293,982 Shares in Kilroy Realty Co. (NYSE:KRC) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Kilroy Realty Co. (NYSE:KRC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 293,982 shares of the real estate investment trust's stock, valued at approximately $11,892,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.25% of Kilroy Realty at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Kilroy Realty in the 4th quarter valued at approximately $366,356,000. Principal Financial Group Inc. lifted its holdings in Kilroy Realty by 4.7% in the fourth quarter. Principal Financial Group Inc. now owns 4,862,310 shares of the real estate investment trust's stock valued at $196,680,000 after acquiring an additional 218,163 shares during the last quarter. Resolution Capital Ltd grew its position in Kilroy Realty by 12.6% in the fourth quarter. Resolution Capital Ltd now owns 4,487,655 shares of the real estate investment trust's stock worth $181,526,000 after acquiring an additional 500,635 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Kilroy Realty by 6.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,265,387 shares of the real estate investment trust's stock worth $132,087,000 after acquiring an additional 193,291 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its position in Kilroy Realty by 29.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,003,920 shares of the real estate investment trust's stock valued at $121,509,000 after purchasing an additional 680,870 shares during the period. Hedge funds and other institutional investors own 94.22% of the company's stock.

Kilroy Realty Stock Up 1.4%

NYSE:KRC traded up $0.46 during midday trading on Wednesday, hitting $33.63. 407,372 shares of the company were exchanged, compared to its average volume of 1,235,935. Kilroy Realty Co. has a fifty-two week low of $27.07 and a fifty-two week high of $43.78. The company has a market capitalization of $3.98 billion, a PE ratio of 19.00 and a beta of 1.16. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.82. The company has a fifty day simple moving average of $31.64 and a 200 day simple moving average of $35.57.

Kilroy Realty (NYSE:KRC - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.01). Kilroy Realty had a return on equity of 3.75% and a net margin of 18.58%. The firm had revenue of $270.84 million for the quarter, compared to analysts' expectations of $274.90 million. During the same period in the previous year, the business posted $1.11 EPS. The business's revenue for the quarter was down 2.8% compared to the same quarter last year. As a group, equities analysts anticipate that Kilroy Realty Co. will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, June 30th will be paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 6.42%. The ex-dividend date is Monday, June 30th. Kilroy Realty's dividend payout ratio is currently 128.57%.

Analyst Upgrades and Downgrades

KRC has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on Kilroy Realty from $49.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, April 2nd. Jefferies Financial Group initiated coverage on shares of Kilroy Realty in a research note on Monday, March 17th. They set a "hold" rating and a $34.00 target price for the company. Royal Bank of Canada reduced their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a "sector perform" rating on the stock in a research note on Monday, March 10th. KeyCorp decreased their target price on Kilroy Realty from $45.00 to $41.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. Finally, Barclays raised shares of Kilroy Realty from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $42.00 to $44.00 in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $39.10.

Insider Buying and Selling

In other Kilroy Realty news, EVP John Osmond sold 4,000 shares of Kilroy Realty stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $35.16, for a total value of $140,640.00. Following the transaction, the executive vice president now directly owns 12,528 shares in the company, valued at approximately $440,484.48. This trade represents a 24.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider A. Robert Paratte sold 6,000 shares of the company's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $34.74, for a total value of $208,440.00. Following the sale, the insider now owns 86,744 shares of the company's stock, valued at $3,013,486.56. This trade represents a 6.47% decrease in their position. The disclosure for this sale can be found here. 1.57% of the stock is owned by company insiders.

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.