WINTON GROUP Ltd lowered its position in Kilroy Realty Corp (NYSE:KRC) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,387 shares of the real estate investment trust’s stock after selling 1,068 shares during the period. WINTON GROUP Ltd owned about 0.07% of Kilroy Realty worth $5,180,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Timber Hill LLC purchased a new stake in shares of Kilroy Realty in the third quarter valued at about $215,000. Vident Investment Advisory LLC purchased a new stake in shares of Kilroy Realty in the third quarter valued at about $235,000. Lourd Capital LLC purchased a new stake in shares of Kilroy Realty in the fourth quarter valued at about $290,000. Kemper Corp Master Retirement Trust raised its holdings in shares of Kilroy Realty by 66.7% in the third quarter. Kemper Corp Master Retirement Trust now owns 4,000 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Cadence Capital Management LLC raised its holdings in shares of Kilroy Realty by 34.2% in the third quarter. Cadence Capital Management LLC now owns 6,986 shares of the real estate investment trust’s stock valued at $497,000 after purchasing an additional 1,779 shares during the last quarter. Institutional investors own 97.80% of the company’s stock.
Kilroy Realty Corp (KRC) traded down $0.09 during midday trading on Wednesday, reaching $70.54. 679,884 shares of the company were exchanged, compared to its average volume of 576,798. Kilroy Realty Corp has a 1-year low of $62.91 and a 1-year high of $77.70. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market capitalization of $6,954.91, a P/E ratio of 46.72, a PEG ratio of 2.78 and a beta of 0.71.
Kilroy Realty (NYSE:KRC) last issued its earnings results on Wednesday, January 31st. The real estate investment trust reported $0.85 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.85. The firm had revenue of $177.56 million during the quarter, compared to analyst estimates of $176.64 million. Kilroy Realty had a net margin of 22.90% and a return on equity of 4.22%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the business earned $0.87 earnings per share. research analysts predict that Kilroy Realty Corp will post 3.56 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Thursday, March 29th will be given a dividend of $0.425 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.41%. Kilroy Realty’s dividend payout ratio is presently 112.58%.
Several brokerages have recently commented on KRC. JPMorgan Chase & Co. downgraded shares of Kilroy Realty from an “overweight” rating to a “neutral” rating and set a $79.00 target price for the company. in a report on Friday, December 15th. Robert W. Baird downgraded shares of Kilroy Realty from an “outperform” rating to a “neutral” rating in a report on Monday, January 8th. BMO Capital Markets restated a “buy” rating and set a $79.00 price objective on shares of Kilroy Realty in a report on Tuesday, January 9th. Citigroup upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and set a $77.00 price objective for the company in a report on Tuesday, February 27th. They noted that the move was a valuation call. Finally, Royal Bank of Canada restated a “hold” rating and set a $75.00 price objective on shares of Kilroy Realty in a report on Friday, February 16th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $76.30.
Kilroy Realty Profile
Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.
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