International Assets Investment Management LLC Acquires 13,096 Shares of Kilroy Realty Co. (NYSE:KRC)

International Assets Investment Management LLC increased its position in Kilroy Realty Co. (NYSE:KRC - Free Report) by 4,454.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,390 shares of the real estate investment trust's stock after acquiring an additional 13,096 shares during the period. International Assets Investment Management LLC's holdings in Kilroy Realty were worth $518,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of KRC. Fidelis Capital Partners LLC acquired a new stake in Kilroy Realty in the first quarter valued at $26,000. Wiser Advisor Group LLC grew its stake in Kilroy Realty by 67.5% in the 1st quarter. Wiser Advisor Group LLC now owns 757 shares of the real estate investment trust's stock valued at $28,000 after acquiring an additional 305 shares during the last quarter. UMB Bank n.a. increased its holdings in Kilroy Realty by 126.5% during the 3rd quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 540 shares in the last quarter. Blue Trust Inc. raised its position in Kilroy Realty by 1,322.9% during the second quarter. Blue Trust Inc. now owns 1,366 shares of the real estate investment trust's stock worth $43,000 after acquiring an additional 1,270 shares during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Kilroy Realty by 2,510.7% in the second quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust's stock valued at $46,000 after purchasing an additional 1,406 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Kilroy Realty

In related news, EVP John Osmond sold 2,628 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total transaction of $105,120.00. Following the completion of the sale, the executive vice president now directly owns 8,818 shares of the company's stock, valued at $352,720. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CAO Merryl Elizabeth Werber sold 3,000 shares of the firm's stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $39.14, for a total value of $117,420.00. Following the transaction, the chief accounting officer now directly owns 26,401 shares in the company, valued at approximately $1,033,335.14. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John Osmond sold 2,628 shares of the firm's stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $40.00, for a total value of $105,120.00. Following the completion of the sale, the executive vice president now directly owns 8,818 shares in the company, valued at approximately $352,720. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.49% of the company's stock.

Kilroy Realty Stock Performance

NYSE KRC traded up $0.81 on Wednesday, hitting $40.41. The stock had a trading volume of 1,507,165 shares, compared to its average volume of 1,214,249. The company's 50-day moving average is $38.74 and its two-hundred day moving average is $35.38. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03. The company has a quick ratio of 3.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. Kilroy Realty Co. has a one year low of $27.39 and a one year high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its earnings results on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.60). The business had revenue of $289.94 million for the quarter, compared to the consensus estimate of $275.77 million. Kilroy Realty had a net margin of 17.78% and a return on equity of 3.53%. The firm's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.12 EPS. On average, analysts expect that Kilroy Realty Co. will post 4.41 earnings per share for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.35%. The ex-dividend date was Monday, September 30th. Kilroy Realty's dividend payout ratio (DPR) is presently 129.34%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KRC. Scotiabank dropped their price objective on shares of Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating for the company in a research note on Wednesday, August 7th. Evercore ISI boosted their price target on Kilroy Realty from $40.00 to $41.00 and gave the stock an "in-line" rating in a report on Wednesday, October 30th. Barclays increased their price objective on Kilroy Realty from $38.00 to $44.00 and gave the company an "equal weight" rating in a research note on Monday, October 28th. Finally, Wells Fargo & Company reduced their target price on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating on the stock in a report on Wednesday, September 11th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $39.43.

About Kilroy Realty

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, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.