Macquarie Group Ltd. lessened its holdings in Kilroy Realty Corporation (NYSE:KRC) by 38.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 125,797 shares of the real estate investment trust’s stock after selling 77,903 shares during the period. Macquarie Group Ltd. owned 0.13% of Kilroy Realty Corporation worth $9,454,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Kilroy Realty Corporation by 0.4% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,344 shares of the real estate investment trust’s stock worth $1,078,000 after buying an additional 62 shares in the last quarter. State of Wisconsin Investment Board raised its position in shares of 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 in the last quarter. World Asset Management Inc raised its position 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. Kissinger Financial Services LLC raised its position in shares of Kilroy Realty Corporation by 1.8% in the second quarter. Kissinger Financial Services LLC now owns 16,760 shares of the real estate investment trust’s stock worth $1,259,000 after buying an additional 295 shares in the last quarter. Finally, GAM Holding AG raised its position in shares of Kilroy Realty Corporation by 3.9% in the second quarter. GAM Holding AG now owns 8,278 shares of the real estate investment trust’s stock worth $622,000 after buying an additional 310 shares in the last quarter. Institutional investors own 99.78% of the company’s stock.

Kilroy Realty Corporation (KRC) opened at 72.75 on Monday. The stock’s 50 day moving average is $70.05 and its 200 day moving average is $71.98. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 52.87 and a beta of 0.77. Kilroy Realty Corporation has a 12-month low of $66.98 and a 12-month high of $78.33.

Kilroy Realty Corporation (NYSE:KRC) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 earnings per share 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 analysts’ expectations of $178.63 million. During the same quarter in the prior year, the company earned $0.86 EPS. The company’s revenue was up 12.8% compared to the same quarter last year. Equities analysts predict that Kilroy Realty Corporation will post $1.26 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Friday, September 29th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.34%. Kilroy Realty Corporation’s payout ratio is 122.30%.

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A number of brokerages recently issued reports on KRC. Zacks Investment Research downgraded Kilroy Realty Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $77.00 price objective on shares of Kilroy Realty Corporation in a research report on Thursday, September 21st. Goldman Sachs Group, Inc. (The) assumed coverage on Kilroy Realty Corporation in a research report on Tuesday, September 19th. They issued a “neutral” rating and a $70.00 price objective on the stock. KeyCorp reissued a “hold” rating on shares of Kilroy Realty Corporation in a research note on Friday, August 25th. Finally, Bank of America Corporation cut Kilroy Realty Corporation from a “buy” rating to a “neutral” rating and reduced their target price for the company from $80.00 to $77.00 in a research note on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. Kilroy Realty Corporation currently has an average rating of “Hold” and an average price target of $77.50.

Kilroy Realty Corporation 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.

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

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