Short Interest in Kilroy Realty Co. (NYSE:KRC) Rises By 8.3%

Kilroy Realty Co. (NYSE:KRC) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 7,710,000 shares, a growth of 8.3% from the January 15th total of 7,120,000 shares. Currently, 6.7% of the shares of the stock are sold short. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is currently 6.4 days.

Kilroy Realty Stock Performance

NYSE:KRC traded down $0.25 during mid-day trading on Tuesday, reaching $34.67. The stock had a trading volume of 1,508,876 shares, compared to its average volume of 1,412,915. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08. The business has a 50 day simple moving average of $38.76 and a 200 day simple moving average of $38.43. Kilroy Realty has a twelve month low of $30.71 and a twelve month high of $43.78. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 20.76 and a beta of 1.02.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, topping the consensus estimate of $1.03 by $0.17. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. On average, analysts expect that Kilroy Realty will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 6.23%. Kilroy Realty’s dividend payout ratio is currently 122.03%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Kilroy Realty

A number of large investors have recently bought and sold shares of KRC. Assetmark Inc. lifted its position in shares of Kilroy Realty by 1.0% in the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust’s stock valued at $1,037,000 after acquiring an additional 274 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in Kilroy Realty by 0.4% in the 4th quarter. State of Alaska Department of Revenue now owns 68,456 shares of the real estate investment trust’s stock valued at $2,768,000 after purchasing an additional 276 shares in the last quarter. Choreo LLC boosted its stake in shares of Kilroy Realty by 3.2% during the 4th quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust’s stock worth $358,000 after purchasing an additional 278 shares during the last quarter. M&T Bank Corp grew its holdings in shares of Kilroy Realty by 1.3% during the fourth quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 293 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Kilroy Realty by 3.4% in the fourth quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust’s stock valued at $392,000 after buying an additional 317 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on KRC shares. Evercore ISI reduced their price objective on Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a research report on Wednesday, February 12th. Jefferies Financial Group cut shares of Kilroy Realty from a “buy” rating to a “hold” rating and lowered their price target for the company from $45.00 to $41.00 in a research report on Thursday, January 2nd. Royal Bank of Canada restated a “sector perform” rating and set a $44.00 price objective on shares of Kilroy Realty in a research report on Monday, February 10th. Barclays decreased their target price on shares of Kilroy Realty from $43.00 to $42.00 and set an “equal weight” rating on the stock in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $45.00 to $49.00 in a report on Friday, December 20th. 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 stock. Based on data from MarketBeat, Kilroy Realty currently has an average rating of “Hold” and a consensus price target of $41.20.

Kilroy Realty Company 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.