Morgan Stanley decreased its position in shares of Kilroy Realty Corp (NYSE:KRC) by 21.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,070,112 shares of the real estate investment trust’s stock after selling 284,133 shares during the period. Morgan Stanley owned about 1.06% of Kilroy Realty worth $80,943,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Kilroy Realty by 0.6% in the 2nd quarter. BlackRock Inc. now owns 11,717,544 shares of the real estate investment trust’s stock worth $886,315,000 after buying an additional 69,048 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Kilroy Realty by 0.9% in the 1st quarter. Principal Financial Group Inc. now owns 3,915,763 shares of the real estate investment trust’s stock worth $277,862,000 after buying an additional 35,939 shares during the last quarter. Brookfield Asset Management Inc. grew its stake in shares of Kilroy Realty by 70.3% in the 1st quarter. Brookfield Asset Management Inc. now owns 2,283,248 shares of the real estate investment trust’s stock worth $162,019,000 after buying an additional 942,200 shares during the last quarter. Resolution Capital Ltd grew its stake in shares of Kilroy Realty by 17.0% in the 2nd quarter. Resolution Capital Ltd now owns 1,885,377 shares of the real estate investment trust’s stock worth $142,610,000 after buying an additional 274,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Kilroy Realty by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,478,907 shares of the real estate investment trust’s stock worth $111,863,000 after buying an additional 22,167 shares during the last quarter. Institutional investors own 96.58% of the company’s stock.

Several analysts recently weighed in on the company. Deutsche Bank upped their price target on Kilroy Realty from $75.00 to $81.00 and gave the stock a “hold” rating in a research note on Tuesday, June 26th. Robert W. Baird restated a “hold” rating and issued a $78.00 price target on shares of Kilroy Realty in a research note on Wednesday, August 1st. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Kilroy Realty currently has an average rating of “Hold” and an average target price of $78.14.

KRC stock opened at $71.41 on Monday. The company has a market capitalization of $7.19 billion, a P/E ratio of 21.00, a price-to-earnings-growth ratio of 2.69 and a beta of 0.66. Kilroy Realty Corp has a 12-month low of $62.91 and a 12-month high of $77.73. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.69.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Wednesday, July 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.63). The business had revenue of $187.10 million during the quarter, compared to the consensus estimate of $182.30 million. Kilroy Realty had a net margin of 22.42% and a return on equity of 4.12%. The business’s revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company posted $0.87 earnings per share. analysts forecast that Kilroy Realty Corp will post 3.58 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 17th. Investors of record on Friday, September 28th will be given a $0.455 dividend. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $1.82 annualized dividend and a yield of 2.55%. Kilroy Realty’s dividend payout ratio (DPR) is presently 53.53%.

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

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