Teacher Retirement System of Texas boosted its position in Kilroy Realty Corporation (NYSE:KRC) by 2.2% during the second quarter, Holdings Channel reports. The fund owned 73,843 shares of the real estate investment trust’s stock after buying an additional 1,577 shares during the period. Teacher Retirement System of Texas’ holdings in Kilroy Realty Corporation were worth $5,549,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Public Employees Retirement Association of Colorado increased its stake in shares of Kilroy Realty Corporation by 0.6% in the first quarter. Public Employees Retirement Association of Colorado now owns 23,489 shares of the real estate investment trust’s stock worth $1,693,000 after buying an additional 132 shares during the last quarter. 1st Global Advisors Inc. increased its stake in shares of Kilroy Realty Corporation by 2.5% in the first quarter. 1st Global Advisors Inc. now owns 7,117 shares of the real estate investment trust’s stock worth $513,000 after buying an additional 172 shares during the last quarter. World Asset Management Inc increased its stake 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 during the last quarter. US Bancorp DE increased its stake in shares of Kilroy Realty Corporation by 2.4% in the first quarter. US Bancorp DE now owns 10,482 shares of the real estate investment trust’s stock worth $756,000 after buying an additional 248 shares during the last quarter. Finally, Kissinger Financial Services LLC increased its stake 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 during the last quarter. 99.72% of the stock is owned by institutional investors and hedge funds.

Kilroy Realty Corporation (NYSE:KRC) opened at 69.97 on Wednesday. The company has a market capitalization of $6.88 billion, a P/E ratio of 50.85 and a beta of 0.74. The stock’s 50 day moving average is $71.92 and its 200-day moving average is $73.26. Kilroy Realty Corporation has a 52-week low of $65.77 and a 52-week high of $78.33.

Kilroy Realty Corporation (NYSE:KRC) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.01. The business had revenue of $180.60 million during the quarter, compared to analysts’ expectations of $178.63 million. Kilroy Realty Corporation had a net margin of 21.75% and a return on equity of 4.11%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 earnings per share. Analysts predict that Kilroy Realty Corporation will post $1.26 EPS for the current fiscal year.

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A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Kilroy Realty Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday. BidaskClub raised shares of Kilroy Realty Corporation from a “strong sell” rating to a “sell” rating in a research report on Monday. Evercore ISI raised shares of Kilroy Realty Corporation from an “in-line” rating to an “outperform” rating and set a $78.00 price objective for the company in a research report on Monday. Deutsche Bank AG upped their price objective on shares of Kilroy Realty Corporation from $75.00 to $78.00 and gave the stock a “hold” rating in a research report on Thursday, May 25th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Kilroy Realty Corporation in a research report on Thursday, July 6th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $79.40.

In other Kilroy Realty Corporation news, insider Justin William Smart sold 10,000 shares of Kilroy Realty Corporation stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $76.66, for a total value of $766,600.00. Following the completion of the transaction, the insider now directly owns 93,017 shares of the company’s stock, valued at $7,130,683.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.28% of the stock is currently owned by insiders.

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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