Public Employees Retirement System of Ohio Has $7.57 Million Holdings in Kilroy Realty Co. (NYSE:KRC)

Public Employees Retirement System of Ohio decreased its holdings in shares of Kilroy Realty Co. (NYSE:KRC) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 195,546 shares of the real estate investment trust’s stock after selling 2,532 shares during the quarter. Public Employees Retirement System of Ohio owned 0.17% of Kilroy Realty worth $7,568,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Waterfall Asset Management LLC bought a new stake in shares of Kilroy Realty during the 2nd quarter valued at approximately $1,309,000. CWA Asset Management Group LLC bought a new position in shares of Kilroy Realty in the 3rd quarter valued at $476,000. Edgestream Partners L.P. acquired a new stake in shares of Kilroy Realty during the 2nd quarter valued at $1,178,000. International Assets Investment Management LLC grew its position in Kilroy Realty by 4,454.4% during the 3rd quarter. International Assets Investment Management LLC now owns 13,390 shares of the real estate investment trust’s stock worth $518,000 after acquiring an additional 13,096 shares during the last quarter. Finally, Candriam S.C.A. acquired a new position in Kilroy Realty in the 2nd quarter worth about $2,730,000. Institutional investors own 94.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports 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. Wells Fargo & Company cut their price target 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. Barclays raised their price target on shares of Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday, October 28th. Finally, Scotiabank cut Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price on the stock. in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $39.43.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, EVP John Osmond sold 2,628 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total transaction of $105,120.00. Following the sale, the executive vice president now owns 8,818 shares of the company’s stock, valued at $352,720. The trade was a 22.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Heidi Rena Roth sold 12,000 shares of the business’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 sale, the insider now owns 50,211 shares in the company, valued at approximately $2,122,921.08. The trade was a 19.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,628 shares of company stock worth $729,900 over the last three months. 2.49% of the stock is currently owned by insiders.

Kilroy Realty Trading Up 0.9 %

NYSE:KRC opened at $41.28 on Friday. Kilroy Realty Co. has a 52 week low of $30.71 and a 52 week high of $43.78. The firm has a 50-day moving average price of $40.43 and a two-hundred day moving average price of $36.58. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 24.72 and a beta of 1.03. 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) last issued its quarterly earnings results on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). Kilroy Realty had a return on equity of 3.53% and a net margin of 17.78%. The business had revenue of $289.94 million for the quarter, compared to the consensus estimate of $275.77 million. During the same quarter last year, the business posted $1.12 earnings per share. The business’s revenue was up 2.2% compared to the same quarter last year. On average, equities analysts expect that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend is Tuesday, December 31st. Kilroy Realty’s dividend 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.