Kilroy Realty Corp (KRC) : Resolution Capital Ltd scooped up 381,250 additional shares in Kilroy Realty Corp during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 944,357 shares of Kilroy Realty Corp which is valued at $57 Million.Kilroy Realty Corp makes up approximately 4.11% of Resolution Capital Ltd’s portfolio.
Other Hedge Funds, Including , Susquehanna International Group Llp reduced its stake in KRC by selling 3,741 shares or 17.34% during the fourth quarter. The Hedge Fund company now holds 17,833 shares of KRC which is valued at $1.1 Million.Geode Capital Management boosted its stake in KRC during the Q4 period, The investment management firm added 21,710 additional shares and now holds a total of 680,882 shares of Kilroy Realty Corp which is valued at $41.1 Million. Kilroy Realty Corp makes up approx 0.02% of Geode Capital Management’s portfolio.Arizona State Retirement System boosted its stake in KRC during the Q4 period, The investment management firm added 3,664 additional shares and now holds a total of 46,264 shares of Kilroy Realty Corp which is valued at $2.8 Million. Kilroy Realty Corp makes up approx 0.04% of Arizona State Retirement System’s portfolio.Dynamic Technology Lab Private Ltd boosted its stake in KRC during the Q4 period, The investment management firm added 8,034 additional shares and now holds a total of 11,215 shares of Kilroy Realty Corp which is valued at $677,274. Kilroy Realty Corp makes up approx 0.20% of Dynamic Technology Lab Private Ltd’s portfolio.Renaissance Technologies reduced its stake in KRC by selling 130,886 shares or 95.26% during the fourth quarter. The Hedge Fund company now holds 6,514 shares of KRC which is valued at $393,380.
On the company’s financial health, Kilroy Realty Corp reported $0.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 1, 2016. Analyst had a consensus of $0.79. The company had revenue of $147.40 million for the quarter, compared to analysts expectations of $144.83 million. The company’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 EPS.
Many Wall Street Analysts have commented on Kilroy Realty Corp. Robert W. Baird Upgraded Kilroy Realty Corp on Jan 7, 2016 to ” Outperform”, Price Target of the shares are set at $72.
Kilroy Realty Corp closed down -0.07 points or -0.11% at $61.17 with 4,65,365 shares getting traded on Wednesday. Post opening the session at $61.41, the shares hit an intraday low of $61.09 and an intraday high of $61.73 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.