Kilroy Realty Corporation $KRC Shares Sold by Camelot Portfolios LLC

Camelot Portfolios LLC decreased its position in shares of Kilroy Realty Corporation (NYSE:KRC) by 46.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,262 shares of the real estate investment trust’s stock after selling 14,040 shares during the period. Camelot Portfolios LLC’s holdings in Kilroy Realty were worth $558,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in KRC. APG Asset Management US Inc. grew its stake in shares of Kilroy Realty by 5.3% in the 1st quarter. APG Asset Management US Inc. now owns 4,611,122 shares of the real estate investment trust’s stock valued at $151,521,000 after purchasing an additional 230,236 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Kilroy Realty by 3.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,103,487 shares of the real estate investment trust’s stock worth $101,671,000 after acquiring an additional 99,567 shares in the last quarter. Northern Trust Corp lifted its holdings in Kilroy Realty by 39.5% during the first quarter. Northern Trust Corp now owns 2,923,836 shares of the real estate investment trust’s stock worth $95,785,000 after acquiring an additional 827,365 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Kilroy Realty by 0.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,216,791 shares of the real estate investment trust’s stock valued at $72,622,000 after purchasing an additional 16,175 shares during the period. Finally, Federated Hermes Inc. increased its position in shares of Kilroy Realty by 5.9% in the first quarter. Federated Hermes Inc. now owns 1,382,605 shares of the real estate investment trust’s stock valued at $45,294,000 after acquiring an additional 76,817 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Stock Down 1.7%

Shares of NYSE:KRC opened at $42.60 on Friday. The firm has a fifty day moving average price of $40.27 and a two-hundred day moving average price of $35.68. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.35 and a quick ratio of 2.35. Kilroy Realty Corporation has a one year low of $27.07 and a one year high of $45.03. The company has a market cap of $5.04 billion, a price-to-earnings ratio of 23.15 and a beta of 1.26.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.12. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. The company had revenue of $289.89 million during the quarter, compared to the consensus estimate of $268.84 million. During the same period in the previous year, the firm posted $1.10 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. Analysts anticipate that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Tuesday, September 30th. Kilroy Realty’s payout ratio is currently 117.39%.

Insider Transactions at Kilroy Realty

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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on KRC shares. Barclays reissued an “equal weight” rating and set a $43.00 price target on shares of Kilroy Realty in a research report on Thursday, September 4th. The Goldman Sachs Group restated a “sell” rating and set a $33.00 target price on shares of Kilroy Realty in a research note on Thursday, August 21st. Mizuho lowered their price target on shares of Kilroy Realty from $43.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, July 14th. Royal Bank Of Canada upped their price target on shares of Kilroy Realty from $39.00 to $40.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Finally, Scotiabank upgraded Kilroy Realty from a “sector underperform” rating to a “sector perform” rating and increased their price objective for the company from $40.00 to $47.00 in a report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $39.45.

Kilroy Realty 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.