Nomura Asset Management Co. Ltd. trimmed its holdings in Kilroy Realty Corp (NYSE:KRC) by 11.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 59,710 shares of the real estate investment trust’s stock after selling 7,950 shares during the period. Nomura Asset Management Co. Ltd. owned 0.06% of Kilroy Realty worth $4,246,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Kilroy Realty 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 valued at $1,078,000 after buying an additional 62 shares during the last quarter. State of Wisconsin Investment Board raised its holdings in shares of Kilroy Realty 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 valued at $1,448,000 after buying an additional 70 shares during the last quarter. Phocas Financial Corp. raised its holdings in shares of Kilroy Realty by 3.0% in the second quarter. Phocas Financial Corp. now owns 8,397 shares of the real estate investment trust’s stock valued at $631,000 after buying an additional 248 shares during the last quarter. GAM Holding AG raised its holdings in shares of Kilroy Realty by 3.9% in the second quarter. GAM Holding AG now owns 8,278 shares of the real estate investment trust’s stock valued at $622,000 after buying an additional 310 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Kilroy Realty by 0.3% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 93,262 shares of the real estate investment trust’s stock valued at $7,009,000 after buying an additional 316 shares during the last quarter. 97.86% of the stock is owned by institutional investors and hedge funds.

Kilroy Realty Corp (NYSE:KRC) opened at $75.27 on Friday. Kilroy Realty Corp has a one year low of $67.00 and a one year high of $78.33. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.63. The stock has a market cap of $7,389.49, a PE ratio of 21.90, a PEG ratio of 2.97 and a beta of 0.79.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). Kilroy Realty had a return on equity of 4.44% and a net margin of 23.77%. The firm had revenue of $181.50 million for the quarter, compared to analyst estimates of $179.03 million. During the same quarter last year, the firm earned $0.92 earnings per share. The company’s revenue was up 7.8% compared to the same quarter last year. research analysts predict that Kilroy Realty Corp will post 3.52 EPS for the current year.

A number of equities research analysts have recently commented on KRC shares. Evercore ISI raised shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $78.00 target price for the company in a report on Monday, August 14th. BidaskClub raised shares of Kilroy Realty from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Zacks Investment Research cut shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Bank of America lowered shares of Kilroy Realty from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $80.00 to $77.00 in a research note on Wednesday, August 16th. Finally, KeyCorp reiterated a “hold” rating on shares of Kilroy Realty in a research note on Friday, August 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $77.43.

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About Kilroy Realty

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 (NYSE:KRC)

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