Price T Rowe Associates Inc. MD Has $115.22 Million Stake in Kilroy Realty Co. (NYSE:KRC)

Price T Rowe Associates Inc. MD grew its holdings in shares of Kilroy Realty Co. (NYSE:KRC) by 18.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,162,748 shares of the real estate investment trust’s stock after acquiring an additional 487,556 shares during the period. Price T Rowe Associates Inc. MD owned 2.69% of Kilroy Realty worth $115,220,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Parallel Advisors LLC grew its stake in Kilroy Realty by 6.4% during the fourth quarter. Parallel Advisors LLC now owns 4,932 shares of the real estate investment trust’s stock worth $196,000 after purchasing an additional 295 shares during the period. State of Alaska Department of Revenue grew its position in shares of Kilroy Realty by 0.5% during the 1st quarter. State of Alaska Department of Revenue now owns 67,153 shares of the real estate investment trust’s stock worth $2,444,000 after buying an additional 349 shares during the period. Ballentine Partners LLC increased its stake in shares of Kilroy Realty by 2.7% in the 1st quarter. Ballentine Partners LLC now owns 16,809 shares of the real estate investment trust’s stock valued at $612,000 after acquiring an additional 438 shares in the last quarter. New York State Teachers Retirement System lifted its position in shares of Kilroy Realty by 0.3% during the 1st quarter. New York State Teachers Retirement System now owns 150,996 shares of the real estate investment trust’s stock valued at $5,501,000 after acquiring an additional 501 shares during the period. Finally, CWM LLC boosted its stake in Kilroy Realty by 26.9% during the fourth quarter. CWM LLC now owns 2,822 shares of the real estate investment trust’s stock worth $112,000 after acquiring an additional 598 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Up 1.3 %

Shares of NYSE KRC traded up $0.45 during trading on Monday, hitting $36.45. The stock had a trading volume of 207,336 shares, compared to its average volume of 1,042,411. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.30 and a quick ratio of 3.30. The firm has a fifty day moving average of $32.93 and a two-hundred day moving average of $34.63. Kilroy Realty Co. has a 12 month low of $26.78 and a 12 month high of $43.37. The company has a market capitalization of $4.28 billion, a PE ratio of 20.69 and a beta of 1.04.

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 10th. Shareholders of record on Friday, June 28th were paid a $0.54 dividend. The ex-dividend date was Friday, June 28th. This represents a $2.16 annualized dividend and a yield of 5.93%. Kilroy Realty’s dividend payout ratio (DPR) is 124.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. KeyCorp decreased their price target on shares of Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a research note on Tuesday, July 2nd. Deutsche Bank Aktiengesellschaft dropped their price target on Kilroy Realty from $40.00 to $34.00 and set a “hold” rating on the stock in a research note on Thursday, May 30th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $38.20.

Insider Transactions at Kilroy Realty

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

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.