Caxton Associates LLP purchased a new stake in Kilroy Realty Corporation (NYSE:KRC – Free Report) during the 1st quarter, HoldingsChannel reports. The fund purchased 58,596 shares of the real estate investment trust’s stock, valued at approximately $1,653,000.
A number of other large investors have also recently modified their holdings of KRC. Wiser Advisor Group LLC purchased a new position in shares of Kilroy Realty during the third quarter worth about $32,000. Caitong International Asset Management Co. Ltd purchased a new stake in Kilroy Realty in the third quarter valued at approximately $40,000. SJS Investment Consulting Inc. raised its stake in Kilroy Realty by 128.1% in the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 963 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in Kilroy Realty during the fourth quarter valued at approximately $65,000. Finally, Horizon Investments LLC bought a new stake in Kilroy Realty during the fourth quarter valued at approximately $65,000. Institutional investors own 94.22% of the company’s stock.
Wall Street Analyst Weigh In
KRC has been the subject of a number of research reports. Barclays boosted their price target on shares of Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Tuesday. BMO Capital Markets raised their price objective on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research report on Monday, June 15th. Weiss Ratings raised shares of Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. cut their target price on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Finally, Scotiabank increased their target price on Kilroy Realty from $38.00 to $41.00 and gave the company a “sector perform” rating in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $38.87.
Kilroy Realty Stock Up 2.8%
Shares of KRC opened at $39.43 on Friday. The firm has a market cap of $4.59 billion, a P/E ratio of 21.67 and a beta of 1.12. The stock has a 50 day simple moving average of $37.32 and a two-hundred day simple moving average of $34.12. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. Kilroy Realty Corporation has a 1 year low of $27.36 and a 1 year high of $45.03.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The business had revenue of $270.05 million for the quarter, compared to the consensus estimate of $263.08 million. Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The firm’s revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, analysts forecast that Kilroy Realty Corporation will post 3.58 earnings per share for the current fiscal year.
Kilroy Realty Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were paid a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.5%. Kilroy Realty’s dividend payout ratio is 118.68%.
Insider Activity at Kilroy Realty
In related news, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction on Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the transaction, the director owned 13,892 shares in the company, valued at $524,978.68. This trade represents a 53.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the sale, the president directly owned 519,872 shares of the company’s stock, valued at $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 29,648 shares of company stock valued at $1,120,958. Insiders own 0.83% of the company’s stock.
Kilroy Realty Profile
Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high‐quality office and mixed‐use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit‐oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.
Founded in the mid‐20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.
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