127,969 Shares in Kilroy Realty Corporation $KRC Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC bought a new position in shares of Kilroy Realty Corporation (NYSE:KRC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 127,969 shares of the real estate investment trust’s stock, valued at approximately $5,407,000. Knights of Columbus Asset Advisors LLC owned about 0.11% of Kilroy Realty at the end of the most recent quarter.

Several other large investors have also modified their holdings of KRC. Quaker Wealth Management LLC increased its position in Kilroy Realty by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 755 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 1,510 shares in the last quarter. Harbor Asset Planning Inc. purchased a new stake in Kilroy Realty during the 2nd quarter worth about $34,000. Farther Finance Advisors LLC lifted its holdings in Kilroy Realty by 135.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,001 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 575 shares in the last quarter. True Wealth Design LLC boosted its stake in shares of Kilroy Realty by 213.7% during the 3rd quarter. True Wealth Design LLC now owns 1,010 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 688 shares during the last quarter. Finally, SJS Investment Consulting Inc. purchased a new stake in shares of Kilroy Realty during the third quarter worth about $47,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Performance

Shares of NYSE:KRC opened at $34.48 on Friday. The business has a 50-day moving average of $38.98 and a two-hundred day moving average of $40.03. The firm has a market capitalization of $4.08 billion, a PE ratio of 12.72 and a beta of 1.10. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.56 and a quick ratio of 2.56. Kilroy Realty Corporation has a 12 month low of $27.07 and a 12 month high of $45.03.

Kilroy Realty (NYSE:KRC) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. Kilroy Realty had a return on equity of 5.75% and a net margin of 28.68%.The business had revenue of $279.74 million during the quarter, compared to analysts’ expectations of $271.24 million. During the same quarter in the previous year, the business earned $1.17 EPS. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. As a group, research analysts forecast that Kilroy Realty Corporation will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 31st were issued a dividend of $0.54 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.16 annualized dividend and a dividend yield of 6.3%. Kilroy Realty’s payout ratio is presently 79.70%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KRC. JPMorgan Chase & Co. restated a “neutral” rating and set a $44.00 target price (down previously from $46.00) on shares of Kilroy Realty in a research report on Friday, October 17th. Jefferies Financial Group upgraded Kilroy Realty from a “hold” rating to a “buy” rating and upped their target price for the company from $33.00 to $45.00 in a research note on Monday, October 13th. Evercore ISI reduced their target price on Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating on the stock in a research report on Friday, November 14th. Scotiabank lowered their price target on Kilroy Realty from $47.00 to $42.00 and set a “sector perform” rating for the company in a report on Wednesday, January 14th. Finally, Wells Fargo & Company upped their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Kilroy Realty presently has a consensus rating of “Hold” and an average price target of $40.92.

Kilroy Realty Profile

Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.