Weiss Multi-strategy Advisers adds Kilroy Realty Corp (KRC) to its portfolio

Kilroy Realty Corp (KRC) : Weiss Multi-strategy Advisers added new position in Kilroy Realty Corp during the most recent quarter end. The investment management firm now holds 450,440 shares of Kilroy Realty Corp which is valued at $32,521,768 , the company said in a statement filed on Aug 15, 2016 with the SEC.Kilroy Realty Corp makes up approximately 1.45% of Weiss Multi-strategy Advisers’s portfolio.

Other Hedge Funds, Including , Chilton Capital Management boosted its stake in KRC in the latest quarter, The investment management firm added 3,515 additional shares and now holds a total of 151,060 shares of Kilroy Realty Corp which is valued at $10,906,532. Kilroy Realty Corp makes up approx 1.03% of Chilton Capital Management’s portfolio.Parametric Portfolio Associates reduced its stake in KRC by selling 9,343 shares or 8.21% in the most recent quarter. The Hedge Fund company now holds 104,432 shares of KRC which is valued at $7,539,990. Kilroy Realty Corp makes up approx 0.01% of Parametric Portfolio Associates’s portfolio.Vanguard Group Inc boosted its stake in KRC in the latest quarter, The investment management firm added 380,082 additional shares and now holds a total of 13,929,788 shares of Kilroy Realty Corp which is valued at $1,005,730,694. Kilroy Realty Corp makes up approx 0.06% of Vanguard Group Inc’s portfolio.Ibm Retirement Fund boosted its stake in KRC in the latest quarter, The investment management firm added 289 additional shares and now holds a total of 9,142 shares of Kilroy Realty Corp which is valued at $641,311. Kilroy Realty Corp makes up approx 0.02% of Ibm Retirement Fund’s portfolio.

Kilroy Realty Corp closed down -0.71 points or -0.98% at $71.92 with 4,56,661 shares getting traded on Thursday. Post opening the session at $72.76, the shares hit an intraday low of $71.38 and an intraday high of $72.81 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 Stifel on Sep 1, 2016 to “Buy”, Firm has raised the Price Target to $ 80 from a previous price target of $75 .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.

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