Insider Selling: Kilroy Realty Co. (NYSE:KRC) EVP Sells 1,000 Shares of Stock

Kilroy Realty Co. (NYSE:KRCGet Rating) EVP John Osmond sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, May 12th. The shares were sold at an average price of $60.08, for a total transaction of $60,080.00. Following the transaction, the executive vice president now owns 11,749 shares of the company’s stock, valued at approximately $705,879.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of KRC stock opened at $61.38 on Friday. The company’s fifty day simple moving average is $72.61 and its 200-day simple moving average is $69.76. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.72. The firm has a market cap of $7.16 billion, a PE ratio of 39.60, a P/E/G ratio of 1.81 and a beta of 0.75. Kilroy Realty Co. has a 12 month low of $58.69 and a 12 month high of $79.06.

Kilroy Realty (NYSE:KRCGet Rating) last announced its quarterly earnings data on Wednesday, April 27th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The business had revenue of $265.50 million for the quarter, compared to analyst estimates of $257.03 million. Kilroy Realty had a net margin of 18.65% and a return on equity of 3.23%. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 earnings per share. On average, equities analysts predict that Kilroy Realty Co. will post 4.47 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Investment Partners Inc. raised its position in Kilroy Realty by 1.1% during the first quarter. Ameritas Investment Partners Inc. now owns 28,061 shares of the real estate investment trust’s stock worth $2,144,000 after acquiring an additional 298 shares in the last quarter. Ontario Teachers Pension Plan Board raised its position in Kilroy Realty by 6.5% during the first quarter. Ontario Teachers Pension Plan Board now owns 13,177 shares of the real estate investment trust’s stock worth $1,007,000 after acquiring an additional 799 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Kilroy Realty by 3.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,233,665 shares of the real estate investment trust’s stock worth $94,277,000 after acquiring an additional 37,655 shares in the last quarter. KCM Investment Advisors LLC raised its position in Kilroy Realty by 5.0% during the first quarter. KCM Investment Advisors LLC now owns 174,943 shares of the real estate investment trust’s stock worth $13,369,000 after acquiring an additional 8,301 shares in the last quarter. Finally, Centersquare Investment Management LLC raised its position in Kilroy Realty by 14.0% during the first quarter. Centersquare Investment Management LLC now owns 3,247,850 shares of the real estate investment trust’s stock worth $248,201,000 after acquiring an additional 399,435 shares in the last quarter. 97.95% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have weighed in on KRC. StockNews.com began coverage on shares of Kilroy Realty in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Bank of America raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their price target for the company from $82.00 to $83.00 in a research note on Friday, February 25th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Kilroy Realty from $74.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, April 14th. Zacks Investment Research lowered shares of Kilroy Realty from a “buy” rating to a “hold” rating in a research note on Wednesday, April 13th. Finally, Mizuho raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their price target for the company from $71.00 to $77.00 in a research note on Thursday, January 20th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $80.38.

About Kilroy Realty (Get Rating)

Kilroy Realty Corporation (NYSE: KRC, the company, KRC) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design.

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