Great West Life Assurance Co. Can Buys 2,785 Shares of Kilroy Realty Corp (KRC)

Great West Life Assurance Co. Can raised its stake in shares of Kilroy Realty Corp (NYSE:KRC) by 2.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,197 shares of the real estate investment trust’s stock after buying an additional 2,785 shares during the quarter. Great West Life Assurance Co. Can owned about 0.12% of Kilroy Realty worth $8,978,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Kilroy Realty in the third quarter worth $206,000. Qube Research & Technologies Ltd purchased a new position in shares of Kilroy Realty in the second quarter worth $280,000. NN Investment Partners Holdings N.V. purchased a new position in shares of Kilroy Realty in the third quarter worth $281,000. First Hawaiian Bank purchased a new position in shares of Kilroy Realty in the third quarter worth $307,000. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Kilroy Realty in the second quarter worth $348,000.

Shares of KRC opened at $70.67 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 1.01. Kilroy Realty Corp has a one year low of $62.91 and a one year high of $77.73. The firm has a market capitalization of $7.16 billion, a P/E ratio of 20.03, a PEG ratio of 2.69 and a beta of 0.66.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Wednesday, October 24th. The real estate investment trust reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Kilroy Realty had a return on equity of 3.16% and a net margin of 17.26%. The company had revenue of $186.56 million during the quarter, compared to analyst estimates of $183.32 million. Equities research analysts predict that Kilroy Realty Corp will post 3.61 EPS for the current fiscal year.

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded Kilroy Realty from a “neutral” rating to an “overweight” rating in a research note on Friday, October 5th. Zacks Investment Research upgraded Kilroy Realty from a “sell” rating to a “hold” rating in a research note on Saturday, October 27th. Bank of America upgraded Kilroy Realty from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $80.00 to $82.00 in a research note on Tuesday, November 13th. Deutsche Bank boosted their price target on Kilroy Realty from $81.00 to $83.00 and gave the stock a “hold” rating in a research note on Wednesday, August 29th. Finally, Scotiabank assumed coverage on Kilroy Realty in a research note on Tuesday, October 16th. They issued a “sector perform” rating for the company. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $78.63.

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Kilroy Realty Profile

Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast's premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies.

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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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