Coldstream Capital Management Inc. Invests $203,000 in Kilroy Realty Co. (NYSE:KRC)

Coldstream Capital Management Inc. purchased a new stake in Kilroy Realty Co. (NYSE:KRC) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,229 shares of the real estate investment trust’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in Kilroy Realty by 585.2% in the 3rd quarter. Victory Capital Management Inc. now owns 830,311 shares of the real estate investment trust’s stock valued at $32,133,000 after purchasing an additional 709,126 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Kilroy Realty by 428.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 850,975 shares of the real estate investment trust’s stock valued at $32,933,000 after buying an additional 689,962 shares during the last quarter. Renaissance Technologies LLC boosted its position in Kilroy Realty by 639.6% during the second quarter. Renaissance Technologies LLC now owns 314,700 shares of the real estate investment trust’s stock worth $9,809,000 after acquiring an additional 272,148 shares during the last quarter. AQR Capital Management LLC boosted its position in Kilroy Realty by 45.9% during the second quarter. AQR Capital Management LLC now owns 851,398 shares of the real estate investment trust’s stock worth $26,393,000 after acquiring an additional 267,825 shares during the last quarter. Finally, Squarepoint Ops LLC raised its holdings in Kilroy Realty by 1,858.8% in the 2nd quarter. Squarepoint Ops LLC now owns 164,580 shares of the real estate investment trust’s stock valued at $5,130,000 after acquiring an additional 156,178 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Stock Down 0.2 %

NYSE:KRC opened at $42.04 on Wednesday. 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 $40.67 and its two-hundred day moving average is $36.83. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 25.17 and a beta of 1.03.

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 4.41 EPS for the current year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 5.14%. Kilroy Realty’s dividend payout ratio (DPR) is presently 129.34%.

Insider Buying and Selling at Kilroy Realty

In other news, insider Heidi Rena Roth sold 12,000 shares of Kilroy Realty stock in a transaction dated 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 owns 50,211 shares in the company, valued at approximately $2,122,921.08. This trade represents a 19.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

KRC has been the subject of a number of recent research reports. Evercore ISI raised their target price on Kilroy Realty from $40.00 to $41.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Barclays lifted their target price on shares of Kilroy Realty from $38.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Monday, October 28th. Scotiabank downgraded shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target for the company. in a report on Thursday, November 14th. Finally, Wells Fargo & Company decreased their price objective on Kilroy Realty from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Wednesday, September 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $39.43.

About Kilroy Realty

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.