Nisa Investment Advisors LLC Boosts Position in Kilroy Realty Co. (NYSE:KRC)

Nisa Investment Advisors LLC lifted its position in Kilroy Realty Co. (NYSE:KRC) by 5.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,058 shares of the real estate investment trust’s stock after buying an additional 5,647 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Kilroy Realty were worth $3,744,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC raised its holdings in shares of Kilroy Realty by 6.4% in the 4th quarter. Parallel Advisors LLC now owns 4,932 shares of the real estate investment trust’s stock valued at $196,000 after acquiring an additional 295 shares in the last quarter. Wiser Advisor Group LLC lifted its position in Kilroy Realty by 67.5% during the first quarter. Wiser Advisor Group LLC now owns 757 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 305 shares during the last quarter. State of Alaska Department of Revenue grew its stake in Kilroy Realty by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 67,153 shares of the real estate investment trust’s stock worth $2,444,000 after buying an additional 349 shares in the last quarter. Ballentine Partners LLC increased its holdings in shares of Kilroy Realty by 2.7% in the 1st quarter. Ballentine Partners LLC now owns 16,809 shares of the real estate investment trust’s stock worth $612,000 after buying an additional 438 shares during the last quarter. Finally, New York State Teachers Retirement System raised its position in shares of Kilroy Realty by 0.3% during the 1st quarter. New York State Teachers Retirement System now owns 150,996 shares of the real estate investment trust’s stock valued at $5,501,000 after buying an additional 501 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on KRC shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Kilroy Realty from $40.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, May 30th. KeyCorp decreased their price objective on shares of Kilroy Realty from $45.00 to $42.00 and set an “overweight” rating for the company in a report on Tuesday, July 2nd. Finally, Scotiabank reduced their price target on shares of Kilroy Realty from $41.00 to $38.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 7th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $38.40.

Kilroy Realty Stock Down 1.1 %

KRC stock opened at $33.97 on Wednesday. The business’s 50-day moving average is $33.42 and its two-hundred day moving average is $34.12. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 19.52 and a beta of 1.04. Kilroy Realty Co. has a fifty-two week low of $26.78 and a fifty-two week high of $43.37. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.30 and a current ratio of 3.61.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Wednesday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.67). Kilroy Realty had a return on equity of 3.52% and a net margin of 17.91%. The business had revenue of $280.73 million during the quarter, compared to analysts’ expectations of $276.81 million. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.19 EPS. As a group, analysts forecast that Kilroy Realty Co. will post 4.24 earnings per share for the current year.

Kilroy Realty Company 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.