American Century Companies Inc. raised its position in shares of Kilroy Realty Corporation (NYSE:KRC) by 60.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 405,312 shares of the real estate investment trust’s stock after buying an additional 152,863 shares during the period. American Century Companies Inc. owned approximately 0.41% of Kilroy Realty Corporation worth $30,459,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. State of Wisconsin Investment Board increased its stake in Kilroy Realty Corporation by 0.4% in the second quarter. State of Wisconsin Investment Board now owns 19,263 shares of the real estate investment trust’s stock worth $1,448,000 after buying an additional 70 shares during the last quarter. Public Employees Retirement Association of Colorado increased its stake in shares of Kilroy Realty Corporation by 0.6% in the first quarter. Public Employees Retirement Association of Colorado now owns 23,489 shares of the real estate investment trust’s stock worth $1,693,000 after buying an additional 132 shares in the last quarter. 1st Global Advisors Inc. increased its stake in shares of Kilroy Realty Corporation by 2.5% in the first quarter. 1st Global Advisors Inc. now owns 7,117 shares of the real estate investment trust’s stock worth $513,000 after buying an additional 172 shares in the last quarter. World Asset Management Inc increased its stake in shares of Kilroy Realty Corporation by 2.5% in the second quarter. World Asset Management Inc now owns 7,645 shares of the real estate investment trust’s stock worth $575,000 after buying an additional 183 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Kilroy Realty Corporation by 2.4% in the first quarter. US Bancorp DE now owns 10,482 shares of the real estate investment trust’s stock worth $756,000 after buying an additional 248 shares in the last quarter. Institutional investors own 99.72% of the company’s stock.

Shares of Kilroy Realty Corporation (NYSE KRC) opened at 69.23 on Friday. The company has a 50-day moving average of $70.18 and a 200 day moving average of $72.85. Kilroy Realty Corporation has a 12-month low of $65.77 and a 12-month high of $78.33. The firm has a market cap of $6.80 billion, a P/E ratio of 50.31 and a beta of 0.74.

Kilroy Realty Corporation (NYSE:KRC) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 EPS for the quarter, topping the consensus estimate of $0.86 by $0.01. Kilroy Realty Corporation had a net margin of 21.75% and a return on equity of 4.11%. The firm had revenue of $180.60 million during the quarter, compared to analyst estimates of $178.63 million. During the same quarter in the prior year, the business posted $0.86 earnings per share. Kilroy Realty Corporation’s revenue for the quarter was up 12.8% compared to the same quarter last year. Equities research analysts anticipate that Kilroy Realty Corporation will post $1.26 earnings per share for the current fiscal year.

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A number of brokerages have recently issued reports on KRC. Zacks Investment Research upgraded shares of Kilroy Realty Corporation from a “sell” rating to a “hold” rating in a report on Tuesday. BidaskClub upgraded shares of Kilroy Realty Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Deutsche Bank AG raised their price target on shares of Kilroy Realty Corporation from $75.00 to $78.00 and gave the stock a “hold” rating in a report on Thursday, May 25th. Stifel Nicolaus restated a “buy” rating and set a $80.00 price target on shares of Kilroy Realty Corporation in a report on Thursday, July 6th. Finally, KeyCorp restated a “hold” rating on shares of Kilroy Realty Corporation in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. Kilroy Realty Corporation currently has a consensus rating of “Hold” and an average price target of $79.00.

In related news, insider Justin William Smart sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $76.66, for a total transaction of $766,600.00. Following the completion of the transaction, the insider now owns 93,017 shares of the company’s stock, valued at $7,130,683.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.28% of the company’s stock.

About Kilroy Realty Corporation

Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.

Institutional Ownership by Quarter for Kilroy Realty Corporation (NYSE:KRC)

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