Sei Investments Co. Has $26.89 Million Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

Sei Investments Co. grew its position in Kilroy Realty Co. (NYSE:KRC) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 664,695 shares of the real estate investment trust’s stock after acquiring an additional 5,915 shares during the quarter. Sei Investments Co.’s holdings in Kilroy Realty were worth $26,887,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Pathstone Holdings LLC lifted its position in Kilroy Realty by 3.0% in the third quarter. Pathstone Holdings LLC now owns 41,149 shares of the real estate investment trust’s stock worth $1,604,000 after purchasing an additional 1,186 shares during the period. Commerce Bank lifted its holdings in shares of Kilroy Realty by 3.0% during the 3rd quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust’s stock worth $448,000 after acquiring an additional 342 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Kilroy Realty by 1.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,171,717 shares of the real estate investment trust’s stock valued at $84,045,000 after acquiring an additional 27,660 shares in the last quarter. Penserra Capital Management LLC increased its stake in Kilroy Realty by 22.8% in the third quarter. Penserra Capital Management LLC now owns 37,569 shares of the real estate investment trust’s stock valued at $1,453,000 after acquiring an additional 6,975 shares during the period. Finally, Daiwa Securities Group Inc. raised its position in Kilroy Realty by 364.4% in the third quarter. Daiwa Securities Group Inc. now owns 155,291 shares of the real estate investment trust’s stock worth $6,010,000 after purchasing an additional 121,853 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Insider Activity at Kilroy Realty

In other news, insider A. Robert Paratte sold 6,000 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $34.74, for a total value of $208,440.00. Following the transaction, the insider now owns 86,744 shares of the company’s stock, valued at approximately $3,013,486.56. This trade represents a 6.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Angela M. Aman purchased 2,797 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of $35.45 per share, with a total value of $99,153.65. Following the completion of the purchase, the chief executive officer now owns 2,797 shares of the company’s stock, valued at $99,153.65. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.49% of the stock is owned by company insiders.

Kilroy Realty Trading Up 0.1 %

Shares of NYSE KRC opened at $35.05 on Wednesday. Kilroy Realty Co. has a 1-year low of $30.71 and a 1-year high of $43.78. The company has a 50-day moving average of $35.69 and a two-hundred day moving average of $38.32. The company has a market cap of $4.14 billion, a PE ratio of 19.80 and a beta of 1.02. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping the consensus estimate 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 expect that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 6.16%. The ex-dividend date is Monday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is presently 122.03%.

Analysts Set New Price Targets

KRC has been the topic of several analyst reports. The Goldman Sachs Group lowered their price objective on Kilroy Realty from $48.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Jefferies Financial Group initiated coverage on Kilroy Realty in a research note on Monday, March 17th. They set a “hold” rating and a $34.00 price objective for the company. Barclays upgraded shares of Kilroy Realty from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $42.00 to $44.00 in a research note on Thursday, February 27th. JPMorgan Chase & Co. upgraded shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $45.00 to $49.00 in a research report on Friday, December 20th. Finally, Royal Bank of Canada reduced their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “sector perform” rating on the stock in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $40.09.

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.