Kilroy Realty Co. (NYSE:KRC - Get Free Report) insider Heidi Rena Roth sold 12,000 shares of the company's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the sale, the insider now directly owns 50,211 shares of the company's stock, valued at $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Kilroy Realty Price Performance
Kilroy Realty stock opened at $42.05 on Thursday. The company has a market cap of $4.96 billion, a P/E ratio of 25.18 and a beta of 1.03. Kilroy Realty Co. has a one year low of $29.88 and a one year high of $43.78. The business has a fifty day moving average of $40.00 and a two-hundred day moving average of $36.07. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08.
Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.60). Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The company had revenue of $289.94 million during the quarter, compared to analyst estimates of $275.77 million. During the same quarter last year, the business earned $1.12 EPS. The firm's revenue for the quarter was up 2.2% on a year-over-year basis. As a group, analysts predict that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.
Kilroy Realty Announces Dividend
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The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Investors of record on Monday, September 30th were paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend was Monday, September 30th. Kilroy Realty's payout ratio is currently 129.34%.
Hedge Funds Weigh In On Kilroy Realty
Several hedge funds and other institutional investors have recently bought and sold shares of KRC. Wilmington Savings Fund Society FSB acquired a new stake in Kilroy Realty in the third quarter valued at $34,000. UMB Bank n.a. boosted its position in shares of Kilroy Realty by 126.5% in the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust's stock worth $37,000 after buying an additional 540 shares in the last quarter. Blue Trust Inc. grew its stake in Kilroy Realty by 1,322.9% in the 2nd quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust's stock valued at $43,000 after acquiring an additional 1,270 shares during the last quarter. Versant Capital Management Inc increased its holdings in Kilroy Realty by 2,510.7% during the 2nd quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust's stock valued at $46,000 after acquiring an additional 1,406 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Kilroy Realty during the second quarter worth about $46,000. 94.22% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have commented on KRC shares. Evercore ISI upped their price objective on Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Barclays upped their price target on Kilroy Realty from $38.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Monday, October 28th. Wells Fargo & Company lowered their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 11th. Finally, Scotiabank downgraded shares of Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 price objective for the company. in a research report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Kilroy Realty presently has an average rating of "Hold" and an average price target of $39.43.
View Our Latest Research Report on Kilroy Realty
Kilroy Realty Company Profile
(
Get 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, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.
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