NN Investment Partners Holdings N.V. Takes $281,000 Position in Kilroy Realty Corp (KRC)

NN Investment Partners Holdings N.V. bought a new position in Kilroy Realty Corp (NYSE:KRC) during the 3rd quarter, HoldingsChannel reports. The fund bought 3,922 shares of the real estate investment trust’s stock, valued at approximately $281,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Meadow Creek Investment Management LLC grew its holdings in shares of Kilroy Realty by 8.7% in the 2nd quarter. Meadow Creek Investment Management LLC now owns 9,592 shares of the real estate investment trust’s stock worth $725,000 after purchasing an additional 770 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in shares of Kilroy Realty by 3.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 26,700 shares of the real estate investment trust’s stock worth $2,020,000 after purchasing an additional 800 shares during the last quarter. State Treasurer State of Michigan grew its holdings in shares of Kilroy Realty by 2.2% in the 3rd quarter. State Treasurer State of Michigan now owns 37,200 shares of the real estate investment trust’s stock worth $2,667,000 after purchasing an additional 800 shares during the last quarter. Riverhead Capital Management LLC grew its holdings in shares of Kilroy Realty by 9.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 10,951 shares of the real estate investment trust’s stock worth $828,000 after purchasing an additional 900 shares during the last quarter. Finally, Glen Harbor Capital Management LLC grew its holdings in shares of Kilroy Realty by 8.7% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 12,208 shares of the real estate investment trust’s stock worth $923,000 after purchasing an additional 980 shares during the last quarter. 96.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:KRC opened at $70.67 on Thursday. Kilroy Realty Corp has a 12 month low of $62.91 and a 12 month high of $77.73. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $6.99 billion, a price-to-earnings ratio of 20.79, a P/E/G ratio of 2.64 and a beta of 0.63.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Wednesday, October 24th. The real estate investment trust reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Kilroy Realty had a net margin of 17.26% and a return on equity of 3.16%. The firm had revenue of $186.56 million for the quarter, compared to analyst estimates of $183.32 million. Analysts expect that Kilroy Realty Corp will post 3.6 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 17th. Shareholders of record on Friday, September 28th were issued a dividend of $0.455 per share. This represents a $1.82 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend was Thursday, September 27th. Kilroy Realty’s dividend payout ratio is currently 53.53%.

KRC has been the topic of several analyst reports. JPMorgan Chase & Co. raised shares of Kilroy Realty from a “neutral” rating to an “overweight” rating in a report on Friday, October 5th. Scotiabank initiated coverage on shares of Kilroy Realty in a report on Tuesday, October 16th. They issued a “sector perform” rating on the stock. Deutsche Bank upped their target price on shares of Kilroy Realty from $81.00 to $83.00 and gave the stock a “hold” rating in a report on Wednesday, August 29th. Robert W. Baird reissued a “hold” rating and set a $78.00 price objective on shares of Kilroy Realty in a report on Wednesday, August 1st. Finally, Zacks Investment Research lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $78.14.

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Kilroy Realty Profile

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

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

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