Kilroy Realty Co. (NYSE:KRC) Position Raised by Vert Asset Management LLC

Vert Asset Management LLC lifted its position in shares of Kilroy Realty Co. (NYSE:KRC) by 13.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 46,000 shares of the real estate investment trust’s stock after acquiring an additional 5,419 shares during the period. Vert Asset Management LLC’s holdings in Kilroy Realty were worth $1,861,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of KRC. CWA Asset Management Group LLC bought a new stake in shares of Kilroy Realty during the third quarter valued at approximately $476,000. Vestcor Inc raised its stake in Kilroy Realty by 289.0% during the 3rd quarter. Vestcor Inc now owns 34,313 shares of the real estate investment trust’s stock valued at $1,328,000 after acquiring an additional 25,492 shares in the last quarter. International Assets Investment Management LLC boosted its position in Kilroy Realty by 4,454.4% during the 3rd quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust’s stock worth $518,000 after acquiring an additional 13,096 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Kilroy Realty by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust’s stock worth $84,045,000 after purchasing an additional 27,660 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Kilroy Realty by 428.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust’s stock valued at $32,933,000 after purchasing an additional 689,962 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Scotiabank lowered 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 report on Thursday, November 14th. Evercore ISI increased their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Jefferies Financial Group cut Kilroy Realty from a “buy” rating to a “hold” rating and dropped their target price for the stock from $45.00 to $41.00 in a report on Thursday, January 2nd. Mizuho reaffirmed a “neutral” rating and set a $43.00 price target (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. raised Kilroy Realty from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $45.00 to $49.00 in a research note on Friday, December 20th. One equities 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. Based on data from MarketBeat.com, Kilroy Realty presently has a consensus rating of “Hold” and a consensus price target of $40.80.

Insider Buying and Selling

In related news, insider Heidi Rena Roth sold 12,000 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the transaction, the insider now directly owns 50,211 shares of the company’s stock, valued at approximately $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.49% of the company’s stock.

Kilroy Realty Stock Up 2.1 %

Shares of Kilroy Realty stock opened at $39.68 on Tuesday. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. Kilroy Realty Co. has a 12-month low of $30.71 and a 12-month high of $43.78. The firm has a market capitalization of $4.68 billion, a PE ratio of 23.76 and a beta of 1.02. The stock’s fifty day moving average is $39.91 and its 200-day moving average is $38.26.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). The firm had revenue of $289.94 million for the quarter, compared to analysts’ expectations of $275.77 million. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. Kilroy Realty’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.12 earnings per share. Equities analysts anticipate that Kilroy Realty Co. will post 4.41 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were given a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 5.44%. Kilroy Realty’s dividend payout ratio (DPR) is presently 129.34%.

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.