Natixis Advisors LLC Sells 16,469 Shares of Kilroy Realty Co. (NYSE:KRC)

Natixis Advisors LLC decreased its holdings in Kilroy Realty Co. (NYSE:KRC) by 27.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,037 shares of the real estate investment trust’s stock after selling 16,469 shares during the quarter. Natixis Advisors LLC’s holdings in Kilroy Realty were worth $1,704,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. raised its position in shares of Kilroy Realty by 1.0% in the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust’s stock valued at $1,037,000 after buying an additional 274 shares in the last quarter. GAMMA Investing LLC increased its stake in Kilroy Realty by 33.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 371 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Kilroy Realty by 6.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,765 shares of the real estate investment trust’s stock valued at $210,000 after acquiring an additional 383 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of Kilroy Realty by 3.2% during the 2nd quarter. Ballentine Partners LLC now owns 17,339 shares of the real estate investment trust’s stock valued at $540,000 after acquiring an additional 530 shares during the period. Finally, UMB Bank n.a. grew its holdings in shares of Kilroy Realty by 126.5% during the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 540 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

Kilroy Realty Price Performance

Shares of NYSE:KRC opened at $42.04 on Tuesday. Kilroy Realty Co. has a one year low of $29.72 and a one year high of $43.78. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. The company has a market cap of $4.96 billion, a price-to-earnings ratio of 24.55 and a beta of 1.03. The firm has a 50 day simple moving average of $39.80 and a 200 day simple moving average of $35.91.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.60). Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The company had revenue of $289.94 million for the quarter, compared to analyst estimates of $275.77 million. During the same quarter last year, the company posted $1.12 earnings per share. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. Research analysts predict that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date of this dividend was Monday, September 30th. Kilroy Realty’s payout ratio is 129.34%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company cut their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating for the company in a research report on Wednesday, September 11th. Evercore ISI increased their price target on shares of Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Scotiabank downgraded shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price objective for the company. in a research report on Thursday, November 14th. Finally, Barclays upped their target price on Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Kilroy Realty currently has an average rating of “Hold” and an average target price of $39.43.

Insider Transactions at Kilroy Realty

In other news, CAO Merryl Elizabeth Werber sold 3,000 shares of Kilroy Realty stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total transaction of $117,420.00. Following the transaction, the chief accounting officer now owns 26,401 shares in the company, valued at approximately $1,033,335.14. The trade was a 10.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John Osmond sold 2,628 shares of the stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the completion of the sale, the executive vice president now owns 8,818 shares of the company’s stock, valued at $352,720. The trade was a 22.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.49% of the company’s stock.

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.