BNP Paribas Arbitrage SA Has $4.54 Million Holdings in Kilroy Realty Corporation (KRC)
BNP Paribas Arbitrage SA lowered its position in shares of Kilroy Realty Corporation (NYSE:KRC) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,850 shares of the real estate investment trust’s stock after selling 3,822 shares during the period. BNP Paribas Arbitrage SA owned about 0.06% of Kilroy Realty Corporation worth $4,541,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently made changes to their positions in KRC. Advisor Group Inc. boosted its position in Kilroy Realty Corporation by 27.8% during the 2nd quarter. Advisor Group Inc. now owns 1,961 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 426 shares during the period. Perigon Wealth Management LLC boosted its position in Kilroy Realty Corporation by 54.5% during the 2nd quarter. Perigon Wealth Management LLC now owns 2,125 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 750 shares during the period. KCG Holdings Inc. purchased a new stake in Kilroy Realty Corporation during the 1st quarter valued at $218,000. Quantbot Technologies LP lifted its position in shares of Kilroy Realty Corporation by 53.8% in the 2nd quarter. Quantbot Technologies LP now owns 3,205 shares of the real estate investment trust’s stock worth $240,000 after purchasing an additional 1,121 shares during the period. Finally, TLP Group LLC purchased a new stake in shares of Kilroy Realty Corporation in the 2nd quarter worth about $254,000. 99.81% of the stock is owned by institutional investors and hedge funds.
Several research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Kilroy Realty Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. Stifel Nicolaus reiterated a “buy” rating and issued a $77.00 price target on shares of Kilroy Realty Corporation in a research note on Thursday, September 21st. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Kilroy Realty Corporation in a research note on Tuesday, September 19th. They issued a “neutral” rating and a $70.00 price target for the company. KeyCorp reiterated a “hold” rating on shares of Kilroy Realty Corporation in a research note on Friday, August 25th. Finally, Bank of America Corporation lowered shares of Kilroy Realty Corporation from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $80.00 to $77.00 in a research note on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $77.50.
COPYRIGHT VIOLATION NOTICE: “BNP Paribas Arbitrage SA Has $4.54 Million Holdings in Kilroy Realty Corporation (KRC)” was posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/bnp-paribas-arbitrage-sa-has-4-54-million-holdings-in-kilroy-realty-corporation-krc/1713760.html.
Kilroy Realty Corporation (KRC) opened at $74.13 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.63. The stock has a market cap of $7,293.06, a P/E ratio of 21.61, a P/E/G ratio of 2.93 and a beta of 0.77. Kilroy Realty Corporation has a 1-year low of $67.00 and a 1-year high of $78.33.
Kilroy Realty Corporation (NYSE:KRC) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). The business had revenue of $181.50 million during the quarter, compared to analysts’ expectations of $179.03 million. Kilroy Realty Corporation had a return on equity of 4.44% and a net margin of 23.77%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 EPS. analysts expect that Kilroy Realty Corporation will post 3.52 EPS for the current year.
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.
Want to see what other hedge funds are holding KRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kilroy Realty Corporation (NYSE:KRC).
Receive News & Ratings for Kilroy Realty Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kilroy Realty Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.