Kilroy Realty Co. (NYSE:KRC) Shares Purchased by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. raised its position in Kilroy Realty Co. (NYSE:KRC) by 222.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 276,037 shares of the real estate investment trust’s stock after buying an additional 190,350 shares during the quarter. Jupiter Asset Management Ltd. owned about 0.24% of Kilroy Realty worth $10,056,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Senvest Management LLC increased its stake in shares of Kilroy Realty by 21.4% during 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 period. Sei Investments Co. raised its stake in shares of Kilroy Realty by 139.4% during the 1st quarter. Sei Investments Co. now owns 693,552 shares of the real estate investment trust’s stock worth $25,266,000 after buying an additional 403,807 shares in the last quarter. APG Asset Management US Inc. lifted its holdings in shares of Kilroy Realty by 5.0% in the 4th quarter. APG Asset Management US Inc. now owns 5,380,747 shares of the real estate investment trust’s stock valued at $214,369,000 after buying an additional 255,835 shares during the period. Norges Bank purchased a new stake in shares of Kilroy Realty in the fourth quarter valued at approximately $360,831,000. Finally, Venture Visionary Partners LLC acquired a new position in Kilroy Realty during the fourth quarter worth $1,556,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Insiders Place Their Bets

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

Analysts Set New Price Targets

KRC has been the topic of several research analyst reports. Barclays began coverage on shares of Kilroy Realty in a research report on Wednesday, March 27th. They set an “equal weight” rating and a $38.00 target price on the stock. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Kilroy Realty from $40.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, May 30th. Finally, KeyCorp decreased their price target on Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 2nd. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $38.20.

Kilroy Realty Price Performance

NYSE:KRC traded down $0.49 during trading hours on Friday, reaching $34.55. 503,966 shares of the company traded hands, compared to its average volume of 982,753. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.30 and a quick ratio of 3.30. Kilroy Realty Co. has a 1-year low of $26.78 and a 1-year high of $43.37. The firm’s 50-day moving average is $32.88 and its 200-day moving average is $34.85. The stock has a market cap of $4.06 billion, a P/E ratio of 19.86 and a beta of 1.04.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 10th. Shareholders of record on Friday, June 28th were issued a $0.54 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $2.16 dividend on an annualized basis and a yield of 6.25%. Kilroy Realty’s dividend payout ratio (DPR) is 124.14%.

About Kilroy Realty

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.