Cadence Capital Management LLC reduced its holdings in Kilroy Realty Corp (NYSE:KRC) by 29.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,960 shares of the real estate investment trust’s stock after selling 2,026 shares during the quarter. Cadence Capital Management LLC’s holdings in Kilroy Realty were worth $370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Principal Financial Group Inc. increased its position in Kilroy Realty by 17.8% in the 3rd quarter. Principal Financial Group Inc. now owns 3,996,409 shares of the real estate investment trust’s stock valued at $284,224,000 after acquiring an additional 602,993 shares during the period. Bank of New York Mellon Corp increased its position in Kilroy Realty by 148.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,745,076 shares of the real estate investment trust’s stock valued at $266,350,000 after acquiring an additional 2,235,377 shares during the period. PGGM Investments increased its position in Kilroy Realty by 22.9% in the 3rd quarter. PGGM Investments now owns 2,715,681 shares of the real estate investment trust’s stock valued at $193,139,000 after acquiring an additional 506,681 shares during the period. Brookfield Asset Management Inc. increased its position in Kilroy Realty by 9.7% in the 2nd quarter. Brookfield Asset Management Inc. now owns 2,643,912 shares of the real estate investment trust’s stock valued at $198,690,000 after acquiring an additional 233,438 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Kilroy Realty by 2.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,378,651 shares of the real estate investment trust’s stock valued at $98,047,000 after acquiring an additional 33,915 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Shares of Kilroy Realty Corp (NYSE KRC) opened at $66.46 on Thursday. Kilroy Realty Corp has a 12-month low of $62.91 and a 12-month high of $78.33. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.85 and a current ratio of 1.41. The firm has a market cap of $6,540.00, a price-to-earnings ratio of 44.01, a PEG ratio of 2.51 and a beta of 0.69.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.85 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.85. Kilroy Realty had a net margin of 22.90% and a return on equity of 4.22%. The company had revenue of $177.56 million during the quarter, compared to analysts’ expectations of $176.64 million. During the same period in the prior year, the company posted $0.87 earnings per share. Kilroy Realty’s revenue for the quarter was up 5.3% compared to the same quarter last year. research analysts anticipate that Kilroy Realty Corp will post 3.56 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Thursday, March 29th will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.56%. Kilroy Realty’s dividend payout ratio (DPR) is presently 112.58%.

Several brokerages have issued reports on KRC. Robert W. Baird cut shares of Kilroy Realty from an “outperform” rating to a “neutral” rating in a research report on Monday, January 8th. BMO Capital Markets restated a “buy” rating and issued a $79.00 price target on shares of Kilroy Realty in a research report on Tuesday, January 9th. JPMorgan Chase & Co. cut shares of Kilroy Realty from an “overweight” rating to a “neutral” rating and set a $79.00 price objective for the company. in a research report on Friday, December 15th. Finally, Zacks Investment Research cut shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $76.38.

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Kilroy Realty Company 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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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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