BNP Paribas Arbitrage SA trimmed its position in Kilroy Realty Corporation (NYSE:KRC) by 5.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,850 shares of the real estate investment trust’s stock after selling 3,822 shares during the quarter. BNP Paribas Arbitrage SA owned about 0.06% of Kilroy Realty worth $4,541,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Kilroy Realty by 2.7% in the 2nd quarter. Vanguard Group Inc. now owns 15,346,920 shares of the real estate investment trust’s stock worth $1,153,321,000 after acquiring an additional 406,523 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Kilroy Realty by 1.4% in the 2nd quarter. BlackRock Inc. now owns 11,298,274 shares of the real estate investment trust’s stock worth $849,067,000 after acquiring an additional 151,580 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Kilroy Realty by 6.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 4,678,028 shares of the real estate investment trust’s stock worth $351,554,000 after acquiring an additional 285,640 shares during the last quarter. State Street Corp lifted its holdings in shares of Kilroy Realty by 0.6% in the 2nd quarter. State Street Corp now owns 4,279,346 shares of the real estate investment trust’s stock worth $321,602,000 after acquiring an additional 27,475 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Kilroy Realty by 17.8% in the 3rd quarter. Principal Financial Group Inc. now owns 3,996,409 shares of the real estate investment trust’s stock worth $284,224,000 after acquiring an additional 602,993 shares during the last quarter. Institutional investors own 97.86% of the company’s stock.
Kilroy Realty Corporation (KRC) traded down $0.37 during trading on Monday, reaching $75.21. 388,287 shares of the company’s stock were exchanged, compared to its average volume of 562,183. The firm has a market cap of $7,435.73, a price-to-earnings ratio of 22.03, a PEG ratio of 2.99 and a beta of 0.79. Kilroy Realty Corporation has a 12 month low of $67.00 and a 12 month high of $78.33. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.85 and a current ratio of 1.85.
Kilroy Realty (NYSE:KRC) last announced its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.67 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.19). Kilroy Realty had a net margin of 23.77% and a return on equity of 4.44%. The firm had revenue of $181.50 million during the quarter, compared to analysts’ expectations of $179.03 million. During the same period in the prior year, the company posted $0.92 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. analysts predict that Kilroy Realty Corporation will post 3.52 EPS for the current year.
Several equities analysts have recently commented on the stock. Evercore ISI upgraded shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $78.00 price objective on the stock in a report on Monday, August 14th. Stifel Nicolaus reiterated a “buy” rating and set a $77.00 target price on shares of Kilroy Realty in a report on Thursday, September 21st. Zacks Investment Research lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. BidaskClub upgraded shares of Kilroy Realty from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Finally, Bank of America lowered shares of Kilroy Realty from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $80.00 to $77.00 in a report on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $77.43.
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Kilroy Realty Company Profile
Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.
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