Infrastructure Capital Advisors LLC Acquires 19,579 Shares of Kilroy Realty Co. (NYSE:KRC)

Posted by on Sep 9th, 2023

Infrastructure Capital Advisors LLC grew its holdings in Kilroy Realty Co. (NYSE:KRC – Free Report) by 110.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,271 shares of the real estate investment trust’s stock after acquiring an additional 19,579 shares during the quarter. Infrastructure Capital Advisors LLC’s holdings in Kilroy Realty were worth $1,208,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Kilroy Realty by 96.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 809 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 397 shares in the last quarter. Janiczek Wealth Management LLC acquired a new stake in Kilroy Realty in the 1st quarter valued at approximately $31,000. CWM LLC lifted its stake in Kilroy Realty by 155.4% in the 1st quarter. CWM LLC now owns 1,060 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 645 shares in the last quarter. Captrust Financial Advisors acquired a new position in Kilroy Realty during the 2nd quarter worth approximately $59,000. Finally, Quadrant Capital Group LLC grew its stake in shares of Kilroy Realty by 183.2% during the 4th quarter. Quadrant Capital Group LLC now owns 1,246 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 806 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors.

Kilroy Realty Price Performance

NYSE:KRC opened at $37.45 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.21 and a quick ratio of 2.21. The firm’s fifty day moving average price is $34.94 and its two-hundred day moving average price is $31.94. Kilroy Realty Co. has a one year low of $25.99 and a one year high of $51.76. The company has a market cap of $4.39 billion, a P/E ratio of 18.00, a P/E/G ratio of 7.34 and a beta of 0.91.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. The Goldman Sachs Group boosted their price objective on shares of Kilroy Realty from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Citigroup boosted their price objective on shares of Kilroy Realty from $29.00 to $36.00 and gave the stock a “neutral” rating in a research report on Thursday, August 10th. Royal Bank of Canada cut their price objective on shares of Kilroy Realty from $45.00 to $40.00 in a research report on Tuesday, May 30th. StockNews.com started coverage on shares of Kilroy Realty in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Finally, Wells Fargo & Company upped their price target on shares of Kilroy Realty from $36.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 30th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $42.92.

Check Out Our Latest Report on KRC

Kilroy Realty Company Profile

(Free Report)

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design.

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

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