Assetmark Inc buys $7,576,063 stake in Kilroy Realty Corp (KRC)

Kilroy Realty Corp (KRC) : Assetmark Inc scooped up 5,156 additional shares in Kilroy Realty Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 104,859 shares of Kilroy Realty Corp which is valued at $7,576,063.Kilroy Realty Corp makes up approximately 0.12% of Assetmark Inc’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Investment Partners S.a. sold out all of its stake in KRC during the most recent quarter. The investment firm sold 47,262 shares of KRC which is valued $3,414,680.Resolution Capital Ltd boosted its stake in KRC in the latest quarter, The investment management firm added 166,912 additional shares and now holds a total of 1,315,819 shares of Kilroy Realty Corp which is valued at $95,120,556. Kilroy Realty Corp makes up approx 6.13% of Resolution Capital Ltd’s portfolio.Strs Ohio reduced its stake in KRC by selling 3,508 shares or 2.47% in the most recent quarter. The Hedge Fund company now holds 138,279 shares of KRC which is valued at $9,996,189. Kilroy Realty Corp makes up approx 0.04% of Strs Ohio’s portfolio.Checchi Capital Advisers reduced its stake in KRC by selling 270 shares or 23.34% in the most recent quarter. The Hedge Fund company now holds 887 shares of KRC which is valued at $62,223. Kilroy Realty Corp makes up approx 0.02% of Checchi Capital Advisers’s portfolio.

Kilroy Realty Corp closed down -0.06 points or -0.08% at $72.14 with 3,65,052 shares getting traded on Monday. Post opening the session at $72.33, the shares hit an intraday low of $72.07 and an intraday high of $72.79 and the price fluctuated in this range throughout the day.Shares ended Monday 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.

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