Dupont Capital Management Corp boosted its stake in shares of Kilroy Realty Corp (NYSE:KRC) by 96.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,277 shares of the real estate investment trust’s stock after buying an additional 11,946 shares during the period. Dupont Capital Management Corp’s holdings in Kilroy Realty were worth $1,740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Meadow Creek Investment Management LLC boosted its stake in Kilroy Realty by 8.7% during the second quarter. Meadow Creek Investment Management LLC now owns 9,592 shares of the real estate investment trust’s stock worth $725,000 after buying an additional 770 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in shares of Kilroy Realty by 3.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 26,700 shares of the real estate investment trust’s stock valued at $2,020,000 after purchasing an additional 800 shares during the last quarter. State Treasurer State of Michigan lifted its stake in shares of Kilroy Realty by 2.2% in the 3rd quarter. State Treasurer State of Michigan now owns 37,200 shares of the real estate investment trust’s stock valued at $2,667,000 after purchasing an additional 800 shares during the last quarter. Riverhead Capital Management LLC lifted its stake in shares of Kilroy Realty by 9.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 10,951 shares of the real estate investment trust’s stock valued at $828,000 after purchasing an additional 900 shares during the last quarter. Finally, US Bancorp DE lifted its stake in shares of Kilroy Realty by 8.5% in the 3rd quarter. US Bancorp DE now owns 12,182 shares of the real estate investment trust’s stock valued at $873,000 after purchasing an additional 953 shares during the last quarter. 96.40% of the stock is currently owned by institutional investors.

KRC stock opened at $69.63 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $7.11 billion, a P/E ratio of 19.89, a PEG ratio of 2.68 and a beta of 0.63. Kilroy Realty Corp has a 12-month low of $62.91 and a 12-month high of $77.73.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Wednesday, October 24th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The firm had revenue of $186.56 million for the quarter, compared to the consensus estimate of $183.32 million. Kilroy Realty had a return on equity of 3.16% and a net margin of 17.26%. On average, research analysts expect that Kilroy Realty Corp will post 3.6 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 17th. Investors of record on Friday, September 28th were issued a $0.455 dividend. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $1.82 annualized dividend and a dividend yield of 2.61%. Kilroy Realty’s dividend payout ratio is presently 53.53%.

Several equities analysts have recently commented on the company. Bank of America raised Kilroy Realty from a “neutral” rating to a “buy” rating and upped their price target for the company from $80.00 to $82.00 in a research note on Tuesday. Zacks Investment Research raised Kilroy Realty from a “sell” rating to a “hold” rating in a research note on Saturday, October 27th. Scotiabank assumed coverage on Kilroy Realty in a research note on Tuesday, October 16th. They issued a “sector perform” rating on the stock. JPMorgan Chase & Co. raised Kilroy Realty from a “neutral” rating to an “overweight” rating in a research note on Friday, October 5th. Finally, Deutsche Bank upped their price target on Kilroy Realty from $81.00 to $83.00 and gave the company a “hold” rating in a research note on Wednesday, August 29th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $78.63.

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Kilroy Realty Company Profile

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

Further Reading: Ex-Dividend

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

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