Kilroy Rlty (KRC) Shareholder Duff & Phelps Investment Management Co Has Cut Its Position by $1.14 Million; Southport Management Lifted Quanta Svcs (PWR) Holding by $340,000

June 7, 2018 - By Ellis Scott

Quanta Services, Inc. (NYSE:PWR) Logo

Southport Management Llc increased its stake in Quanta Svcs Inc (PWR) by 33.33% based on its latest 2018Q1 regulatory filing with the SEC. Southport Management Llc bought 10,000 shares as the company’s stock declined 0.20% with the market. The institutional investor held 40,000 shares of the capital goods company at the end of 2018Q1, valued at $1.37 million, up from 30,000 at the end of the previous reported quarter. Southport Management Llc who had been investing in Quanta Svcs Inc for a number of months, seems to be bullish on the $5.57 billion market cap company. The stock increased 0.07% or $0.025 during the last trading session, reaching $37.125. About 901,105 shares traded. Quanta Services, Inc. (NYSE:PWR) has risen 14.77% since June 7, 2017 and is uptrending. It has outperformed by 2.20% the S&P500. Some Historical PWR News: 10/04/2018 – TAIWAN’S QUANTA COMPUTER 2382.TW SAYS MARCH SALES DOWN 2.65 PCT Y/Y; 03/05/2018 – QUANTA SERVICES INC PWR.N SEES FY 2018 REVENUE $9.95 BLN TO $10.55 BLN; 18/04/2018 – Quanta Services Closes Below 50-Day Moving Average: Technicals; 25/04/2018 – Asetek: Asetek Receives confirmation of HPC award from Quanta Computer; 23/05/2018 – Quanta Services Presenting at KeyCorp Conference May 30; 26/03/2018 – QUANTA 4Q NET INCOME NT$3.6B, EST. NT$4.88B; 03/05/2018 – Quanta Services Sees 2018 Adj EPS $2.55-Adj EPS $2.95; 10/05/2018 – Quanta Computer Inc. Apr Rev NT$69.24B; 26/03/2018 – QUANTA 4Q OPER PROFIT NT$4.11B, EST. NT$5.23B; 10/04/2018 – Quanta Computer Inc. Mar Rev NT$71.85B

Duff & Phelps Investment Management Co decreased its stake in Kilroy Rlty Corp (KRC) by 2.45% based on its latest 2018Q1 regulatory filing with the SEC. Duff & Phelps Investment Management Co sold 16,250 shares as the company’s stock rose 9.51% while stock markets declined. The institutional investor held 646,374 shares of the real estate investment trusts company at the end of 2018Q1, valued at $45.87 million, down from 662,624 at the end of the previous reported quarter. Duff & Phelps Investment Management Co who had been investing in Kilroy Rlty Corp for a number of months, seems to be less bullish one the $7.76B market cap company. The stock increased 0.25% or $0.19 during the last trading session, reaching $76.95. About 511,462 shares traded. Kilroy Realty Corporation (NYSE:KRC) has risen 1.34% since June 7, 2017 and is uptrending. It has underperformed by 11.23% the S&P500. Some Historical KRC News: 23/05/2018 – Kilroy Realty Raises Dividend to $0.455; 15/05/2018 – LAND & BUILDINGS EXITED KRC IN 1Q: 13F; 25/04/2018 – KILROY REALTY CORP – UPDATED GUIDANCE RANGE OF NAREIT-DEFINED FFO PER DILUTED SHARE FOR FY 2018 TO $3.49 TO $3.64 PER SHARE; 25/04/2018 – Kilroy Realty 1Q Net $36.2M; 23/05/2018 – KILROY REALTY BOOSTS COMMON DIV 7.1%; 14/05/2018 – KILROY REALTY CORP – OPERATING PARTNERSHIP EXPECTS TO ISSUE $50 MLN PRINCIPAL AMOUNT OF 4.30% SENIOR UNSECURED NOTES BY JULY 20, 2018; 25/04/2018 – KILROY REALTY CORP SEES 2018 SAME STORE CASH NET OPERATING INCOME GROWTH OF 0 TO 1%; 14/05/2018 – PRESS RELEASE – KILROY REALTY, L.P. AGREES TO SELL $250 MILLION OF SENIOR UNSECURED NOTES DUE 2026; 03/04/2018 – CORRECT: MOODY’S AFFIRMS KILROY REALTY SR RATING AT BAA2; 03/04/2018 – KILROY REALTY OUTLOOK STABLE BY MOODY’S

