Kilroy Realty Corporation (NYSE:KRC) : Traders are bullish on Kilroy Realty Corporation (NYSE:KRC) as it has outperformed the S&P 500 by a wide margin of 8.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.9%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.21% in the last 1 week, and is up 9.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -2.12% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $73.62 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $63.69 and the 200 Day Moving Average price is recorded at $60.24.
The stock has recorded a 20-day Moving Average of 6.83% and the 50-Day Moving Average is 7.42%.
Kilroy Realty Corporation (NYSE:KRC): stock turned positive on Friday. Though the stock opened at $66.04, the bulls momentum made the stock top out at $68.26 level for the day. The stock recorded a low of $65.58 and closed the trading day at $68.18, in the green by 2.70%. The total traded volume for the day was 837,890. The stock had closed at $66.39 in the previous days trading.
In an insider trading activity, Roth Heidi Rena, officer (EVP, CAO and Controller) of Kilroy Realty Corp, unloaded 1,235 shares at an average price of $65.33 on May 5, 2016. The total amount of the transaction was worth $80,683, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.