Sei Investments Co. Has $26.89 Million Holdings in Kilroy Realty Co. (NYSE:KRC)

Sei Investments Co. grew its position in Kilroy Realty Co. (NYSE:KRC) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 664,695 shares of the real estate investment trust’s stock after buying an additional 5,915 shares during the quarter. Sei Investments Co. owned approximately 0.56% of Kilroy Realty worth $26,887,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Kilroy Realty by 428.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust’s stock worth $32,933,000 after purchasing an additional 689,962 shares during the period. abrdn plc boosted its position in shares of Kilroy Realty by 1,592.3% in the fourth quarter. abrdn plc now owns 400,404 shares of the real estate investment trust’s stock worth $16,216,000 after buying an additional 376,743 shares during the period. Principal Financial Group Inc. boosted its position in shares of Kilroy Realty by 4.7% in the fourth quarter. Principal Financial Group Inc. now owns 4,862,310 shares of the real estate investment trust’s stock worth $196,680,000 after buying an additional 218,163 shares during the period. Verition Fund Management LLC raised its position in Kilroy Realty by 77.6% during the third quarter. Verition Fund Management LLC now owns 280,646 shares of the real estate investment trust’s stock valued at $10,861,000 after buying an additional 122,616 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in Kilroy Realty by 364.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 155,291 shares of the real estate investment trust’s stock worth $6,010,000 after acquiring an additional 121,853 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Stock Performance

KRC opened at $35.05 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.21 and a current ratio of 2.21. The company has a market cap of $4.14 billion, a PE ratio of 19.80 and a beta of 1.02. The stock has a 50-day moving average of $35.69 and a 200-day moving average of $38.32. Kilroy Realty Co. has a 52-week low of $30.71 and a 52-week high of $43.78.

Kilroy Realty (NYSE:KRC) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. As a group, equities research analysts forecast that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Monday, March 31st will be issued a $0.54 dividend. The ex-dividend date is Monday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.16%. Kilroy Realty’s dividend payout ratio (DPR) is presently 122.03%.

Insiders Place Their Bets

In other Kilroy Realty news, CEO Angela M. Aman acquired 2,797 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average price of $35.45 per share, with a total value of $99,153.65. Following the transaction, the chief executive officer now owns 2,797 shares of the company’s stock, valued at approximately $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider A. Robert Paratte sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $34.74, for a total value of $208,440.00. Following the completion of the sale, the insider now directly owns 86,744 shares in the company, valued at $3,013,486.56. This trade represents a 6.47 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Evercore ISI lowered their target price on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a research note on Wednesday, February 12th. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Royal Bank of Canada decreased their target price on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating for the company in a research note on Monday, March 10th. The Goldman Sachs Group dropped their price target on shares of Kilroy Realty from $48.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Finally, Barclays raised Kilroy Realty from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $42.00 to $44.00 in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $40.09.

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.