UMB Bank n.a. Acquires 534 Shares of Kilroy Realty Corporation $KRC

UMB Bank n.a. raised its holdings in shares of Kilroy Realty Corporation (NYSE:KRC) by 46.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,694 shares of the real estate investment trust’s stock after purchasing an additional 534 shares during the period. UMB Bank n.a.’s holdings in Kilroy Realty were worth $58,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of KRC. ProShare Advisors LLC bought a new position in Kilroy Realty during the 4th quarter valued at approximately $201,000. Tidal Investments LLC raised its position in shares of Kilroy Realty by 51.1% in the 4th quarter. Tidal Investments LLC now owns 11,295 shares of the real estate investment trust’s stock worth $457,000 after acquiring an additional 3,820 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Kilroy Realty in the 4th quarter valued at approximately $11,892,000. Versant Capital Management Inc boosted its position in shares of Kilroy Realty by 186.9% during the first quarter. Versant Capital Management Inc now owns 7,461 shares of the real estate investment trust’s stock valued at $244,000 after purchasing an additional 4,860 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Kilroy Realty by 2,913.6% during the first quarter. GAMMA Investing LLC now owns 55,692 shares of the real estate investment trust’s stock valued at $1,700,000 after purchasing an additional 53,844 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on KRC. The Goldman Sachs Group restated a “sell” rating and set a $33.00 price target on shares of Kilroy Realty in a research report on Thursday, August 21st. Mizuho dropped their price target on Kilroy Realty from $43.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, July 14th. Royal Bank Of Canada lifted their price target on Kilroy Realty from $39.00 to $40.00 and gave the company a “sector perform” rating in a research report on Thursday, August 7th. BMO Capital Markets lowered Kilroy Realty from a “market perform” rating to an “underperform” rating and set a $35.00 price target on the stock. in a research report on Wednesday, July 16th. Finally, Scotiabank upgraded Kilroy Realty from a “sector underperform” rating to a “sector perform” rating and lifted their price target for the company from $40.00 to $47.00 in a research report on Wednesday, September 17th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and an average target price of $39.45.

Insiders Place Their Bets

In other Kilroy Realty news, EVP Eliott Trencher sold 3,997 shares of Kilroy Realty stock in a transaction on Friday, August 8th. The stock was sold at an average price of $38.05, for a total value of $152,085.85. Following the completion of the sale, the executive vice president owned 43,826 shares of the company’s stock, valued at approximately $1,667,579.30. This trade represents a 8.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Merryl Elizabeth Werber sold 6,250 shares of Kilroy Realty stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total value of $239,250.00. Following the completion of the sale, the chief accounting officer directly owned 26,435 shares of the company’s stock, valued at approximately $1,011,931.80. The trade was a 19.12% decrease in their position. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by company insiders.

Kilroy Realty Stock Down 1.7%

KRC stock opened at $42.60 on Friday. Kilroy Realty Corporation has a twelve month low of $27.07 and a twelve month high of $45.03. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.82. The firm has a market cap of $5.04 billion, a PE ratio of 23.15 and a beta of 1.26. The business has a 50 day moving average of $40.27 and a 200 day moving average of $35.66.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.12. Kilroy Realty had a return on equity of 3.92% and a net margin of 19.29%.The company had revenue of $289.89 million during the quarter, compared to analyst estimates of $268.84 million. During the same quarter last year, the company earned $1.10 EPS. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. On average, research analysts forecast that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 30th will be issued a $0.54 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.1%. Kilroy Realty’s dividend payout ratio (DPR) is presently 117.39%.

Kilroy Realty Company Profile

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.