89,520 Shares in Kilroy Realty Co. (NYSE:KRC) Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC bought a new stake in Kilroy Realty Co. (NYSE:KRC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 89,520 shares of the real estate investment trust’s stock, valued at approximately $3,621,000. New Age Alpha Advisors LLC owned about 0.08% of Kilroy Realty as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Kilroy Realty during the 3rd quarter valued at about $34,000. GAMMA Investing LLC grew its position in Kilroy Realty by 25.4% during 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 during the last quarter. Fifth Third Bancorp raised its stake in shares of Kilroy Realty by 31.7% during the fourth quarter. Fifth Third Bancorp now owns 2,523 shares of the real estate investment trust’s stock worth $102,000 after acquiring an additional 607 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Kilroy Realty by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 2,601 shares of the real estate investment trust’s stock worth $105,000 after acquiring an additional 336 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Kilroy Realty by 54.2% in the 4th quarter. KBC Group NV now owns 4,819 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 1,694 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, insider A. Robert Paratte sold 6,000 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $34.74, for a total value of $208,440.00. Following the sale, the insider now directly owns 86,744 shares of the company’s stock, valued at approximately $3,013,486.56. The trade was a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John Osmond sold 4,000 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total value of $140,640.00. Following the completion of the sale, the executive vice president now directly owns 12,528 shares in the company, valued at approximately $440,484.48. This represents a 24.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on KRC shares. Barclays upgraded shares of Kilroy Realty from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $42.00 to $44.00 in a research report on Thursday, February 27th. JPMorgan Chase & Co. raised Kilroy Realty from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Mizuho restated a “neutral” rating and set a $43.00 target price (down from $45.00) on shares of Kilroy Realty in a report on Tuesday, January 7th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $36.00 price target (down from $42.00) on shares of Kilroy Realty in a research note on Friday. Finally, Jefferies Financial Group assumed 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. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $39.55.

Kilroy Realty Trading Down 2.8 %

Shares of KRC opened at $33.26 on Friday. Kilroy Realty Co. has a 1-year low of $30.71 and a 1-year high of $43.78. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 18.79 and a beta of 1.02. The firm’s 50-day moving average price is $35.43 and its 200-day moving average price is $38.25. 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 earnings results on Monday, February 10th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.17. Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. Sell-side analysts anticipate that Kilroy Realty Co. will post 4 EPS 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 dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.50%. The ex-dividend date of this dividend is Monday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is presently 122.03%.

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.