Could Kilroy Realty Corp Change Direction After Today’s Bullish Options Activity?

 Could Kilroy Realty Corp Change Direction After Today's Bullish Options Activity?

In today’s session Kilroy Realty Corp (KRC) registered an unusually high (609) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious KRC increase. With 609 contracts traded and 5284 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: KRC161216C00075000 closed last at: $0.6 or 0% . About 349,820 shares traded hands. Kilroy Realty Corp (NYSE:KRC) has risen 14.83% since April 13, 2016 and is uptrending. It has outperformed by 10.91% the S&P500.

Kilroy Realty Corp (NYSE:KRC) Ratings Coverage

Out of 11 analysts covering Kilroy Realty (NYSE:KRC), 8 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 73% are positive. Kilroy Realty has been the topic of 19 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank on Monday, May 2 with “Buy”. On Tuesday, September 8 the stock rating was maintained by Evercore with “Buy”. BB&T Capital initiated Kilroy Realty Corp (NYSE:KRC) on Friday, November 13 with “Buy” rating. The firm has “Outperform” rating by Robert W. Baird given on Thursday, January 7. The company was initiated on Thursday, August 25 by BTIG Research. The firm earned “Buy” rating on Thursday, September 1 by Stifel Nicolaus. The stock has “Buy” rating given by Stifel Nicolaus on Friday, April 29. The firm earned “Hold” rating on Monday, March 7 by Argus Research. Credit Suisse downgraded Kilroy Realty Corp (NYSE:KRC) rating on Friday, July 31. Credit Suisse has “Underperform” rating and $73 price target. The company was upgraded on Friday, April 15 by BMO Capital Markets.

According to Zacks Investment Research, “Kilroy Realty Corporation owns, operates and develops commercial and industrial properties, primarily in California, Washington, and Arizona. At March 31, 1997, the Company owned 2.0 million square feet of commercial office space and 1.3 million square feet of industrial space.”

Insitutional Activity: The institutional sentiment increased to 1.32 in Q2 2016. Its up 0.20, from 1.12 in 2016Q1. The ratio is positive, as 21 funds sold all Kilroy Realty Corp shares owned while 71 reduced positions. 30 funds bought stakes while 91 increased positions. They now own 98.54 million shares or 0.18% less from 98.72 million shares in 2016Q1.
Arizona State Retirement System, a Arizona-based fund reported 39,164 shares. Honeywell Int last reported 0.06% of its portfolio in the stock. Numeric Invsts Llc accumulated 0.07% or 125,400 shares. Brookfield Asset Mngmt Inc has 0.52% invested in the company for 1.50M shares. Glenmede Trust Na reported 373 shares or 0% of all its holdings. The Iowa-based Principal Fincl has invested 0.17% in Kilroy Realty Corp (NYSE:KRC). Rhumbline Advisers holds 153,158 shares or 0.03% of its portfolio. Blackrock last reported 265,778 shares in the company. The New York-based Amalgamated Bankshares has invested 0.05% in Kilroy Realty Corp (NYSE:KRC). Schroder Mgmt Gp accumulated 31,649 shares or 0% of the stock. Westwood Gp, a Texas-based fund reported 8,120 shares. Moreover, Lasalle Mngmt Securities Llc has 1.12% invested in Kilroy Realty Corp (NYSE:KRC) for 1.79M shares. Counsel accumulated 35,101 shares or 0.23% of the stock. Invesco Ltd holds 0.06% or 2.27 million shares in its portfolio. Teachers Retirement System Of The State Of Kentucky accumulated 22,400 shares or 0.02% of the stock.

Kilroy Realty Corporation is a self-administered real estate investment trust . The company has a market cap of $6.64 billion. The Firm focuses on office submarkets in the West Coast. It has a 23.9 P/E ratio. The Firm 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 greater Seattle.

KRC Company Profile

Kilroy Realty Corporation, incorporated on September 13, 1996, is a self-administered real estate investment trust (REIT). The Firm focuses on office submarkets in the West Coast. The Firm 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 greater Seattle. It operates in the office properties segment. The Firm 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). The Firm conducts all of its activities through the Operating Partnership.

More notable recent Kilroy Realty Corp (NYSE:KRC) news were published by: Businesswire.com which released: “Tracy Murphy Joins Kilroy Realty Corporation as Executive Vice President” on May 31, 2016, also Nasdaq.com with their article: “Kilroy Realty Corp’s Series H Cumulative Redeemable Preferred Stock Ex …” published on October 25, 2016, Businesswire.com published: “Kilroy Realty Corporation Reports Second Quarter Financial Results” on July 25, 2016. More interesting news about Kilroy Realty Corp (NYSE:KRC) were released by: Businesswire.com and their article: “Kilroy Realty Breaks Ground on 100 Hooper and Announces Adobe as Anchor Tenant” published on November 10, 2016 as well as Latimes.com‘s news article titled: “John Kilroy Sr., commercial real estate pioneer and champion sailor, dies at 94” with publication date: October 03, 2016.

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