Great West Life Assurance Co. Can increased its holdings in shares of Kilroy Realty Corporation (NYSE:KRC) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 126,667 shares of the real estate investment trust’s stock after buying an additional 1,926 shares during the period. Great West Life Assurance Co. Can owned about 0.13% of Kilroy Realty worth $8,890,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Canada Pension Plan Investment Board purchased a new stake in Kilroy Realty during the 3rd quarter worth approximately $12,425,000. Timbercreek Asset Management Ltd. grew its holdings in Kilroy Realty by 55.9% during the 2nd quarter. Timbercreek Asset Management Ltd. now owns 144,476 shares of the real estate investment trust’s stock worth $10,857,000 after acquiring an additional 51,781 shares in the last quarter. South Dakota Investment Council acquired a new position in Kilroy Realty during the 2nd quarter worth approximately $932,000. Virtu KCG Holdings LLC grew its holdings in Kilroy Realty by 134.4% during the 2nd quarter. Virtu KCG Holdings LLC now owns 7,099 shares of the real estate investment trust’s stock worth $533,000 after acquiring an additional 4,071 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in Kilroy Realty by 6.6% during the 2nd quarter. Lazard Asset Management LLC now owns 176,073 shares of the real estate investment trust’s stock worth $13,231,000 after acquiring an additional 10,920 shares in the last quarter. 97.86% of the stock is currently owned by hedge funds and other institutional investors.
Several brokerages have recently issued reports on KRC. Zacks Investment Research upgraded shares of Kilroy Realty from a “sell” rating to a “hold” rating in a report on Saturday, October 28th. BidaskClub upgraded shares of Kilroy Realty from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Goldman Sachs Group began coverage on shares of Kilroy Realty in a report on Tuesday, September 19th. They issued a “neutral” rating and a $70.00 target price for the company. Stifel Nicolaus restated a “buy” rating and issued a $77.00 target price on shares of Kilroy Realty in a report on Thursday, September 21st. Finally, KeyCorp restated a “hold” rating on shares of Kilroy Realty in a report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $77.43.
Shares of Kilroy Realty Corporation (KRC) traded down $0.80 during trading on Wednesday, reaching $74.41. 533,600 shares of the company’s stock were exchanged, compared to its average volume of 562,061. The stock has a market cap of $7,399.33, a P/E ratio of 21.93, a P/E/G ratio of 2.97 and a beta of 0.79. 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 Corporation has a 52 week low of $67.00 and a 52 week high of $78.33.
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). The firm had revenue of $181.50 million for the quarter, compared to analysts’ expectations of $179.03 million. Kilroy Realty had a return on equity of 4.44% and a net margin of 23.77%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS. equities analysts anticipate that Kilroy Realty Corporation will post 3.52 EPS for the current year.
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Kilroy Realty 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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