Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Kilroy Realty Co. (NYSE:KRC) by 18.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,967 shares of the real estate investment trust’s stock after buying an additional 11,993 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.07% of Kilroy Realty worth $3,066,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC boosted its position in shares of Kilroy Realty by 458.9% during the fourth 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. Covestor Ltd boosted its position in shares of Kilroy Realty by 23.8% during the third 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. Fifth Third Bancorp boosted its position in shares of Kilroy Realty by 28.1% during the third quarter. Fifth Third Bancorp now owns 2,464 shares of the real estate investment trust’s stock worth $78,000 after buying an additional 540 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Kilroy Realty by 15.9% during the third quarter. EverSource Wealth Advisors LLC now owns 2,800 shares of the real estate investment trust’s stock worth $89,000 after buying an additional 384 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of Kilroy Realty by 36.5% during the third quarter. PNC Financial Services Group Inc. now owns 2,888 shares of the real estate investment trust’s stock worth $91,000 after buying an additional 772 shares during the period. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Kilroy Realty Stock Up 1.0 %

Shares of NYSE KRC opened at $33.41 on Tuesday. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 18.56, a price-to-earnings-growth ratio of 2.46 and a beta of 1.02. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.65 and a quick ratio of 2.65. The business has a 50-day moving average of $35.23 and a two-hundred day moving average of $35.03. Kilroy Realty Co. has a 1 year low of $25.99 and a 1 year high of $43.37.

Kilroy Realty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Friday, March 29th were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date of this dividend was Wednesday, March 27th. Kilroy Realty’s dividend payout ratio (DPR) is 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.