Oregon Public Employees Retirement Fund Has $1.29 Million Stock Position in Kilroy Realty Co. (NYSE:KRC)

Oregon Public Employees Retirement Fund boosted its position in shares of Kilroy Realty Co. (NYSE:KRCGet Rating) by 1.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,618 shares of the real estate investment trust’s stock after buying an additional 300 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Kilroy Realty were worth $1,289,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Great West Life Assurance Co. Can bought a new stake in Kilroy Realty during the 3rd quarter worth about $6,873,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in Kilroy Realty by 5.6% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 50,023 shares of the real estate investment trust’s stock worth $2,106,000 after purchasing an additional 2,646 shares during the last quarter. Aew Capital Management L P raised its holdings in Kilroy Realty by 5.5% during the 3rd quarter. Aew Capital Management L P now owns 520,228 shares of the real estate investment trust’s stock worth $21,907,000 after purchasing an additional 27,140 shares during the last quarter. New York State Teachers Retirement System raised its holdings in Kilroy Realty by 6.6% during the 3rd quarter. New York State Teachers Retirement System now owns 161,724 shares of the real estate investment trust’s stock worth $6,810,000 after purchasing an additional 10,000 shares during the last quarter. Finally, US Bancorp DE raised its holdings in Kilroy Realty by 20.2% during the 3rd quarter. US Bancorp DE now owns 5,277 shares of the real estate investment trust’s stock worth $222,000 after purchasing an additional 888 shares during the last quarter. 89.86% of the stock is owned by institutional investors.

Kilroy Realty Price Performance

NYSE KRC opened at $39.02 on Monday. The business has a 50 day simple moving average of $39.99 and a 200 day simple moving average of $44.91. Kilroy Realty Co. has a 52-week low of $37.15 and a 52-week high of $79.06. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market cap of $4.56 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 1.56 and a beta of 0.82.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 11th. Shareholders of record on Friday, December 30th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date was Thursday, December 29th. Kilroy Realty’s dividend payout ratio (DPR) is currently 111.92%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Evercore ISI dropped their price objective on Kilroy Realty from $61.00 to $59.00 and set an “in-line” rating for the company in a report on Tuesday, September 27th. Wells Fargo & Company lowered their price target on Kilroy Realty to $46.00 in a research note on Wednesday, December 14th. Jefferies Financial Group cut Kilroy Realty from a “buy” rating to a “hold” rating and lowered their price target for the company from $48.00 to $39.00 in a research note on Monday, January 2nd. They noted that the move was a valuation call. Credit Suisse Group lowered their price target on Kilroy Realty to $38.00 in a research note on Thursday, October 20th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Kilroy Realty from $60.00 to $47.00 and set a “hold” rating for the company in a research note on Thursday, October 13th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Kilroy Realty currently has a consensus rating of “Hold” and a consensus target price of $56.75.

About Kilroy Realty

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Kilroy Realty Corp. operates as a self-administered real estate investment trust, which engages in the development, acquisition, and management of office and mixed-use real estate assets. 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 (NYSE:KRC)

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