Robeco Institutional Asset Management B.V. Sells 30,000 Shares of Kilroy Realty Corporation $KRC

Robeco Institutional Asset Management B.V. lessened its holdings in Kilroy Realty Corporation (NYSE:KRC) by 17.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,195 shares of the real estate investment trust’s stock after selling 30,000 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.12% of Kilroy Realty worth $6,050,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank bought a new position in shares of Kilroy Realty during the second quarter valued at about $310,746,000. Daiwa Securities Group Inc. boosted its holdings in Kilroy Realty by 168.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,562,992 shares of the real estate investment trust’s stock valued at $122,246,000 after acquiring an additional 2,236,539 shares during the period. Route One Investment Company L.P. bought a new position in Kilroy Realty during the 2nd quarter worth approximately $34,341,000. Quantinno Capital Management LP increased its stake in Kilroy Realty by 133.0% in the 2nd quarter. Quantinno Capital Management LP now owns 864,541 shares of the real estate investment trust’s stock worth $29,662,000 after purchasing an additional 493,546 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Kilroy Realty by 283.2% in the second quarter. Russell Investments Group Ltd. now owns 627,507 shares of the real estate investment trust’s stock valued at $21,530,000 after purchasing an additional 463,771 shares during the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Kilroy Realty Stock Performance

Kilroy Realty stock opened at $39.81 on Friday. Kilroy Realty Corporation has a fifty-two week low of $27.07 and a fifty-two week high of $45.03. The stock’s 50 day simple moving average is $40.46 and its two-hundred day simple moving average is $39.88. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.56 and a current ratio of 2.56. The stock has a market cap of $4.71 billion, a price-to-earnings ratio of 14.69 and a beta of 1.10.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.09. Kilroy Realty had a return on equity of 5.75% and a net margin of 28.68%.The company had revenue of $279.74 million during the quarter, compared to analysts’ expectations of $271.24 million. During the same quarter last year, the business posted $1.17 EPS. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. As a group, analysts expect that Kilroy Realty Corporation will post 4 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.54 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.16 annualized dividend and a yield of 5.4%. Kilroy Realty’s dividend payout ratio (DPR) is currently 79.70%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued a “neutral” rating and set a $44.00 price objective (down previously from $46.00) on shares of Kilroy Realty in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $35.00 price target on shares of Kilroy Realty in a report on Tuesday. KeyCorp reissued a “sector weight” rating on shares of Kilroy Realty in a report on Thursday, December 4th. Evercore ISI decreased their price objective on shares of Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating on the stock in a research report on Friday, November 14th. Finally, Mizuho increased their target price on shares of Kilroy Realty from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $41.54.

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.