Raymond James & Associates Increases Stake in Kilroy Realty Co. (NYSE:KRC)

Raymond James & Associates lifted its stake in shares of Kilroy Realty Co. (NYSE:KRCFree Report) by 15.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,382 shares of the real estate investment trust’s stock after acquiring an additional 3,093 shares during the period. Raymond James & Associates’ holdings in Kilroy Realty were worth $739,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Lindbrook Capital LLC lifted its holdings in shares of Kilroy Realty by 48.7% during the 2nd quarter. Lindbrook Capital LLC now owns 956 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 313 shares during the period. Allworth Financial LP lifted its holdings in shares of Kilroy Realty by 618.0% during the 2nd quarter. Allworth Financial LP now owns 1,235 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 1,063 shares during the period. Covestor Ltd lifted its holdings in shares of Kilroy Realty by 74.2% during the 2nd quarter. Covestor Ltd now owns 1,561 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 665 shares during the period. Lazard Asset Management LLC purchased a new position in shares of Kilroy Realty during the 4th quarter worth about $53,000. Finally, Fifth Third Bancorp lifted its holdings in shares of Kilroy Realty by 378.6% during the 2nd quarter. Fifth Third Bancorp now owns 1,924 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 1,522 shares during the period. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Kilroy Realty Stock Performance

Shares of KRC opened at $35.75 on Thursday. The business’s fifty day moving average price is $38.48 and its 200 day moving average price is $34.89. Kilroy Realty Co. has a 12-month low of $25.99 and a 12-month high of $43.47. The stock has a market capitalization of $4.19 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 4.82 and a beta of 1.04. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.57 and a quick ratio of 2.57.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Friday, December 29th were paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend was Thursday, December 28th. Kilroy Realty’s dividend payout ratio (DPR) is presently 116.76%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on KRC shares. Mizuho cut their price target on shares of Kilroy Realty from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 18th. The Goldman Sachs Group cut their price target on shares of Kilroy Realty from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, October 12th. Wolfe Research lowered shares of Kilroy Realty from an “outperform” rating to a “peer perform” rating in a report on Friday, December 15th. Jefferies Financial Group upgraded shares of Kilroy Realty from a “hold” rating to a “buy” rating and raised their price target for the company from $34.00 to $35.00 in a report on Friday, October 13th. Finally, StockNews.com initiated coverage on shares of Kilroy Realty in a report on Thursday, October 5th. They issued a “hold” rating on the stock. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Kilroy Realty has an average rating of “Moderate Buy” and an average price target of $39.40.

Check Out Our Latest Analysis on Kilroy Realty

Insider Buying and Selling

In other Kilroy Realty news, EVP John Osmond sold 3,594 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $40.85, for a total value of $146,814.90. Following the sale, the executive vice president now directly owns 9,937 shares in the company, valued at $405,926.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Kilroy Realty news, EVP John Osmond sold 3,594 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $40.85, for a total value of $146,814.90. Following the sale, the executive vice president now directly owns 9,937 shares in the company, valued at $405,926.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Heidi Rena Roth sold 4,200 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $31.78, for a total value of $133,476.00. Following the completion of the sale, the insider now owns 58,127 shares in the company, valued at $1,847,276.06. The disclosure for this sale can be found here. Insiders have sold 12,875 shares of company stock worth $486,630 over the last ninety days. 1.95% of the stock is owned by insiders.

Kilroy Realty Profile

(Free Report)

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, the Pacific Northwest and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design.

Further Reading

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)

Receive News & Ratings for Kilroy Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kilroy Realty and related companies with MarketBeat.com's FREE daily email newsletter.