Kilroy Realty Co. (NYSE:KRC) CEO Angela M. Aman Purchases 2,797 Shares

Kilroy Realty Co. (NYSE:KRC) CEO Angela M. Aman bought 2,797 shares of Kilroy Realty stock in a transaction 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 completion of the purchase, the chief executive officer now directly owns 2,797 shares of the company’s stock, valued at $99,153.65. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Kilroy Realty Price Performance

Shares of KRC opened at $35.72 on Friday. Kilroy Realty Co. has a fifty-two week low of $30.71 and a fifty-two week high of $43.78. The firm’s 50 day moving average price is $37.59 and its 200 day moving average price is $38.41. The company has a market cap of $4.22 billion, a P/E ratio of 20.18 and a beta of 1.02. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.82.

Kilroy Realty (NYSE:KRC) last announced its earnings results 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%. On average, research analysts forecast that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors 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 yield of 6.05%. The ex-dividend date of this dividend is Monday, March 31st. Kilroy Realty’s payout ratio is currently 122.03%.

Institutional Investors Weigh In On Kilroy Realty

Large investors have recently added to or reduced their stakes in the business. Assetmark Inc. grew its holdings in Kilroy Realty by 1.0% during the 3rd quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust’s stock worth $1,037,000 after acquiring an additional 274 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Kilroy Realty by 0.4% during the 4th quarter. State of Alaska Department of Revenue now owns 68,456 shares of the real estate investment trust’s stock worth $2,768,000 after acquiring an additional 276 shares in the last quarter. Choreo LLC grew its holdings in Kilroy Realty by 3.2% during the 4th quarter. Choreo LLC now owns 8,852 shares of the real estate investment trust’s stock worth $358,000 after acquiring an additional 278 shares in the last quarter. M&T Bank Corp grew its holdings in Kilroy Realty by 1.3% during the 4th quarter. M&T Bank Corp now owns 22,889 shares of the real estate investment trust’s stock worth $926,000 after acquiring an additional 293 shares in the last quarter. Finally, US Bancorp DE grew its holdings in Kilroy Realty by 3.4% during the 4th quarter. US Bancorp DE now owns 9,680 shares of the real estate investment trust’s stock worth $392,000 after acquiring an additional 317 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

KRC has been the topic of a number of analyst reports. The Goldman Sachs Group reduced their target price on shares of Kilroy Realty from $48.00 to $42.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $44.00 target price on shares of Kilroy Realty in a research note on Monday, February 10th. Scotiabank downgraded shares of Kilroy Realty from a “sector perform” rating to a “sector underperform” rating and set a $38.00 price target on the stock. in a research note on Thursday, November 14th. JPMorgan Chase & Co. raised shares of Kilroy Realty from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $45.00 to $49.00 in a research note on Friday, December 20th. Finally, Mizuho reissued a “neutral” rating and issued a $43.00 price target (down from $45.00) on shares of Kilroy Realty in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Kilroy Realty presently has a consensus rating of “Hold” and an average target price of $41.45.

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.