UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 689,962 Shares of Kilroy Realty Co. (NYSE:KRC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 428.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 850,975 shares of the real estate investment trust's stock after purchasing an additional 689,962 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.72% of Kilroy Realty worth $32,933,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of KRC. Assetmark Inc. boosted its holdings in Kilroy Realty by 1.0% during the third quarter. Assetmark Inc. now owns 26,792 shares of the real estate investment trust's stock worth $1,037,000 after buying an additional 274 shares in the last quarter. FMR LLC grew its holdings in shares of Kilroy Realty by 2.2% in the 3rd quarter. FMR LLC now owns 15,201 shares of the real estate investment trust's stock worth $588,000 after acquiring an additional 329 shares during the last quarter. Commerce Bank raised its position in shares of Kilroy Realty by 3.0% during the third quarter. Commerce Bank now owns 11,574 shares of the real estate investment trust's stock worth $448,000 after purchasing an additional 342 shares during the period. GAMMA Investing LLC boosted its position in shares of Kilroy Realty by 33.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,474 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 371 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in Kilroy Realty by 6.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,765 shares of the real estate investment trust's stock worth $210,000 after purchasing an additional 383 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Kilroy Realty

In related news, insider Heidi Rena Roth sold 12,000 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.28, for a total transaction of $507,360.00. Following the completion of the sale, the insider now owns 50,211 shares in the company, valued at $2,122,921.08. This represents a 19.29 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Merryl Elizabeth Werber sold 3,000 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $39.14, for a total value of $117,420.00. Following the completion of the transaction, the chief accounting officer now directly owns 26,401 shares in the company, valued at approximately $1,033,335.14. This represents a 10.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,628 shares of company stock valued at $729,900. Corporate insiders own 2.49% of the company's stock.

Kilroy Realty Stock Down 0.7 %

KRC stock traded down $0.30 during mid-day trading on Thursday, hitting $40.30. The stock had a trading volume of 1,123,670 shares, compared to its average volume of 1,055,865. Kilroy Realty Co. has a 1-year low of $30.71 and a 1-year high of $43.78. The company has a fifty day moving average of $40.16 and a 200 day moving average of $36.31. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of 24.13 and a beta of 1.03.

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

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.36%. Kilroy Realty's payout ratio is 129.34%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Evercore ISI upped their price objective on shares of Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Wells Fargo & Company decreased their price objective on shares of Kilroy Realty from $39.00 to $38.00 and set an "overweight" rating for the company in a research note on Wednesday, September 11th. Barclays boosted their target price on shares of 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, Scotiabank cut Kilroy Realty from a "sector perform" rating to a "sector underperform" rating and set a $38.00 target price for the company. in a research report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Kilroy Realty has an average rating of "Hold" and an average price target of $39.43.

Kilroy Realty Profile

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.