Kilroy Realty Corp (KRC) : Tfs Capital added new position in Kilroy Realty Corp during the most recent quarter end. The investment management firm now holds 33,586 shares of Kilroy Realty Corp which is valued at $2,424,909 , the company said in a statement filed on Aug 11, 2016 with the SEC.Kilroy Realty Corp makes up approximately 0.42% of Tfs Capital’s portfolio.
Other Hedge Funds, Including , Canada Pension Plan Investment Board reduced its stake in KRC by selling 5,000 shares or 59.52% in the most recent quarter. The Hedge Fund company now holds 3,400 shares of KRC which is valued at $245,480.Assetmark Inc boosted its stake in KRC in the latest quarter, The investment management firm added 5,156 additional shares and now holds a total of 104,859 shares of Kilroy Realty Corp which is valued at $7,576,063. Kilroy Realty Corp makes up approx 0.12% of Assetmark Inc’s portfolio.Cadence Capital Management reduced its stake in KRC by selling 2,018 shares or 30.72% in the most recent quarter. The Hedge Fund company now holds 4,551 shares of KRC which is valued at $327,581. Kilroy Realty Corp makes up approx 0.02% of Cadence Capital Management’s portfolio. Quantbot Technologies Lp added KRC to its portfolio by purchasing 15,548 company shares during the most recent quarter which is valued at $1,119,145. Kilroy Realty Corp makes up approx 0.12% of Quantbot Technologies Lp’s portfolio.
Kilroy Realty Corp opened for trading at $70.61 and hit $71.5 on the upside on Tuesday, eventually ending the session at $70.54, with a gain of 0.84% or 0.59 points. The heightened volatility saw the trading volume jump to 4,27,090 shares. Company has a market cap of $6,508 M.
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.