Boothbay Fund Management LLC lessened its holdings in shares of Kilroy Realty Corp (NYSE:KRC) by 24.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,774 shares of the real estate investment trust’s stock after selling 1,862 shares during the period. Boothbay Fund Management LLC’s holdings in Kilroy Realty were worth $411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Adelante Capital Management LLC increased its holdings in Kilroy Realty by 7.8% in the third quarter. Adelante Capital Management LLC now owns 891,530 shares of the real estate investment trust’s stock valued at $63,406,000 after buying an additional 64,530 shares in the last quarter. Long Pond Capital LP acquired a new stake in shares of Kilroy Realty in the 3rd quarter worth $58,103,000. Sarasin & Partners LLP lifted its stake in shares of Kilroy Realty by 5.8% in the 3rd quarter. Sarasin & Partners LLP now owns 95,215 shares of the real estate investment trust’s stock worth $6,772,000 after acquiring an additional 5,228 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of 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 worth $98,047,000 after acquiring an additional 33,915 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Kilroy Realty by 7.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 918,863 shares of the real estate investment trust’s stock worth $65,350,000 after acquiring an additional 63,828 shares during the period. 97.86% of the stock is owned by hedge funds and other institutional investors.
A number of brokerages have recently issued reports on KRC. Evercore ISI upgraded shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $78.00 price target for the company in a report on Monday, August 14th. Stifel Nicolaus restated a “buy” rating and set a $77.00 target price on shares of Kilroy Realty in a report on Thursday, September 21st. Zacks Investment Research downgraded shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. BidaskClub upgraded shares of Kilroy Realty from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Finally, Bank of America cut shares of Kilroy Realty from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $80.00 to $77.00 in a research note on Wednesday, August 16th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $77.43.
Kilroy Realty Corp (NYSE KRC) traded up $0.16 during trading on Monday, hitting $75.27. 466,500 shares of the company’s stock traded hands, compared to its average volume of 560,265. Kilroy Realty Corp has a one year low of $67.00 and a one year high of $78.33. The firm has a market cap of $7,405.23, a PE ratio of 21.94, a P/E/G ratio of 2.98 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.85 and a quick ratio of 1.85.
Kilroy Realty (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). The business had revenue of $181.50 million for the quarter, compared to analyst estimates of $179.03 million. Kilroy Realty had a net margin of 23.77% and a return on equity of 4.44%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm earned $0.92 earnings per share. equities research analysts predict that Kilroy Realty Corp will post 3.52 earnings per share for the current fiscal year.
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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