Thrivent Financial For Lutherans increased its holdings in Kilroy Realty Corp (NYSE:KRC) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 73,358 shares of the real estate investment trust’s stock after purchasing an additional 2,144 shares during the period. Thrivent Financial For Lutherans owned approximately 0.07% of Kilroy Realty worth $5,476,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of KRC. MANA Advisors LLC purchased a new stake in shares of Kilroy Realty during the fourth quarter valued at about $219,000. Chilton Capital Management LLC lifted its position in shares of Kilroy Realty by 3.8% during the fourth quarter. Chilton Capital Management LLC now owns 223,229 shares of the real estate investment trust’s stock valued at $16,664,000 after buying an additional 8,263 shares during the last quarter. HGI Capital Management LLC lifted its position in shares of Kilroy Realty by 30.5% during the fourth quarter. HGI Capital Management LLC now owns 38,187 shares of the real estate investment trust’s stock valued at $2,851,000 after buying an additional 8,936 shares during the last quarter. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Kilroy Realty during the fourth quarter valued at about $6,015,000. Finally, Alliancebernstein L.P. lifted its position in shares of Kilroy Realty by 177.9% during the fourth quarter. Alliancebernstein L.P. now owns 317,688 shares of the real estate investment trust’s stock valued at $23,715,000 after buying an additional 203,370 shares during the last quarter. Institutional investors and hedge funds own 97.80% of the company’s stock.
Shares of NYSE:KRC traded down $0.79 during midday trading on Friday, reaching $69.49. 278,878 shares of the company’s stock traded hands, compared to its average volume of 509,324. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $6,938.13, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 2.80 and a beta of 0.67. Kilroy Realty Corp has a 1 year low of $62.91 and a 1 year high of $77.70.
Kilroy Realty (NYSE:KRC) last announced its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.85 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.85. The company had revenue of $177.56 million for the quarter, compared to analyst estimates of $176.64 million. Kilroy Realty had a return on equity of 4.22% and a net margin of 22.90%. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.87 EPS. sell-side analysts expect that Kilroy Realty Corp will post 3.55 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Thursday, March 29th will be issued a $0.425 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.45%. Kilroy Realty’s payout ratio is currently 50.00%.
KRC has been the subject of several research analyst reports. BMO Capital Markets reaffirmed a “buy” rating and issued a $79.00 price objective on shares of Kilroy Realty in a research report on Tuesday, January 9th. Zacks Investment Research lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Thursday, February 15th. Robert W. Baird set a $75.00 price target on shares of Kilroy Realty and gave the stock a “hold” rating in a report on Monday, February 5th. JPMorgan Chase downgraded shares of Kilroy Realty from an “overweight” rating to a “neutral” rating and set a $79.00 price target on the stock. in a report on Friday, December 15th. Finally, Citigroup upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and set a $77.00 price target on the stock in a report on Tuesday, February 27th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Kilroy Realty currently has a consensus rating of “Hold” and an average target price of $76.30.
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About Kilroy Realty
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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