WINTON GROUP Ltd reduced its position in shares of Kilroy Realty Corp (NYSE:KRC) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 126,103 shares of the real estate investment trust’s stock after selling 1,579 shares during the period. WINTON GROUP Ltd owned 0.13% of Kilroy Realty worth $9,040,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in KRC. Resolution Capital Ltd increased its position in Kilroy Realty by 17.0% during the second quarter. Resolution Capital Ltd now owns 1,885,377 shares of the real estate investment trust’s stock worth $142,610,000 after purchasing an additional 274,000 shares during the last quarter. PGGM Investments increased its position in Kilroy Realty by 6.0% during the third quarter. PGGM Investments now owns 3,097,019 shares of the real estate investment trust’s stock worth $222,025,000 after purchasing an additional 174,338 shares during the last quarter. Macquarie Group Ltd. increased its position in Kilroy Realty by 258.4% during the second quarter. Macquarie Group Ltd. now owns 233,000 shares of the real estate investment trust’s stock worth $17,625,000 after purchasing an additional 167,993 shares during the last quarter. Millennium Management LLC acquired a new stake in Kilroy Realty during the second quarter worth about $11,726,000. Finally, Security Capital Research & Management Inc. increased its position in Kilroy Realty by 40.1% during the second quarter. Security Capital Research & Management Inc. now owns 338,131 shares of the real estate investment trust’s stock worth $25,576,000 after purchasing an additional 96,700 shares during the last quarter. Hedge funds and other institutional investors own 96.75% of the company’s stock.
Shares of KRC stock opened at $70.74 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 19.91, a P/E/G ratio of 2.69 and a beta of 0.63. Kilroy Realty Corp has a 1-year low of $62.91 and a 1-year high of $77.73.
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 17th. Shareholders of record on Friday, September 28th were paid a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Thursday, September 27th. Kilroy Realty’s dividend payout ratio (DPR) is presently 53.53%.
Several research firms recently issued reports on KRC. Robert W. Baird restated a “hold” rating and set a $78.00 price objective on shares of Kilroy Realty in a research report on Wednesday, August 1st. Deutsche Bank increased their target price on shares of Kilroy Realty from $81.00 to $83.00 and gave the stock a “hold” rating in a research note on Wednesday, August 29th. JPMorgan Chase & Co. raised shares of Kilroy Realty from a “neutral” rating to an “overweight” rating in a research note on Friday, October 5th. Scotiabank began coverage on shares of Kilroy Realty in a research note on Tuesday, October 16th. They set a “sector perform” rating for the company. Finally, Zacks Investment Research raised shares of Kilroy Realty from a “sell” rating to a “hold” rating in a research note on Saturday, October 27th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus 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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