Kilroy Realty Co. (NYSE:KRC) Shares Purchased by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board lifted its position in Kilroy Realty Co. (NYSE:KRCFree Report) by 11.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,660 shares of the real estate investment trust’s stock after purchasing an additional 7,298 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Kilroy Realty were worth $2,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in KRC. Norges Bank purchased a new stake in Kilroy Realty in the 4th quarter worth $360,831,000. Venture Visionary Partners LLC purchased a new stake in Kilroy Realty in the 4th quarter worth $1,556,000. Wellington Management Group LLP purchased a new stake in Kilroy Realty in the 3rd quarter worth $25,093,000. Rush Island Management LP purchased a new stake in Kilroy Realty in the 3rd quarter worth $35,572,000. Finally, Los Angeles Capital Management LLC purchased a new stake in Kilroy Realty in the 4th quarter worth $1,356,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Trading Down 2.5 %

NYSE KRC traded down $0.84 during trading hours on Thursday, reaching $32.85. The company had a trading volume of 292,588 shares, compared to its average volume of 1,049,941. The stock has a 50-day moving average of $34.40 and a 200 day moving average of $35.70. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 0.91. Kilroy Realty Co. has a 1-year low of $26.12 and a 1-year high of $43.37. The stock has a market capitalization of $3.86 billion, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 2.53 and a beta of 1.02.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Friday, March 29th were paid a $0.54 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $2.16 annualized dividend and a yield of 6.58%. Kilroy Realty’s dividend payout ratio is currently 124.14%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. KeyCorp dropped their target price on shares of Kilroy Realty from $47.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Kilroy Realty in a report on Tuesday, January 30th. They set a “hold” rating and a $40.00 target price for the company. Royal Bank of Canada lowered shares of Kilroy Realty from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $44.00 to $39.00 in a report on Friday, March 8th. Finally, Barclays assumed coverage on shares of Kilroy Realty in a report on Wednesday, March 27th. They set an “equal weight” rating and a $38.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $39.00.

Get Our Latest Analysis on Kilroy Realty

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, insider A. Robert Paratte sold 12,000 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $33.35, for a total value of $400,200.00. Following the transaction, the insider now directly owns 68,139 shares in the company, valued at $2,272,435.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider A. Robert Paratte sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $33.35, for a total transaction of $400,200.00. Following the transaction, the insider now directly owns 68,139 shares in the company, valued at $2,272,435.65. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Merryl Elizabeth Werber sold 3,329 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $33.66, for a total transaction of $112,054.14. Following the transaction, the chief accounting officer now owns 29,081 shares in the company, valued at $978,866.46. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by insiders.

About Kilroy Realty

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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.

See Also

Want to see what other hedge funds are holding KRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kilroy Realty Co. (NYSE:KRCFree Report).

Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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