Kilroy Realty Co. (NYSE:KRC) Shares Bought by AlphaQuest LLC

AlphaQuest LLC raised its stake in shares of Kilroy Realty Co. (NYSE:KRC) by 2,597.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,449 shares of the real estate investment trust’s stock after buying an additional 5,247 shares during the period. AlphaQuest LLC’s holdings in Kilroy Realty were worth $220,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in Kilroy Realty in the third quarter valued at approximately $34,000. GAMMA Investing LLC lifted its stake in shares of Kilroy Realty by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock valued at $75,000 after purchasing an additional 374 shares during the period. Fifth Third Bancorp boosted its holdings in Kilroy Realty by 31.7% during the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock worth $102,000 after buying an additional 607 shares in the last quarter. Versant Capital Management Inc grew its position in Kilroy Realty by 14.8% during the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 336 shares during the period. Finally, KBC Group NV increased its stake in shares of Kilroy Realty by 54.2% in the 4th quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 1,694 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Up 3.5 %

Shares of NYSE KRC opened at $33.15 on Friday. The stock has a fifty day simple moving average of $36.06 and a 200-day simple moving average of $38.35. Kilroy Realty Co. has a twelve month low of $30.71 and a twelve month high of $43.78. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $3.92 billion, a PE ratio of 18.73 and a beta of 1.02.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. On average, equities analysts forecast that Kilroy Realty Co. will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be given a $0.54 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.52%. Kilroy Realty’s dividend payout ratio is presently 122.03%.

Insider Buying and Selling at Kilroy Realty

In related news, CEO Angela M. Aman purchased 2,797 shares of Kilroy Realty stock in a transaction on Friday, February 28th. The shares were bought at an average price of $35.45 per share, with a total value of $99,153.65. Following the transaction, the chief executive officer now directly owns 2,797 shares of the company’s stock, valued at approximately $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Royal Bank of Canada reduced their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a research report on Monday, March 10th. The Goldman Sachs Group lowered their target price on Kilroy Realty from $48.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. JPMorgan Chase & Co. raised Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their price target for the company from $45.00 to $49.00 in a report on Friday, December 20th. Jefferies Financial Group cut Kilroy Realty from a “buy” rating to a “hold” rating and dropped their target price for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company cut shares of Kilroy Realty from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $43.00 to $35.00 in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Kilroy Realty currently has an average rating of “Hold” and a consensus price target of $40.73.

Kilroy Realty Company 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.