Cwm LLC Raises Position in Kilroy Realty Co. (NYSE:KRC)

Cwm LLC boosted its stake in Kilroy Realty Co. (NYSE:KRC) by 26.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,822 shares of the real estate investment trust’s stock after buying an additional 598 shares during the quarter. Cwm LLC’s holdings in Kilroy Realty were worth $112,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of KRC. Coldstream Capital Management Inc. lifted its holdings in shares of Kilroy Realty by 4.3% during the third quarter. Coldstream Capital Management Inc. now owns 8,284 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 342 shares during the last quarter. Covestor Ltd increased 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 valued at $61,000 after acquiring an additional 372 shares in the last quarter. EverSource Wealth Advisors LLC increased 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 valued at $89,000 after acquiring an additional 384 shares in the last quarter. Arizona State Retirement System increased its position in shares of Kilroy Realty by 1.4% during the third quarter. Arizona State Retirement System now owns 31,680 shares of the real estate investment trust’s stock valued at $1,001,000 after acquiring an additional 429 shares in the last quarter. Finally, Fifth Third Bancorp increased 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 valued at $78,000 after acquiring an additional 540 shares in the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Kilroy Realty Stock Performance

NYSE:KRC opened at $34.27 on Tuesday. The stock has a 50-day simple moving average of $34.87 and a two-hundred day simple moving average of $35.28. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.65 and a current ratio of 3.30. Kilroy Realty Co. has a 52-week low of $25.99 and a 52-week high of $43.37. The firm has a market capitalization of $4.02 billion, a PE ratio of 19.69, a P/E/G ratio of 2.52 and a beta of 1.02.

Kilroy Realty Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Friday, March 29th were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 6.30%. The ex-dividend date of this dividend was Wednesday, March 27th. Kilroy Realty’s dividend payout ratio is 124.14%.

Analysts Set New Price Targets

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

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.