OVERSEA CHINESE BANKING Corp Ltd Grows Stock Holdings in Kilroy Realty Co. (NYSE:KRC)

OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) by 137.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,526 shares of the real estate investment trust's stock after purchasing an additional 46,035 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd owned 0.07% of Kilroy Realty worth $3,078,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wiser Advisor Group LLC lifted its stake in Kilroy Realty by 67.5% during 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 in the last quarter. UMB Bank n.a. boosted its holdings in Kilroy Realty by 126.5% during the third quarter. UMB Bank n.a. now owns 967 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 540 shares during the last quarter. Blue Trust Inc. boosted its holdings 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 purchasing an additional 1,270 shares during the last quarter. Versant Capital Management Inc grew its position in Kilroy Realty by 2,510.7% in the 2nd quarter. Versant Capital Management Inc now owns 1,462 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 1,406 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in 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 buying an additional 371 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on KRC shares. Scotiabank reduced their target price on Kilroy Realty from $41.00 to $38.00 and set a "sector perform" rating for the company in a report on Wednesday, August 7th. Evercore ISI upped their price objective on Kilroy Realty from $40.00 to $41.00 and gave the company an "in-line" rating in a research note on Wednesday, October 30th. Barclays raised their target price on Kilroy Realty from $38.00 to $44.00 and gave the company an "equal weight" rating in a research report on Monday, October 28th. Finally, Wells Fargo & Company cut their price target 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 equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $39.43.

Insider Transactions at Kilroy Realty

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

Kilroy Realty Stock Performance

NYSE KRC traded up $0.12 during trading on Wednesday, hitting $39.93. 772,100 shares of the company's stock traded hands, compared to its average volume of 1,056,369. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 23.91 and a beta of 1.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08. The business has a 50 day moving average of $39.13 and a 200-day moving average of $35.61. Kilroy Realty Co. has a 12-month low of $29.66 and a 12-month high of $43.78.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.44 earnings per share 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 analysts' expectations of $275.77 million. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The firm's quarterly revenue was up 2.2% on a year-over-year basis. As a group, equities research analysts anticipate that Kilroy Realty Co. will post 4.41 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Monday, September 30th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 5.41%. The ex-dividend date was Monday, September 30th. Kilroy Realty's dividend payout ratio is presently 129.34%.

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.