Kilroy Realty Corp (KRC): Tyler H Rose , EVP and CFO of Kilroy Realty Corp sold 12,500 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $65.05 per share for a total value of $813,113.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 7, 2015, Michael L. Sanford (EVP, Northern California) sold 9,000 shares at $71.62 per share price.On Mar 18, 2015, Edward F Brennan (director) sold 6,065 shares at $75.00 per share price.Also, On Mar 3, 2015, Jeffrey C Hawken (EVP and COO) sold 50,000 shares at $75.11 per share price.On Feb 25, 2015, John B Jr Kilroy (Chairman, President and CEO) sold 150,000 shares at $75.63 per share price.
Kilroy Realty Corp: On Wednesday, May 4, 2016 heightened volatility was witnessed in Kilroy Realty Corp which led to swings in the share price. The shares opened for trading at $64.43 and hit $65.68 on the upside , eventually ending the session at $65.5, with a gain of 1.06% or 0.69 points. The heightened volatility saw the trading volume jump to 5,82,741 shares. The 52-week high of the share price is $73.62 and the company has a market cap of $6,042 M . The 52-week low of the share price is at $46.76.
Company has been under the radar of several Street Analysts.Kilroy Realty Corp is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 80 from a previous price target of $79 .The Rating was issued on May 2, 2016.Kilroy Realty Corp is Upgraded by Stifel to Buy and the brokerage firm has set the Price Target at $75. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 29, 2016.Kilroy Realty Corp is Upgraded by BMO Capital Markets to Outperform and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $64 .Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Apr 15, 2016.
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.