CWA Asset Management Group LLC Acquires 2,737 Shares of Kilroy Realty Co. (NYSE:KRC)

CWA Asset Management Group LLC lifted its holdings in shares of Kilroy Realty Co. (NYSE:KRC) by 22.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 15,038 shares of the real estate investment trust’s stock after acquiring an additional 2,737 shares during the period. CWA Asset Management Group LLC’s holdings in Kilroy Realty were worth $608,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Waterfall Asset Management LLC bought a new position in shares of Kilroy Realty during the second quarter valued at $1,309,000. Vestcor Inc increased its position in shares of Kilroy Realty by 289.0% during the 3rd quarter. Vestcor Inc now owns 34,313 shares of the real estate investment trust’s stock worth $1,328,000 after purchasing an additional 25,492 shares in the last quarter. Edgestream Partners L.P. bought a new position in Kilroy Realty during the 2nd quarter valued at about $1,178,000. International Assets Investment Management LLC boosted its position in Kilroy Realty by 4,454.4% in the third quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust’s stock valued at $518,000 after buying an additional 13,096 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Kilroy Realty by 428.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust’s stock worth $32,933,000 after buying an additional 689,962 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Barclays lifted their target price on shares of Kilroy Realty from $38.00 to $44.00 and gave the company an “equal weight” rating in a research note on Monday, October 28th. Wells Fargo & Company reduced their price objective on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 11th. 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. Jefferies Financial Group cut Kilroy Realty from a “buy” rating to a “hold” rating and cut their price target for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. Finally, Scotiabank lowered shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price objective on the stock. in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $40.90.

Kilroy Realty Stock Down 2.5 %

Shares of NYSE KRC opened at $37.04 on Thursday. Kilroy Realty Co. has a 1 year low of $30.71 and a 1 year high of $43.78. The firm’s 50-day moving average is $40.50 and its 200-day moving average is $37.71. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $4.37 billion, a PE ratio of 22.18 and a beta of 1.02.

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

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were issued a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 5.83%. Kilroy Realty’s dividend payout ratio is presently 129.34%.

Insider Buying and Selling at Kilroy Realty

In other news, insider Heidi Rena Roth sold 12,000 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the transaction, the insider now directly owns 50,211 shares in the company, valued at approximately $2,122,921.08. The trade was a 19.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.49% of the company’s stock.

About Kilroy Realty

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.