Global Endowment Management LP bought a new stake in Kilroy Realty Corp (NYSE:KRC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,300 shares of the real estate investment trust’s stock, valued at approximately $1,599,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of Kilroy Realty by 0.6% during the second quarter. BlackRock Inc. now owns 11,717,544 shares of the real estate investment trust’s stock worth $886,315,000 after purchasing an additional 69,048 shares during the period. PGGM Investments lifted its holdings in shares of Kilroy Realty by 6.0% during the third quarter. PGGM Investments now owns 3,097,019 shares of the real estate investment trust’s stock worth $222,025,000 after purchasing an additional 174,338 shares during the period. Resolution Capital Ltd lifted its holdings in shares of Kilroy Realty by 10.2% during the third quarter. Resolution Capital Ltd now owns 2,076,873 shares of the real estate investment trust’s stock worth $148,891,000 after purchasing an additional 191,496 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Kilroy Realty by 1.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,478,907 shares of the real estate investment trust’s stock worth $111,863,000 after purchasing an additional 22,167 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Kilroy Realty by 6.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,112,449 shares of the real estate investment trust’s stock worth $84,146,000 after purchasing an additional 71,476 shares during the period. Hedge funds and other institutional investors own 99.20% of the company’s stock.

Shares of NYSE KRC opened at $69.13 on Monday. Kilroy Realty Corp has a twelve month low of $62.91 and a twelve month high of $77.73. The firm has a market cap of $6.96 billion, a P/E ratio of 20.33, a PEG ratio of 2.62 and a beta of 0.63. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71.

Kilroy Realty (NYSE:KRC) last announced its earnings results on Wednesday, October 24th. The real estate investment trust reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Kilroy Realty had a net margin of 17.26% and a return on equity of 3.16%. The business had revenue of $186.56 million during the quarter, compared to the consensus estimate of $183.32 million. On average, research analysts predict that Kilroy Realty Corp will post 3.6 EPS for the current fiscal year.

A number of equities analysts have recently commented on the stock. Robert W. Baird reiterated a “hold” rating and set a $78.00 price target on shares of Kilroy Realty in a report on Wednesday, August 1st. Deutsche Bank lifted their target price on shares of Kilroy Realty from $81.00 to $83.00 and gave the stock a “hold” rating in a research note on Wednesday, August 29th. JPMorgan Chase & Co. raised shares of Kilroy Realty from a “neutral” rating to an “overweight” rating in a research note on Friday, October 5th. Scotiabank started coverage on shares of Kilroy Realty in a research note on Tuesday, October 16th. They set a “sector perform” rating for the company. Finally, Bank of America raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $80.00 to $82.00 in a research note on Tuesday, November 13th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $78.63.

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Kilroy Realty Company Profile

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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