Investors sentiment increased to 0.94 in 2018 Q1. Its up 0.02, from 0.92 in 2017Q4. It increased, as 26 investors sold KRC shares while 83 reduced holdings. 26 funds opened positions while 76 raised stakes. 99.12 million shares or 0.60% more from 98.53 million shares in 2017Q4 were reported. Riverhead Limited Liability reported 10,051 shares. 12,184 are owned by Advsrs Asset Management. Tarbox Family Office Inc holds 0% or 30 shares in its portfolio. California-based California State Teachers Retirement Systems has invested 0.02% in Kilroy Realty Corporation (NYSE:KRC). Brown Brothers Harriman & Co reported 26 shares or 0% of all its holdings. American International Grp Inc reported 0.05% of its portfolio in Kilroy Realty Corporation (NYSE:KRC). Smithfield Tru reported 50 shares. State Of Tennessee Treasury Department reported 208,030 shares. Ny State Common Retirement Fund reported 211,600 shares stake. Barclays Pcl holds 144,318 shares or 0.01% of its portfolio. Teacher Retirement System Of Texas reported 21,775 shares. State Street Corporation holds 0.03% or 4.37M shares in its portfolio. Strs Ohio invested in 0.04% or 140,610 shares. 4.57M are owned by Brookfield Asset Mngmt. Granite Invest Prtnrs Ltd Liability Co accumulated 26,119 shares or 0.12% of the stock.

Since May 1, 2018, it had 0 insider buys, and 4 selling transactions for $6.37 million activity. HAWKEN JEFFREY C sold $1.87M worth of stock. The insider Roth Heidi Rena sold $417,722. On Tuesday, May 1 ROSE TYLER H sold $1.08 million worth of Kilroy Realty Corporation (NYSE:KRC) or 15,000 shares.

Among 16 analysts covering Kilroy Realty (NYSE:KRC), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. Kilroy Realty had 44 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “In-Line” rating given on Tuesday, March 28 by Evercore. Deutsche Bank downgraded the shares of KRC in report on Monday, January 9 to “Hold” rating. Stifel Nicolaus maintained Kilroy Realty Corporation (NYSE:KRC) rating on Tuesday, May 1. Stifel Nicolaus has “Buy” rating and $78 target. The stock of Kilroy Realty Corporation (NYSE:KRC) earned “Buy” rating by Citigroup on Tuesday, February 27. Stifel Nicolaus maintained the shares of KRC in report on Friday, January 19 with “Buy” rating. Stifel Nicolaus downgraded Kilroy Realty Corporation (NYSE:KRC) on Thursday, October 22 to “Neutral” rating. The stock of Kilroy Realty Corporation (NYSE:KRC) earned “Buy” rating by Bank of America on Friday, October 14. Robert W. Baird upgraded Kilroy Realty Corporation (NYSE:KRC) rating on Thursday, January 7. Robert W. Baird has “Outperform” rating and $72.0 target. The stock of Kilroy Realty Corporation (NYSE:KRC) has “Hold” rating given on Monday, October 23 by KeyBanc Capital Markets. BMO Capital Markets maintained Kilroy Realty Corporation (NYSE:KRC) on Tuesday, January 9 with “Buy” rating.

Duff & Phelps Investment Management Co, which manages about $9.24B and $6.41B US Long portfolio, upped its stake in Essex Ppty Tr Inc (NYSE:ESS) by 45,475 shares to 240,185 shares, valued at $57.81M in 2018Q1, according to the filing. It also increased its holding in Western Gas Partner (NYSE:WES) by 35,000 shares in the quarter, for a total of 823,000 shares, and has risen its stake in Host Hotels & Resrts (NYSE:HST).

More recent Kilroy Realty Corporation (NYSE:KRC) news were published by: Bizjournals.com which released: “Kilroy nears deal for Chinese developer’s huge South SF biotech project” on May 18, 2018. Also Bizjournals.com published the news titled: “Exclusive: GM’s Cruise and biotech Nektar sign huge deals in San Francisco” on June 04, 2018. Businesswire.com‘s news article titled: “Kilroy Realty, LP Agrees to Sell $250 Million of Senior Unsecured Notes Due 2026” with publication date: May 14, 2018 was also an interesting one.

Analysts await Kilroy Realty Corporation (NYSE:KRC) to report earnings on July, 25. They expect $0.91 earnings per share, up 4.60% or $0.04 from last year’s $0.87 per share. KRC’s profit will be $91.78 million for 21.14 P/E if the $0.91 EPS becomes a reality. After $0.94 actual earnings per share reported by Kilroy Realty Corporation for the previous quarter, Wall Street now forecasts -3.19% negative EPS growth.

Kilroy Realty Corporation (NYSE:KRC) Institutional Positions Chart

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