Kilroy Realty Corp (KRC) : South Texas Money Management Ltd reduced its stake in Kilroy Realty Corp by 4.85% during the most recent quarter end. The investment management company now holds a total of 169,547 shares of Kilroy Realty Corp which is valued at $12,203,993 after selling 8,637 shares in Kilroy Realty Corp , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Kilroy Realty Corp makes up approximately 0.66% of South Texas Money Management Ltd’s portfolio.
Other Hedge Funds, Including , California State Teachers Retirement System boosted its stake in KRC in the latest quarter, The investment management firm added 4,651 additional shares and now holds a total of 197,008 shares of Kilroy Realty Corp which is valued at $14,180,636. Kilroy Realty Corp makes up approx 0.03% of California State Teachers Retirement System’s portfolio.Duff Phelps Investment Management Co reduced its stake in KRC by selling 182,900 shares or 13.7% in the most recent quarter. The Hedge Fund company now holds 1,151,933 shares of KRC which is valued at $84,333,015. Kilroy Realty Corp makes up approx 1.25% of Duff Phelps Investment Management Co’s portfolio. Terra Nova Asset Management sold out all of its stake in KRC during the most recent quarter. The investment firm sold 7,614 shares of KRC which is valued $550,416.Sanders Morris Harris boosted its stake in KRC in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 13,930 shares of Kilroy Realty Corp which is valued at $1,007,000. Kilroy Realty Corp makes up approx 0.25% of Sanders Morris Harris’s portfolio.Oakbrook Investments boosted its stake in KRC in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 4,766 shares of Kilroy Realty Corp which is valued at $334,335. Kilroy Realty Corp makes up approx 0.02% of Oakbrook Investments’s portfolio.
Kilroy Realty Corp closed down -0.48 points or -0.67% at $71.5 with 5,20,160 shares getting traded on Thursday. Post opening the session at $72.22, the shares hit an intraday low of $71.49 and an intraday high of $72.255 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Kilroy Realty Corp reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $0.85. The company had revenue of $160.10 million for the quarter, compared to analysts expectations of $151.64 million. The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 EPS.
Many Wall Street Analysts have commented on Kilroy Realty Corp. Company shares were Reiterated by DA Davidson on Jul 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 78 from a previous price target of $70 .
Kilroy Realty Corporation is a self-administered real estate investment trust (REIT) that focuses on office submarkets in the West Coast. The Company owns develops acquires and manages real estate assets consisting of Class A real estate properties in the coastal regions of Los Angeles Orange County San Diego County the San Francisco Bay Area and Seattle. Its stabilized portfolio includes all of its properties with the exception of development and redevelopment properties under construction or committed for construction lease-up properties undeveloped land and real estate assets held for sale. Its stabilized portfolio consists of 111 office properties which has approximately 14 million rentable square feet. It owns its interests in all of its real estate assets through Kilroy Realty L.P. (the Operating Partnership) and Kilroy Realty Finance Partnership L.P. (the Finance Partnership). It conducts substantially all of its operations through the Operating Partnership.