Amundi Sells 2,014 Shares of Kilroy Realty Co. (NYSE:KRC)

Amundi lowered its position in shares of Kilroy Realty Co. (NYSE:KRC) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,672 shares of the real estate investment trust’s stock after selling 2,014 shares during the period. Amundi’s holdings in Kilroy Realty were worth $2,360,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Kilroy Realty in the 3rd quarter worth approximately $34,000. GAMMA Investing LLC grew its position in shares of Kilroy Realty by 25.4% in 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 grew its position in shares of Kilroy Realty by 31.7% in 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 position in shares of Kilroy Realty by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 336 shares during the period. Finally, KBC Group NV grew its position in shares of Kilroy Realty by 54.2% in the 4th quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust’s stock worth $195,000 after buying an additional 1,694 shares during the period. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KRC. Royal Bank of Canada reduced their target price on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating on the stock in a research report on Monday, March 10th. Mizuho reissued a “neutral” rating and set a $43.00 price objective (down from $45.00) on shares of Kilroy Realty in a research report on Tuesday, January 7th. Jefferies Financial Group downgraded shares of Kilroy Realty from a “buy” rating to a “hold” rating and cut their price objective for the company from $45.00 to $41.00 in a research report on Thursday, January 2nd. Evercore ISI cut their price objective on shares of Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a research report on Wednesday, February 12th. Finally, Barclays upgraded shares of Kilroy Realty from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $42.00 to $44.00 in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Kilroy Realty has an average rating of “Hold” and an average price target of $40.73.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, CEO Angela M. Aman bought 2,797 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of $35.45 per share, with a total value of $99,153.65. Following the completion of the acquisition, the chief executive officer now owns 2,797 shares in the company, valued at $99,153.65. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.49% of the company’s stock.

Kilroy Realty Price Performance

Shares of NYSE:KRC opened at $33.15 on Monday. Kilroy Realty Co. has a twelve month low of $30.71 and a twelve month high of $43.78. The stock has a market capitalization of $3.92 billion, a PE ratio of 18.73 and a beta of 1.02. The firm’s 50 day moving average price is $36.06 and its 200-day moving average price is $38.37. 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 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. Equities research analysts expect that Kilroy Realty Co. will post 4 EPS for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date of this dividend is Monday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is currently 122.03%.

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.