Kilroy Realty Co. (NYSE:KRC) Shares Acquired by Vident Advisory LLC

Vident Advisory LLC increased its position in Kilroy Realty Co. (NYSE:KRC) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,114 shares of the real estate investment trust’s stock after buying an additional 5,418 shares during the period. Vident Advisory LLC owned about 0.08% of Kilroy Realty worth $3,465,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. CANADA LIFE ASSURANCE Co raised its position in shares of Kilroy Realty by 3.0% in the first quarter. CANADA LIFE ASSURANCE Co now owns 238,294 shares of the real estate investment trust’s stock valued at $8,677,000 after buying an additional 7,016 shares during the last quarter. Allstate Corp purchased a new stake in Kilroy Realty in the first quarter valued at approximately $670,000. Ontario Teachers Pension Plan Board grew its holdings in Kilroy Realty by 3.9% in the first quarter. Ontario Teachers Pension Plan Board now owns 72,349 shares of the real estate investment trust’s stock valued at $2,636,000 after purchasing an additional 2,689 shares during the period. Jupiter Asset Management Ltd. grew its holdings in Kilroy Realty by 222.1% in the first quarter. Jupiter Asset Management Ltd. now owns 276,037 shares of the real estate investment trust’s stock valued at $10,056,000 after purchasing an additional 190,350 shares during the period. Finally, Centersquare Investment Management LLC grew its holdings in Kilroy Realty by 1.0% in the first quarter. Centersquare Investment Management LLC now owns 2,598,144 shares of the real estate investment trust’s stock valued at $87,817,000 after purchasing an additional 24,855 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Kilroy Realty from $40.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, May 30th. KeyCorp decreased their price objective on shares of Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a research note on Tuesday, July 2nd. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Kilroy Realty presently has a consensus rating of “Hold” and a consensus target price of $38.20.

Kilroy Realty Stock Up 2.8 %

Shares of KRC stock traded up $0.97 on Friday, hitting $36.14. The stock had a trading volume of 367,668 shares, compared to its average volume of 1,043,414. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 20.48 and a beta of 1.04. The stock’s 50 day moving average is $32.90 and its 200-day moving average is $34.76. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.30 and a current ratio of 3.30. Kilroy Realty Co. has a 52-week low of $26.78 and a 52-week high of $43.37.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 10th. Investors of record on Friday, June 28th were issued a $0.54 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $2.16 annualized dividend and a yield of 5.98%. Kilroy Realty’s dividend payout ratio is presently 124.14%.

Insider Activity at Kilroy Realty

In other Kilroy Realty news, CAO Merryl Elizabeth Werber sold 3,329 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $33.66, for a total transaction of $112,054.14. Following the sale, the chief accounting officer now directly owns 29,081 shares of the company’s stock, valued at $978,866.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Kilroy Realty news, insider A. Robert Paratte sold 12,000 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $33.35, for a total transaction of $400,200.00. Following the sale, the insider now directly owns 68,139 shares of the company’s stock, valued at $2,272,435.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Merryl Elizabeth Werber sold 3,329 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $33.66, for a total transaction of $112,054.14. Following the sale, the chief accounting officer now directly owns 29,081 shares in the company, valued at $978,866.46. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by corporate insiders.

Kilroy Realty Company Profile

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.