Kilroy Realty Co. (NYSE:KRC) Position Raised by Green Alpha Advisors LLC

Green Alpha Advisors LLC raised its holdings in shares of Kilroy Realty Co. (NYSE:KRC) by 21.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,926 shares of the real estate investment trust’s stock after buying an additional 10,126 shares during the quarter. Kilroy Realty comprises about 1.8% of Green Alpha Advisors LLC’s holdings, making the stock its 8th largest position. Green Alpha Advisors LLC’s holdings in Kilroy Realty were worth $2,303,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in KRC. Wilmington Savings Fund Society FSB purchased a new stake in shares of Kilroy Realty during the 3rd quarter valued at $34,000. UMB Bank n.a. increased its position in shares of Kilroy Realty by 126.5% during the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 540 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Kilroy Realty during the second quarter worth approximately $46,000. Quarry LP bought a new stake in Kilroy Realty in the second quarter worth $55,000. Finally, GAMMA Investing LLC lifted its stake in shares of Kilroy Realty by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 371 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total value of $507,360.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.49% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Mizuho reaffirmed 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. Evercore ISI boosted their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Jefferies Financial Group lowered 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 report on Thursday, January 2nd. Scotiabank cut shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target on the stock. in a research report on Thursday, November 14th. Finally, Barclays raised their price objective on shares of Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. One 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $40.90.

Kilroy Realty Price Performance

Shares of KRC opened at $35.59 on Monday. Kilroy Realty Co. has a fifty-two week low of $30.71 and a fifty-two week high of $43.78. The firm’s 50-day simple moving average is $40.30 and its two-hundred day simple moving average is $37.81. The stock has a market cap of $4.20 billion, a PE ratio of 21.31 and a beta of 1.02. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08.

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

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 31st were given a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 6.07%. The ex-dividend date was Tuesday, December 31st. Kilroy Realty’s dividend payout ratio 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.