Nationwide Fund Advisors Sells 192,909 Shares of Kilroy Realty Corporation (KRC)

Nationwide Fund Advisors reduced its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 53.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,869 shares of the real estate investment trust’s stock after selling 192,909 shares during the period. Nationwide Fund Advisors owned 0.17% of Kilroy Realty worth $11,797,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of KRC. Aperio Group LLC raised its holdings in Kilroy Realty by 5.2% during the second quarter. Aperio Group LLC now owns 34,477 shares of the real estate investment trust’s stock valued at $2,591,000 after buying an additional 1,691 shares in the last quarter. US Bancorp DE raised its holdings in Kilroy Realty by 25.7% during the second quarter. US Bancorp DE now owns 13,181 shares of the real estate investment trust’s stock valued at $990,000 after buying an additional 2,699 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its holdings in Kilroy Realty by 94.7% during the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,215 shares of the real estate investment trust’s stock valued at $917,000 after buying an additional 5,940 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in Kilroy Realty by 1.7% during the second quarter. Great West Life Assurance Co. Can now owns 124,741 shares of the real estate investment trust’s stock valued at $9,369,000 after buying an additional 2,139 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D grew its position in shares of Kilroy Realty by 5.2% in the second quarter. State of New Jersey Common Pension Fund D now owns 152,750 shares of the real estate investment trust’s stock valued at $11,479,000 after purchasing an additional 7,500 shares during the last quarter. Institutional investors own 97.86% of the company’s stock.

Kilroy Realty Corporation (KRC) traded up $0.20 during trading hours on Monday, hitting $75.58. 443,900 shares of the stock were exchanged, compared to its average volume of 562,933. Kilroy Realty Corporation has a 52 week low of $67.00 and a 52 week high of $78.33. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $7,435.73, a PE ratio of 22.03, a P/E/G ratio of 2.99 and a beta of 0.79.

Kilroy Realty (NYSE:KRC) last posted its 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 net margin of 23.77% and a return on equity of 4.44%. The firm had revenue of $181.50 million during the quarter, compared to the consensus estimate of $179.03 million. During the same quarter last year, the firm posted $0.92 EPS. The business’s revenue was up 7.8% on a year-over-year basis. analysts anticipate that Kilroy Realty Corporation will post 3.52 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on KRC. Zacks Investment Research downgraded Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. BidaskClub raised Kilroy Realty from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. Bank of America downgraded Kilroy Realty from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $80.00 to $77.00 in a research report on Wednesday, August 16th. Stifel Nicolaus reissued a “buy” rating and set a $77.00 target price on shares of Kilroy Realty in a research report on Thursday, September 21st. Finally, Goldman Sachs Group assumed coverage on Kilroy Realty in a research report on Tuesday, September 19th. They set a “neutral” rating and a $70.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $77.43.

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Kilroy Realty Profile

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.

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

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