Westpac Banking Corp purchased a new position in Kilroy Realty Corporation (NYSE:KRC – Free Report) in the second quarter, HoldingsChannel reports. The fund purchased 31,485 shares of the real estate investment trust’s stock, valued at approximately $1,180,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Wiser Advisor Group LLC bought a new stake in Kilroy Realty during the 3rd quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Kilroy Realty during the 3rd quarter worth approximately $40,000. Elevation Wealth Partners LLC grew its holdings in shares of Kilroy Realty by 205.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 984 shares during the period. SJS Investment Consulting Inc. raised its position in shares of Kilroy Realty by 128.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 963 shares in the last quarter. Finally, Horizon Investments LLC bought a new position in shares of Kilroy Realty in the 4th quarter worth approximately $65,000. 94.22% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Kilroy Realty news, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director owned 13,892 shares in the company, valued at approximately $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 can be accessed through this hyperlink. 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 value of $419,926.08. Following the completion of the sale, the president directly owned 519,872 shares in the company, valued at $20,124,245.12. This trade represents a 2.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.83% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on KRC
Kilroy Realty Price Performance
KRC stock opened at $36.52 on Friday. The firm has a 50 day moving average price of $38.16 and a 200-day moving average price of $34.19. Kilroy Realty Corporation has a 52-week low of $27.36 and a 52-week high of $45.03. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 25.72 and a beta of 1.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The company had revenue of $272.37 million during the quarter, compared to the consensus estimate of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities research analysts forecast that Kilroy Realty Corporation will post 3.58 EPS for the current fiscal year.
Kilroy Realty Company 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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