Kilroy Realty Corp (KRC) : Globeflex Capital L P scooped up 1,556 additional shares in Kilroy Realty Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 48,814 shares of Kilroy Realty Corp which is valued at $3,183,649.Kilroy Realty Corp makes up approximately 0.87% of Globeflex Capital L P’s portfolio.
Other Hedge Funds, Including , Bluecrest Capital Management Ltd boosted its stake in KRC in the latest quarter, The investment management firm added 18,629 additional shares and now holds a total of 25,000 shares of Kilroy Realty Corp which is valued at $1,630,500. Kilroy Realty Corp makes up approx 0.14% of Bluecrest Capital Management Ltd’s portfolio.Ifp Advisors Inc boosted its stake in KRC in the latest quarter, The investment management firm added 9 additional shares and now holds a total of 594 shares of Kilroy Realty Corp which is valued at $38,741. Quantbot Technologies Lp sold out all of its stake in KRC during the most recent quarter. The investment firm sold 10,946 shares of KRC which is valued $709,410.Tarbox Group reduced its stake in KRC by selling 3 shares or 11.11% in the most recent quarter. The Hedge Fund company now holds 24 shares of KRC which is valued at $1,555.Texas Permanent School Fund reduced its stake in KRC by selling 2,697 shares or 3.53% in the most recent quarter. The Hedge Fund company now holds 73,741 shares of KRC which is valued at $4,779,154. Kilroy Realty Corp makes up approx 0.06% of Texas Permanent School Fund’s portfolio.
Kilroy Realty Corp opened for trading at $65.72 and hit $66 on the upside on Tuesday, eventually ending the session at $65.79, with a gain of 0.50% or 0.33 points. The heightened volatility saw the trading volume jump to 3,74,369 shares. Company has a market cap of $6,068 M.
On the company’s financial health, Kilroy Realty Corp reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.81. The company had revenue of $145.40 million for the quarter, compared to analysts expectations of $146.73 million. The company’s revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.01 EPS.
Many Wall Street Analysts have commented on Kilroy Realty Corp. Company shares were Reiterated by Deutsche Bank on May 2, 2016 to “Buy”, Firm has raised the Price Target to $ 80 from a previous price target of $79 .Stifel Upgraded Kilroy Realty Corp on Apr 29, 2016 to ” Buy”, Price Target of the shares are set at $75.Company shares were Upgraded by BMO Capital Markets on Apr 15, 2016 to ” Outperform”, Firm has raised the Price Target to $ 70 from a previous price target of $64 .
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.