Fidelis Capital Partners LLC Makes New Investment in Kilroy Realty Co. (NYSE:KRC)

Fidelis Capital Partners LLC bought a new position in shares of Kilroy Realty Co. (NYSE:KRCFree Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 711 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Kilroy Realty in the fourth quarter worth $360,831,000. Wellington Management Group LLP acquired a new position in shares of Kilroy Realty in the third quarter worth $25,093,000. Senvest Management LLC raised its holdings in shares of Kilroy Realty by 21.4% in the fourth quarter. Senvest Management LLC now owns 3,595,212 shares of the real estate investment trust’s stock worth $143,233,000 after acquiring an additional 634,136 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of Kilroy Realty by 265.6% in the fourth quarter. Schroder Investment Management Group now owns 482,536 shares of the real estate investment trust’s stock worth $19,224,000 after acquiring an additional 350,546 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Kilroy Realty by 2.0% in the third quarter. Vanguard Group Inc. now owns 16,906,218 shares of the real estate investment trust’s stock worth $534,406,000 after acquiring an additional 334,859 shares during the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Kilroy Realty news, insider A. Robert Paratte sold 12,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $33.35, for a total transaction of $400,200.00. Following the completion of the sale, the insider now directly owns 68,139 shares in the company, valued at $2,272,435.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CAO Merryl Elizabeth Werber sold 3,329 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $33.66, for a total value of $112,054.14. Following the completion of the sale, the chief accounting officer now owns 29,081 shares of the company’s stock, valued at $978,866.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider A. Robert Paratte sold 12,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $33.35, for a total value of $400,200.00. Following the completion of the sale, the insider now directly owns 68,139 shares of the company’s stock, valued at approximately $2,272,435.65. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by insiders.

Kilroy Realty Stock Performance

Shares of NYSE:KRC opened at $32.29 on Thursday. The firm has a market capitalization of $3.79 billion, a PE ratio of 18.56 and a beta of 1.04. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.30 and a quick ratio of 3.30. The business has a 50-day moving average of $32.71 and a two-hundred day moving average of $35.11. Kilroy Realty Co. has a 12 month low of $26.78 and a 12 month high of $43.37.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 10th. Shareholders of record on Friday, June 28th were paid a dividend of $0.54 per share. The ex-dividend date was Friday, June 28th. This represents a $2.16 annualized dividend and a yield of 6.69%. Kilroy Realty’s dividend payout ratio is presently 124.14%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. KeyCorp cut their price target on Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a report on Tuesday, July 2nd. Barclays initiated coverage on Kilroy Realty in a research note on Wednesday, March 27th. They issued an “equal weight” rating and a $38.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Kilroy Realty from $40.00 to $34.00 and set a “hold” rating for the company in a research note on Thursday, May 30th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $38.20.

View Our Latest Report on Kilroy Realty

Kilroy Realty Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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