Kilroy Realty Corp (NYSE:KRC) CFO Tyler H. Rose sold 20,000 shares of Kilroy Realty stock in a transaction on Monday, February 11th. The stock was sold at an average price of $72.57, for a total transaction of $1,451,400.00. Following the transaction, the chief financial officer now directly owns 125,132 shares of the company’s stock, valued at $9,080,829.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

KRC opened at $73.28 on Thursday. Kilroy Realty Corp has a fifty-two week low of $59.05 and a fifty-two week high of $77.73. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.22 and a quick ratio of 1.01. The firm has a market cap of $7.29 billion, a PE ratio of 21.06, a PEG ratio of 2.75 and a beta of 0.85.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, February 4th. The real estate investment trust reported $0.78 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.11). Kilroy Realty had a return on equity of 6.35% and a net margin of 34.58%. The firm had revenue of $190.80 million for the quarter, compared to analyst estimates of $185.19 million. During the same period in the prior year, the business posted $0.85 EPS. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, sell-side analysts predict that Kilroy Realty Corp will post 3.69 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 17th. Stockholders of record on Friday, March 29th will be issued a dividend of $0.455 per share. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, March 28th. Kilroy Realty’s dividend payout ratio is currently 52.30%.

A number of equities research analysts have recently weighed in on the company. ValuEngine raised Kilroy Realty from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Zacks Investment Research downgraded Kilroy Realty from a “hold” rating to a “sell” rating in a report on Thursday, January 24th. Bank of America raised Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $80.00 to $82.00 in a report on Tuesday, November 13th. Finally, Wells Fargo & Co downgraded Kilroy Realty from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $82.00 to $72.00 in a report on Tuesday, December 11th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $77.75.

Institutional investors and hedge funds have recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new position in Kilroy Realty in the fourth quarter valued at about $25,000. Parallel Advisors LLC raised its stake in Kilroy Realty by 471.7% in the fourth quarter. Parallel Advisors LLC now owns 526 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 434 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in Kilroy Realty by 6,188.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,451,188 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 2,412,206 shares in the last quarter. Matthew Goff Investment Advisor LLC acquired a new position in Kilroy Realty in the third quarter valued at about $153,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new position in Kilroy Realty in the third quarter valued at about $206,000. 96.67% of the stock is owned by institutional investors.

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Kilroy Realty Company Profile

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

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