UBS Group AG Grows Stock Position in Kilroy Realty Co. (NYSE:KRC)

UBS Group AG increased its holdings in shares of Kilroy Realty Co. (NYSE:KRC – Get Rating) by 66.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 220,219 shares of the real estate investment trust’s stock after buying an additional 87,918 shares during the quarter. UBS Group AG owned about 0.19% of Kilroy Realty worth $8,516,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Lockheed Martin Investment Management Co. lifted its position in Kilroy Realty by 11.8% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 8,532 shares of the real estate investment trust’s stock worth $329,000 after buying an additional 900 shares during the period. Van ECK Associates Corp lifted its position in Kilroy Realty by 79.9% during the fourth quarter. Van ECK Associates Corp now owns 12,123 shares of the real estate investment trust’s stock worth $469,000 after buying an additional 5,384 shares during the period. California Public Employees Retirement System raised its holdings in shares of Kilroy Realty by 1.6% in the 4th quarter. California Public Employees Retirement System now owns 283,736 shares of the real estate investment trust’s stock worth $10,972,000 after purchasing an additional 4,372 shares during the period. Swiss National Bank raised its holdings in shares of Kilroy Realty by 2.0% in the 4th quarter. Swiss National Bank now owns 254,011 shares of the real estate investment trust’s stock worth $9,823,000 after purchasing an additional 4,900 shares during the period. Finally, Boston Partners raised its holdings in shares of Kilroy Realty by 1.9% in the 4th quarter. Boston Partners now owns 1,684,489 shares of the real estate investment trust’s stock worth $65,150,000 after purchasing an additional 31,559 shares during the period. 89.86% of the stock is currently owned by hedge funds and other institutional investors.

Kilroy Realty Price Performance

Shares of NYSE KRC opened at $28.11 on Wednesday. Kilroy Realty Co. has a fifty-two week low of $25.99 and a fifty-two week high of $62.18. The business has a 50 day moving average price of $29.51 and a two-hundred day moving average price of $35.92. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 0.78. The firm has a market cap of $3.29 billion, a PE ratio of 14.01, a price-to-earnings-growth ratio of 1.90 and a beta of 0.86.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KRC. StockNews.com began coverage on Kilroy Realty in a report on Thursday, May 18th. They issued a “hold” rating on the stock. The Goldman Sachs Group began coverage on Kilroy Realty in a report on Tuesday, March 21st. They issued a “buy” rating and a $41.00 price objective on the stock. Scotiabank downgraded Kilroy Realty from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $53.00 to $43.00 in a report on Tuesday, January 24th. Deutsche Bank Aktiengesellschaft cut their price objective on Kilroy Realty from $46.00 to $41.00 in a report on Wednesday, March 1st. Finally, Wells Fargo & Company lowered their target price on Kilroy Realty from $46.00 to $36.00 and set an “overweight” rating for the company in a research note on Thursday, March 16th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $48.38.

Kilroy Realty Profile

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Kilroy Realty Corp. operates as a self-administered real estate investment trust, which engages in the development, acquisition, and management of office and mixed-use real estate assets. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area, and Greater Seattle.