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Robeco cut Kilroy Realty shares, amid revenue drops, while boosting Kite Realty holdings, which beat earnings estimates.
Dutch asset manager Robeco reduced its stake in Kilroy Realty by 5.5%, selling 14,000 shares, while raising its holdings in Kite Realty by 27.6% by buying 65,000 shares.
Kilroy, with a market cap of $4.11 billion, saw a 2.8% drop in revenue and reported $1.02 EPS, missing expectations.
Kite Realty beat EPS estimates at $0.53 and has a price target of $27.63.
Both REITs have a "Hold" rating.
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Robeco redujo las acciones de Kilroy Realty, en medio de caídas de ingresos, mientras aumentaba las participaciones de Kite Realty, que superaron las estimaciones de ganancias.