Zurcher Kantonalbank Zurich Cantonalbank Has $4.71 Million Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 25.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 116,506 shares of the real estate investment trust's stock after buying an additional 23,750 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.10% of Kilroy Realty worth $4,713,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Assetmark Inc. increased its stake in Kilroy Realty by 1.0% in the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust's stock valued at $1,037,000 after acquiring an additional 274 shares during the period. Victory Capital Management Inc. increased its stake in Kilroy Realty by 585.2% in the third quarter. Victory Capital Management Inc. now owns 830,311 shares of the real estate investment trust's stock valued at $32,133,000 after acquiring an additional 709,126 shares during the period. Metis Global Partners LLC increased its stake in Kilroy Realty by 29.7% in the third quarter. Metis Global Partners LLC now owns 10,878 shares of the real estate investment trust's stock valued at $421,000 after acquiring an additional 2,494 shares during the period. Pathstone Holdings LLC increased its stake in Kilroy Realty by 3.0% in the third quarter. Pathstone Holdings LLC now owns 41,149 shares of the real estate investment trust's stock valued at $1,604,000 after acquiring an additional 1,186 shares during the period. Finally, Commerce Bank grew its stake in Kilroy Realty by 3.0% during the third quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust's stock worth $448,000 after buying an additional 342 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Remove Ads

Kilroy Realty Trading Up 3.5 %

NYSE KRC traded up $1.13 during trading hours on Friday, hitting $33.15. The company's stock had a trading volume of 1,624,026 shares, compared to its average volume of 1,526,928. The stock has a fifty day moving average of $36.06 and a 200 day moving average of $38.35. Kilroy Realty Co. has a twelve month low of $30.71 and a twelve month high of $43.78. The firm has a market capitalization of $3.92 billion, a P/E ratio of 18.73 and a beta of 1.02. 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 (NYSE:KRC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be issued a $0.54 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.52%. Kilroy Realty's dividend payout ratio is currently 122.03%.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Royal Bank of Canada decreased their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Monday, March 10th. JPMorgan Chase & Co. raised shares of Kilroy Realty from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $45.00 to $49.00 in a research note on Friday, December 20th. Jefferies Financial Group cut shares of Kilroy Realty from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $45.00 to $41.00 in a research note on Thursday, January 2nd. Barclays raised shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $42.00 to $44.00 in a research note on Thursday, February 27th. Finally, Evercore ISI decreased 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 note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Kilroy Realty has an average rating of "Hold" and a consensus price target of $40.73.

Insider Activity at Kilroy Realty

In other news, CEO Angela M. Aman bought 2,797 shares of the business's stock in a transaction on Friday, February 28th. The shares were bought at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the completion of the acquisition, the chief executive officer now owns 2,797 shares in the company, valued at approximately $99,153.65. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.49% of the stock is currently owned by company 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.