39,150 Shares in Kilroy Realty Co. (NYSE:KRC) Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Kilroy Realty Co. (NYSE:KRC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 39,150 shares of the real estate investment trust’s stock, valued at approximately $1,560,000.

Other hedge funds have also added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its position in Kilroy Realty by 458.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,006 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 826 shares during the period. Captrust Financial Advisors acquired a new stake in Kilroy Realty during the 2nd quarter worth approximately $59,000. First Manhattan Co. acquired a new stake in Kilroy Realty during the 1st quarter worth approximately $105,000. Lazard Asset Management LLC acquired a new stake in Kilroy Realty during the 4th quarter worth approximately $53,000. Finally, Covestor Ltd boosted its position in Kilroy Realty by 23.8% during the 3rd quarter. Covestor Ltd now owns 1,933 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 372 shares during the period. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on KRC shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Kilroy Realty in a research report on Tuesday, January 30th. They set a “hold” rating and a $40.00 target price on the stock. KeyCorp dropped their price target on shares of Kilroy Realty from $47.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 28th. Royal Bank of Canada downgraded shares of Kilroy Realty from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $44.00 to $39.00 in a research report on Friday, March 8th. Finally, Barclays assumed coverage on shares of Kilroy Realty in a research report on Wednesday, March 27th. They issued an “equal weight” rating and a $38.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and a consensus target price of $39.00.

Kilroy Realty Stock Performance

NYSE:KRC opened at $33.09 on Friday. The company has a fifty day moving average of $35.28 and a 200-day moving average of $34.97. The firm has a market capitalization of $3.88 billion, a P/E ratio of 18.38, a P/E/G ratio of 2.43 and a beta of 1.02. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.87. Kilroy Realty Co. has a twelve month low of $25.99 and a twelve month high of $43.37.

Kilroy Realty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Friday, March 29th were paid a $0.54 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $2.16 annualized dividend and a dividend yield of 6.53%. Kilroy Realty’s dividend payout ratio is currently 120.00%.

Kilroy Realty Profile

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.