Duff & Phelps Investment Management Co. cut its position in Kilroy Realty Corporation (NYSE:KRC) by 3.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 748,524 shares of the real estate investment trust’s stock after selling 24,650 shares during the period. Duff & Phelps Investment Management Co.’s holdings in Kilroy Realty Corporation were worth $56,252,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Great West Life Assurance Co. Can boosted its stake in Kilroy Realty Corporation by 10.9% in the first quarter. Great West Life Assurance Co. Can now owns 122,602 shares of the real estate investment trust’s stock worth $8,834,000 after buying an additional 12,044 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Kilroy Realty Corporation by 10.2% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 15,388 shares of the real estate investment trust’s stock worth $1,109,000 after buying an additional 1,426 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Kilroy Realty Corporation by 6.1% in the first quarter. Oregon Public Employees Retirement Fund now owns 34,067 shares of the real estate investment trust’s stock worth $2,456,000 after buying an additional 1,944 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Kilroy Realty Corporation by 23.8% in the first quarter. Russell Investments Group Ltd. now owns 357,342 shares of the real estate investment trust’s stock worth $25,751,000 after buying an additional 68,773 shares in the last quarter. Finally, Glen Harbor Capital Management LLC boosted its stake in Kilroy Realty Corporation by 20.5% in the first quarter. Glen Harbor Capital Management LLC now owns 5,096 shares of the real estate investment trust’s stock worth $367,000 after buying an additional 868 shares in the last quarter. Institutional investors and hedge funds own 99.72% of the company’s stock.

Shares of Kilroy Realty Corporation (NYSE KRC) opened at 68.64 on Friday. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 49.88 and a beta of 0.74. The company has a 50-day moving average price of $72.31 and a 200-day moving average price of $73.39. Kilroy Realty Corporation has a 1-year low of $65.77 and a 1-year high of $78.33.

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

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A number of research firms recently weighed in on KRC. BidaskClub upgraded Kilroy Realty Corporation from a “hold” rating to a “buy” rating in a report on Thursday, June 15th. Deutsche Bank AG upped their target price on Kilroy Realty Corporation from $75.00 to $78.00 and gave the company a “hold” rating in a research note on Thursday, May 25th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $80.00 target price on shares of Kilroy Realty Corporation in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $79.20.

In other Kilroy Realty Corporation news, insider Justin William Smart sold 10,000 shares of Kilroy Realty Corporation stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $76.86, for a total value of $768,600.00. Following the transaction, the insider now owns 93,017 shares in the company, valued at $7,149,286.62. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 2.28% of the company’s stock.

Kilroy Realty Corporation Company Profile

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.

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

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