Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $2.49 Million Position in Kilroy Realty Co. (NYSE:KRC)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Kilroy Realty Co. (NYSE:KRC) by 40.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 61,541 shares of the real estate investment trust’s stock after purchasing an additional 17,811 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Kilroy Realty were worth $2,489,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of KRC. Wilmington Savings Fund Society FSB bought a new position in shares of Kilroy Realty during the third quarter worth $34,000. GAMMA Investing LLC raised its stake in Kilroy Realty by 25.4% during the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock worth $75,000 after buying an additional 374 shares during the period. Fifth Third Bancorp raised its stake in Kilroy Realty by 31.7% during the 4th 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 during the period. Versant Capital Management Inc grew its stake in Kilroy Realty by 14.8% in 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 acquiring an additional 336 shares during the period. Finally, KBC Group NV increased its holdings in shares of Kilroy Realty by 54.2% in the fourth quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust’s stock worth $195,000 after acquiring an additional 1,694 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Stock Up 1.9 %

KRC stock opened at $35.03 on Tuesday. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 19.79 and a beta of 1.02. Kilroy Realty Co. has a twelve month low of $30.71 and a twelve month high of $43.78. The business has a 50 day moving average price of $35.73 and a two-hundred day moving average price of $38.32. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. Analysts anticipate that Kilroy Realty Co. will post 4 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be issued a $0.54 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.17%. Kilroy Realty’s payout ratio is 122.03%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. The Goldman Sachs Group decreased their price objective on Kilroy Realty from $48.00 to $42.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Evercore ISI lowered their price objective on shares of Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating for the company in a research report on Wednesday, February 12th. Wells Fargo & Company lowered shares of Kilroy Realty from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $43.00 to $35.00 in a report on Monday, March 10th. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $49.00 in a report on Friday, December 20th. Finally, Jefferies Financial Group started coverage on Kilroy Realty in a report on Monday, March 17th. They issued a “hold” rating and a $34.00 price target on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Kilroy Realty presently has an average rating of “Hold” and an average price target of $40.09.

Insider Activity at Kilroy Realty

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

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.