Kera Capital Partners Inc. Invests $261,000 in Kilroy Realty Co. (NYSE:KRC)

Kera Capital Partners Inc. acquired a new stake in shares of Kilroy Realty Co. (NYSE:KRC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 6,463 shares of the real estate investment trust’s stock, valued at approximately $261,000.

A number of other hedge funds also recently bought and sold shares of the business. Green Alpha Advisors LLC boosted its holdings in shares of Kilroy Realty by 21.6% during the 4th quarter. Green Alpha Advisors LLC now owns 56,926 shares of the real estate investment trust’s stock worth $2,303,000 after purchasing an additional 10,126 shares during the last quarter. Oliver Luxxe Assets LLC boosted its stake in Kilroy Realty by 4.3% during the fourth quarter. Oliver Luxxe Assets LLC now owns 61,960 shares of the real estate investment trust’s stock worth $2,506,000 after buying an additional 2,578 shares during the last quarter. CWA Asset Management Group LLC grew its holdings in Kilroy Realty by 22.3% in the 4th quarter. CWA Asset Management Group LLC now owns 15,038 shares of the real estate investment trust’s stock valued at $608,000 after buying an additional 2,737 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Kilroy Realty by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock worth $75,000 after acquiring an additional 374 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of Kilroy Realty by 14.8% during the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 336 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Stock Up 1.9 %

NYSE:KRC opened at $38.97 on Friday. Kilroy Realty Co. has a 52 week low of $30.71 and a 52 week high of $43.78. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock’s fifty day moving average is $40.03 and its two-hundred day moving average is $37.99. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 23.33 and a beta of 1.02.

Kilroy Realty (NYSE:KRC) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). The firm had revenue of $289.94 million for the quarter, compared to analysts’ expectations of $275.77 million. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The business’s revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.12 earnings per share. Research analysts anticipate that Kilroy Realty Co. will post 4.42 EPS for the current year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.54%. The ex-dividend date was Tuesday, December 31st. Kilroy Realty’s payout ratio is currently 129.34%.

Analysts Set New Price Targets

KRC has been the subject of a number of analyst reports. Jefferies Financial Group lowered shares of Kilroy Realty from a “buy” rating to a “hold” rating and dropped their price objective for the company from $45.00 to $41.00 in a report on Thursday, January 2nd. Evercore ISI increased their price target on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Barclays cut their price target on shares of Kilroy Realty from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $45.00 to $49.00 in a report on Friday, December 20th. Finally, Scotiabank cut Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 target price for the company. in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and an average price target of $40.80.

Insiders Place Their Bets

In related news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total value of $507,360.00. Following the completion of the transaction, the insider now directly owns 50,211 shares in the company, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.49% of the stock is owned by company insiders.

Kilroy Realty Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.