Yousif Capital Management LLC Has $1.52 Million Stock Position in Kilroy Realty Co. (NYSE:KRC)

Yousif Capital Management LLC lowered its position in shares of Kilroy Realty Co. (NYSE:KRC) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,554 shares of the real estate investment trust’s stock after selling 1,313 shares during the quarter. Yousif Capital Management LLC’s holdings in Kilroy Realty were worth $1,519,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in KRC. Retirement Systems of Alabama increased its position in Kilroy Realty by 0.3% in the 4th quarter. Retirement Systems of Alabama now owns 308,937 shares of the real estate investment trust’s stock valued at $12,497,000 after acquiring an additional 845 shares in the last quarter. abrdn plc increased its position in Kilroy Realty by 1,592.3% in the 4th quarter. abrdn plc now owns 400,404 shares of the real estate investment trust’s stock valued at $16,216,000 after acquiring an additional 376,743 shares in the last quarter. Hanson & Doremus Investment Management increased its position in Kilroy Realty by 6.8% in the 4th quarter. Hanson & Doremus Investment Management now owns 95,375 shares of the real estate investment trust’s stock valued at $3,858,000 after acquiring an additional 6,035 shares in the last quarter. Swedbank AB increased its position in Kilroy Realty by 2.0% in the 4th quarter. Swedbank AB now owns 169,122 shares of the real estate investment trust’s stock valued at $6,841,000 after acquiring an additional 3,272 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Kilroy Realty by 0.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 254,417 shares of the real estate investment trust’s stock valued at $10,291,000 after purchasing an additional 1,751 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Insider Buying and Selling

In other Kilroy Realty news, insider Heidi Rena Roth sold 12,000 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total value of $507,360.00. Following the transaction, the insider now directly owns 50,211 shares in the company, valued at $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.49% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on KRC. JPMorgan Chase & Co. raised shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and raised their target price for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $44.00 target price on shares of Kilroy Realty in a research note on Monday. Barclays reduced their price objective on shares of Kilroy Realty from $43.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Monday, February 3rd. Mizuho reissued a “neutral” rating and set a $43.00 price objective (down previously from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. 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 research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kilroy Realty currently has an average rating of “Hold” and an average price target of $41.20.

Kilroy Realty Price Performance

NYSE KRC opened at $35.03 on Thursday. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. Kilroy Realty Co. has a 12-month low of $30.71 and a 12-month high of $43.78. The company has a market capitalization of $4.14 billion, a PE ratio of 20.98 and a beta of 1.02. The firm’s 50 day moving average is $39.21 and its 200-day moving average is $38.46.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. Equities research analysts anticipate that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were issued a dividend of $0.54 per share. The ex-dividend date was Tuesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 6.17%. Kilroy Realty’s payout ratio is 129.34%.

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.