Kilroy Realty Corp (NYSE:KRC) had declared a cash dividend of $0.3750 on Sep 15, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 15, 2016 share price, the yield comes out to be 2.1749%. The dividend payable date has been fixed on Oct 12, 2016.
In a different note, BTIG Research said it Initiates Coverage on Kilroy Realty Corp, according to a research note issued on Aug 25, 2016. The shares have been rated ‘Buy’ by the firm. On Jul 29, 2016, Citigroup said it Maintains its rating on Kilroy Realty Corp. In the research note, the firm Raises the price-target to $71.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 7, 2016, Citigroup said it Maintains its rating on Kilroy Realty Corp. In the research note, the firm Raises the price-target to $68.00 per share. The shares have been rated ‘Neutral’ by the firm.
Kilroy Realty Corp (KRC) shares turned negative on Tuesdays trading session with the shares closing down -0.25 points or -0.37% at a volume of 9,99,284. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $68.95. The peak price level was also seen at $68.95 while the days lowest was $68.09. Finally the shares closed at $68.1. The 52-week high of the shares is $74.17 while the 52-week low is $46.76. According to the latest information available, the market cap of the company is $6,283 M.
Kilroy Realty Corp(KRC) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $160.13M. Analysts had an estimated revenue of $140.64M. Earnings per share were $0.87. Analysts had estimated an EPS of $0.85.
Several Insider Transactions has been reported to the SEC. On May 6, 2016, Heidi Rena Roth (EVP, CAO and Controller) sold 1,235 shares at $65.33 per share price.Also, On May 6, 2016, Tyler H Rose (EVP and CFO) sold 12,500 shares at $65.05 per share price.On Aug 7, 2015, Michael L. Sanford (EVP, Northern California) sold 9,000 shares at $71.62 per share price, according to the Form-4 filing with the securities and exchange commission.
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.