Kilroy Realty Co. (NYSE:KRC) CEO Angela M. Aman Buys 2,797 Shares

Kilroy Realty Co. (NYSE:KRC) CEO Angela M. Aman bought 2,797 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was acquired at an average price of $35.45 per share, for a total transaction of $99,153.65. Following the acquisition, the chief executive officer now directly owns 2,797 shares in the company, valued at $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Kilroy Realty Stock Up 0.5 %

Shares of Kilroy Realty stock opened at $35.72 on Friday. The stock has a market capitalization of $4.22 billion, a P/E ratio of 20.18 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. The stock has a 50 day moving average price of $37.59 and a two-hundred day moving average price of $38.45. Kilroy Realty Co. has a 12-month low of $30.71 and a 12-month high of $43.78.

Kilroy Realty (NYSE:KRC) last issued 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 return on equity of 3.75% and a net margin of 18.58%. Equities analysts expect that Kilroy Realty Co. will post 4 earnings per share for the current year.

Kilroy Realty Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.05%. Kilroy Realty’s dividend payout ratio (DPR) is presently 122.03%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating and upped their target price for the company from $45.00 to $49.00 in a report on Friday, December 20th. Mizuho reiterated a “neutral” rating and issued a $43.00 target price (down previously from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Evercore ISI lowered their price target on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating for the company in a research note on Wednesday, February 12th. Barclays raised Kilroy Realty from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $42.00 to $44.00 in a research note on Thursday. Finally, The Goldman Sachs Group lowered their price target on Kilroy Realty from $48.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $41.45.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Norges Bank acquired a new position in shares of Kilroy Realty in the fourth quarter valued at $366,356,000. Rush Island Management LP acquired a new position in shares of Kilroy Realty in the fourth quarter valued at $109,502,000. Bamco Inc. NY acquired a new position in shares of Kilroy Realty in the fourth quarter valued at $58,747,000. Northern Trust Corp raised its stake in shares of Kilroy Realty by 107.5% in the fourth quarter. Northern Trust Corp now owns 2,096,471 shares of the real estate investment trust’s stock valued at $84,802,000 after purchasing an additional 1,085,914 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Kilroy Realty by 1,226.2% in the fourth quarter. Deutsche Bank AG now owns 815,491 shares of the real estate investment trust’s stock valued at $32,987,000 after purchasing an additional 753,999 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

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.