Kilroy Realty Corporation (KRC) Holdings Increased by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System boosted its position in Kilroy Realty Corporation (NYSE:KRC) by 0.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 136,892 shares of the real estate investment trust’s stock after acquiring an additional 730 shares during the period. State Board of Administration of Florida Retirement System owned about 0.14% of Kilroy Realty Corporation worth $9,736,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Kilroy Realty Corporation by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,344 shares of the real estate investment trust’s stock worth $1,078,000 after acquiring an additional 62 shares during the period. State of Wisconsin Investment Board grew its stake in shares of Kilroy Realty Corporation by 0.4% during the 2nd quarter. State of Wisconsin Investment Board now owns 19,263 shares of the real estate investment trust’s stock valued at $1,448,000 after buying an additional 70 shares during the period. World Asset Management Inc grew its stake in shares of Kilroy Realty Corporation by 2.5% during the 2nd quarter. World Asset Management Inc now owns 7,645 shares of the real estate investment trust’s stock valued at $575,000 after buying an additional 183 shares during the period. Phocas Financial Corp. grew its stake in shares of Kilroy Realty Corporation by 3.0% during the 2nd quarter. Phocas Financial Corp. now owns 8,397 shares of the real estate investment trust’s stock valued at $631,000 after buying an additional 248 shares during the period. Finally, GAM Holding AG grew its stake in shares of Kilroy Realty Corporation by 3.9% during the 2nd quarter. GAM Holding AG now owns 8,278 shares of the real estate investment trust’s stock valued at $622,000 after buying an additional 310 shares during the period. 99.81% of the stock is owned by hedge funds and other institutional investors.

Shares of Kilroy Realty Corporation (NYSE:KRC) opened at $74.85 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.63. Kilroy Realty Corporation has a 12-month low of $67.00 and a 12-month high of $78.33. The firm has a market cap of $7,363.89, a price-to-earnings ratio of 21.82, a P/E/G ratio of 2.96 and a beta of 0.77.

Kilroy Realty Corporation (NYSE:KRC) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). Kilroy Realty Corporation had a return on equity of 4.44% and a net margin of 23.77%. The business had revenue of $181.50 million for the quarter, compared to analysts’ expectations of $179.03 million. During the same period last year, the company posted $0.92 earnings per share. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. analysts anticipate that Kilroy Realty Corporation will post 3.52 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Investors of record on Friday, September 29th were given a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.27%. Kilroy Realty Corporation’s dividend payout ratio (DPR) is 111.84%.

Several analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Kilroy Realty Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. Stifel Nicolaus reissued a “buy” rating and set a $77.00 price objective on shares of Kilroy Realty Corporation in a research note on Thursday, September 21st. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Kilroy Realty Corporation in a research note on Tuesday, September 19th. They set a “neutral” rating and a $70.00 price objective for the company. KeyCorp reissued a “hold” rating on shares of Kilroy Realty Corporation in a research note on Friday, August 25th. Finally, Bank of America Corporation cut shares of Kilroy Realty Corporation from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $80.00 to $77.00 in a research note on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $77.50.

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About Kilroy Realty Corporation

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 Corporation (NYSE:KRC)

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