Koss Olinger Consulting LLC Lowers Stock Position in Kilroy Realty Co. (NYSE:KRC)

Koss Olinger Consulting LLC lessened its stake in shares of Kilroy Realty Co. (NYSE:KRC) by 22.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,961 shares of the real estate investment trust’s stock after selling 6,501 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Kilroy Realty were worth $888,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of Kilroy Realty in the third quarter valued at approximately $34,000. GAMMA Investing LLC raised its holdings in Kilroy Realty by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 1,848 shares of the real estate investment trust’s stock valued at $75,000 after acquiring an additional 374 shares in the last quarter. Fifth Third Bancorp raised its holdings in Kilroy Realty by 31.7% in the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock valued at $102,000 after acquiring an additional 607 shares in the last quarter. Versant Capital Management Inc raised its holdings in Kilroy Realty by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock valued at $105,000 after acquiring an additional 336 shares in the last quarter. Finally, KBC Group NV raised its holdings in Kilroy Realty by 54.2% in the fourth quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust’s stock valued at $195,000 after acquiring an additional 1,694 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Insider Activity

In other news, CEO Angela M. Aman acquired 2,797 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of $35.45 per share, for a total transaction of $99,153.65. Following the transaction, the chief executive officer now directly owns 2,797 shares in the company, valued at approximately $99,153.65. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.49% of the company’s stock.

Kilroy Realty Stock Performance

Shares of Kilroy Realty stock opened at $34.15 on Wednesday. The firm’s fifty day simple moving average is $35.88 and its 200-day simple moving average is $38.34. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 19.29 and a beta of 1.02. Kilroy Realty Co. has a 12 month low of $30.71 and a 12 month high of $43.78. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.21 and a quick ratio of 2.21.

Kilroy Realty (NYSE:KRC) last announced its earnings results on Monday, February 10th. The real estate investment trust reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a net margin of 18.58% and a return on equity of 3.75%. As a group, equities analysts forecast that Kilroy Realty Co. will post 4 earnings per share for the current year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be issued a $0.54 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.33%. Kilroy Realty’s payout ratio is 122.03%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Barclays raised shares of Kilroy Realty from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $42.00 to $44.00 in a report on Thursday, February 27th. Royal Bank of Canada cut their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating on the stock in a report on Monday, March 10th. Mizuho reissued a “neutral” rating and set a $43.00 price objective (down previously from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. Wells Fargo & Company cut shares of Kilroy Realty from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $43.00 to $35.00 in a report on Monday, March 10th. Finally, Evercore ISI cut their price objective on shares of Kilroy Realty from $43.00 to $41.00 and set an “in-line” rating on the stock in a report on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $40.09.

Kilroy Realty Company 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.