Quantinno Capital Management LP decreased its holdings in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) by 29.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,414,973 shares of the real estate investment trust’s stock after selling 597,824 shares during the period. Quantinno Capital Management LP’s holdings in Kilroy Realty were worth $39,916,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in KRC. Norges Bank acquired a new stake in Kilroy Realty during the fourth quarter valued at approximately $340,131,000. M&T Bank Corp grew its position in Kilroy Realty by 34,820.2% in the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock worth $103,014,000 after buying an additional 2,748,704 shares during the last quarter. Morgan Stanley increased its holdings in shares of Kilroy Realty by 231.5% in the fourth quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock valued at $98,805,000 after buying an additional 1,846,325 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of Kilroy Realty in the third quarter valued at $58,948,000. Finally, Situational Awareness LP acquired a new stake in shares of Kilroy Realty during the 4th quarter valued at $49,616,000. Institutional investors and hedge funds own 94.22% of the company’s stock.
Analyst Upgrades and Downgrades
KRC has been the subject of several research reports. Weiss Ratings raised Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 1st. Barclays boosted their target price on Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Citigroup increased their price target on Kilroy Realty from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Finally, UBS Group set a $44.00 price objective on Kilroy Realty in a report on Tuesday, June 16th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kilroy Realty presently has an average rating of “Hold” and a consensus price target of $39.13.
Kilroy Realty Stock Performance
Shares of NYSE KRC opened at $39.53 on Friday. The company has a market capitalization of $4.60 billion, a P/E ratio of 27.84 and a beta of 1.12. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.09. Kilroy Realty Corporation has a one year low of $27.36 and a one year high of $45.03. The business’s 50-day moving average price is $37.74 and its two-hundred day moving average price is $34.08.
Kilroy Realty (NYSE:KRC – Get Free Report) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.73). Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The business had revenue of $272.37 million during the quarter, compared to the consensus estimate of $267.39 million. During the same period in the prior year, the firm earned $1.13 earnings per share. The business’s revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Analysts anticipate that Kilroy Realty Corporation will post 3.58 earnings per share for the current fiscal year.
Kilroy Realty Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.5%. The ex-dividend date was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is 152.11%.
Insider Buying and Selling at Kilroy Realty
In other Kilroy Realty news, Director Jolie A. Hunt sold 15,800 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director owned 13,892 shares of the company’s stock, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lauren N. Stadler sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the sale, the insider owned 15,456 shares of the company’s stock, valued at approximately $535,550.40. This trade represents a 16.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,648 shares of company stock worth $1,120,958 over the last three months. Corporate insiders own 0.83% of the company’s stock.
About Kilroy Realty
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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