Signaturefd LLC Has $339,000 Stake in Kilroy Realty Co. (NYSE:KRC)

Signaturefd LLC reduced its stake in Kilroy Realty Co. (NYSE:KRC) by 7.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,516 shares of the real estate investment trust’s stock after selling 648 shares during the quarter. Signaturefd LLC’s holdings in Kilroy Realty were worth $339,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its holdings in Kilroy Realty by 458.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,006 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 826 shares during the last quarter. Covestor Ltd lifted its holdings in Kilroy Realty by 23.8% in the 3rd quarter. Covestor Ltd now owns 1,933 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 372 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Kilroy Realty by 28.1% in the 3rd quarter. Fifth Third Bancorp now owns 2,464 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 540 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Kilroy Realty by 15.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,800 shares of the real estate investment trust’s stock worth $89,000 after purchasing an additional 384 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Kilroy Realty by 36.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,888 shares of the real estate investment trust’s stock worth $91,000 after purchasing an additional 772 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on KRC. Deutsche Bank Aktiengesellschaft began coverage on Kilroy Realty in a report on Tuesday, January 30th. They issued a “hold” rating and a $40.00 target price for the company. Barclays initiated coverage on Kilroy Realty in a research report on Wednesday, March 27th. They issued an “equal weight” rating and a $38.00 price target on the stock. Royal Bank of Canada downgraded Kilroy Realty from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $44.00 to $39.00 in a research report on Friday, March 8th. Finally, KeyCorp dropped their price target on Kilroy Realty from $47.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 28th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.00.

Kilroy Realty Stock Performance

KRC opened at $33.23 on Friday. The stock has a market cap of $3.90 billion, a PE ratio of 18.46, a P/E/G ratio of 2.51 and a beta of 1.02. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.87. Kilroy Realty Co. has a 1 year low of $25.99 and a 1 year high of $43.37. The stock’s 50 day simple moving average is $35.18 and its 200-day simple moving average is $35.04.

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Friday, March 29th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.50%. The ex-dividend date was Wednesday, March 27th. Kilroy Realty’s dividend payout ratio is presently 120.00%.

Kilroy Realty Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.