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

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

Other large investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in Kilroy Realty in the third quarter valued at $34,000. GAMMA Investing LLC grew its stake in shares of Kilroy Realty by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust's stock worth $75,000 after purchasing an additional 374 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Kilroy Realty by 31.7% in the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust's stock valued at $102,000 after buying an additional 607 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Kilroy Realty by 14.8% during the 4th 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 last quarter. Finally, KBC Group NV boosted its stake 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 acquiring an additional 1,694 shares in the last quarter. Institutional investors own 94.22% of the company's stock.

Insider Activity at Kilroy Realty

In other news, CEO Angela M. Aman acquired 2,797 shares of Kilroy Realty stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the purchase, the chief executive officer now owns 2,797 shares of the company's stock, valued at $99,153.65. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, insider A. Robert Paratte sold 6,000 shares of the company's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $34.74, for a total transaction of $208,440.00. Following the sale, the insider now owns 86,744 shares of the company's stock, valued at $3,013,486.56. This trade represents a 6.47 % 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 Stock Down 0.1 %

KRC traded down $0.04 during trading on Monday, reaching $32.67. 538,308 shares of the stock traded hands, compared to its average volume of 1,141,262. 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 Co. has a fifty-two week low of $30.71 and a fifty-two week high of $43.78. The stock's 50-day simple moving average is $35.43 and its two-hundred day simple moving average is $38.31. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 18.40 and a beta of 1.02.

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, 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%. As a group, equities research analysts expect that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.61%. Kilroy Realty's dividend payout ratio (DPR) is currently 122.03%.

Wall Street Analyst Weigh In

KRC has been the topic of a number of recent analyst reports. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $36.00 target price (down from $42.00) on shares of Kilroy Realty in a research report on Friday. Wells Fargo & Company downgraded Kilroy Realty from an "overweight" rating to an "equal weight" rating and cut their price objective for the stock from $43.00 to $35.00 in a report on Monday, March 10th. Royal Bank of Canada dropped their target price on shares of 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. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their price target for the company from $45.00 to $49.00 in a research report on Friday, December 20th. Finally, Evercore ISI lowered 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Kilroy Realty currently has a consensus rating of "Hold" and an average target price of $39.45.

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.