company, valued at approximately $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 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.