QS Investors LLC lessened its holdings in shares of Kilroy Realty Corporation (NYSE:KRC) by 91.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,608 shares of the real estate investment trust’s stock after selling 47,827 shares during the period. QS Investors LLC’s holdings in Kilroy Realty Corporation were worth $346,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Kilroy Realty Corporation by 2.7% during the second quarter. Vanguard Group Inc. now owns 15,346,920 shares of the real estate investment trust’s stock worth $1,153,321,000 after acquiring an additional 406,523 shares during the period. BlackRock Inc. grew its holdings in Kilroy Realty Corporation by 1.4% during the second quarter. BlackRock Inc. now owns 11,298,274 shares of the real estate investment trust’s stock worth $849,067,000 after acquiring an additional 151,580 shares during the period. Daiwa Securities Group Inc. grew its holdings in Kilroy Realty Corporation by 6.5% during the second quarter. Daiwa Securities Group Inc. now owns 4,678,028 shares of the real estate investment trust’s stock worth $351,554,000 after acquiring an additional 285,640 shares during the period. State Street Corp grew its holdings in Kilroy Realty Corporation by 6.6% during the first quarter. State Street Corp now owns 4,251,871 shares of the real estate investment trust’s stock worth $306,475,000 after acquiring an additional 263,601 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Kilroy Realty Corporation by 0.3% during the second quarter. Principal Financial Group Inc. now owns 3,393,416 shares of the real estate investment trust’s stock worth $255,016,000 after acquiring an additional 11,693 shares during the period. 99.78% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently weighed in on KRC shares. Stifel Nicolaus reaffirmed a “buy” rating on shares of Kilroy Realty Corporation in a report on Thursday, August 3rd. BidaskClub lowered Kilroy Realty Corporation from a “buy” rating to a “hold” rating in a report on Saturday, July 1st. Zacks Investment Research raised Kilroy Realty Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. KeyCorp reissued a “hold” rating on shares of Kilroy Realty Corporation in a report on Friday, August 25th. Finally, Bank of America Corporation lowered Kilroy Realty Corporation from a “buy” rating to a “neutral” rating and lowered their target price for the company from $80.00 to $77.00 in a report on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $77.50.

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Shares of Kilroy Realty Corporation (NYSE:KRC) opened at 72.95 on Thursday. The firm has a 50-day moving average price of $70.43 and a 200 day moving average price of $72.00. Kilroy Realty Corporation has a 12-month low of $66.98 and a 12-month high of $78.33. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 53.02 and a beta of 0.77.

Kilroy Realty Corporation (NYSE:KRC) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.01. Kilroy Realty Corporation had a return on equity of 4.11% and a net margin of 21.75%. The company had revenue of $180.60 million for the quarter, compared to analysts’ expectations of $178.63 million. During the same period last year, the firm earned $0.86 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, equities research analysts anticipate that Kilroy Realty Corporation will post $1.26 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Friday, September 29th were given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend was Thursday, September 28th. Kilroy Realty Corporation’s dividend payout ratio (DPR) is presently 122.30%.

Kilroy Realty Corporation 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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Institutional Ownership by Quarter for Kilroy Realty Corporation (NYSE:KRC)

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