Swiss National Bank Increases Position in Kilroy Realty Corporation (KRC)

Swiss National Bank boosted its stake in Kilroy Realty Corporation (NYSE:KRC) by 6.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 162,811 shares of the real estate investment trust’s stock after buying an additional 10,400 shares during the period. Swiss National Bank owned approximately 0.17% of Kilroy Realty Corporation worth $12,235,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Perigon Wealth Management LLC acquired a new position in Kilroy Realty Corporation in the 1st quarter valued at about $100,000. Invictus RG acquired a new position in Kilroy Realty Corporation in the 1st quarter valued at about $131,000. Quantbot Technologies LP acquired a new position in Kilroy Realty Corporation in the 1st quarter valued at about $150,000. Flinton Capital Management LLC grew its stake in Kilroy Realty Corporation by 20.5% in the 1st quarter. Flinton Capital Management LLC now owns 2,912 shares of the real estate investment trust’s stock valued at $210,000 after buying an additional 496 shares during the last quarter. Finally, KCG Holdings Inc. acquired a new position in Kilroy Realty Corporation in the 1st quarter valued at about $218,000. Institutional investors and hedge funds own 99.72% of the company’s stock.

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Shares of Kilroy Realty Corporation (NYSE KRC) opened at 68.01 on Wednesday. Kilroy Realty Corporation has a 12-month low of $65.77 and a 12-month high of $78.33. The company has a market cap of $6.68 billion, a P/E ratio of 49.43 and a beta of 0.75. The firm has a 50-day moving average of $69.38 and a 200-day moving average of $72.48.

Kilroy Realty Corporation (NYSE:KRC) last posted its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.01. The firm had revenue of $180.60 million during the quarter, compared to the consensus estimate of $178.63 million. Kilroy Realty Corporation had a net margin of 21.75% and a return on equity of 4.11%. The company’s revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the company earned $0.86 earnings per share. Analysts predict that Kilroy Realty Corporation will post $1.26 EPS for the current year.

A number of research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Kilroy Realty Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday. BidaskClub raised shares of Kilroy Realty Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Deutsche Bank AG boosted their price objective on shares of Kilroy Realty Corporation from $75.00 to $78.00 and gave the company a “hold” rating in a report on Thursday, May 25th. Stifel Nicolaus reissued a “buy” rating and issued a $80.00 price objective on shares of Kilroy Realty Corporation in a report on Thursday, July 6th. Finally, KeyCorp reissued a “hold” rating on shares of Kilroy Realty Corporation in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $79.00.

About Kilroy Realty Corporation

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 Corporation (NYSE:KRC)

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