Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 24,411 shares of the real estate investment trust’s stock, valued at approximately $912,000.
Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Kilroy Realty by 15.7% in the first quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock valued at $1,947,000 after buying an additional 8,078 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Kilroy Realty by 40.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock worth $2,037,000 after buying an additional 17,848 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Kilroy Realty by 6.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock worth $28,208,000 after buying an additional 52,333 shares in the last quarter. United Services Automobile Association acquired a new stake in Kilroy Realty in the 1st quarter valued at about $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Kilroy Realty by 0.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock valued at $5,007,000 after acquiring an additional 1,320 shares during the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
KRC has been the subject of a number of research reports. Evercore set a $38.00 target price on shares of Kilroy Realty in a research report on Tuesday, April 28th. Weiss Ratings lowered shares of Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 1st. Royal Bank Of Canada lowered their price target on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Wall Street Zen lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, Citigroup lowered their price target on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $37.69.
Kilroy Realty Stock Down 0.4%
Shares of NYSE:KRC opened at $34.13 on Friday. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. Kilroy Realty Corporation has a 52-week low of $27.36 and a 52-week high of $45.03. The stock’s fifty day simple moving average is $30.91 and its 200-day simple moving average is $35.04. The company has a market capitalization of $3.97 billion, a P/E ratio of 18.75 and a beta of 1.14.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.30). Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The company had revenue of $270.05 million during the quarter, compared to analysts’ expectations of $263.08 million. The firm’s revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, equities research analysts forecast that Kilroy Realty Corporation will post 3.57 earnings per share for the current fiscal year.
Kilroy Realty Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, June 30th. Kilroy Realty’s payout ratio is currently 118.68%.
Insider Buying and Selling at Kilroy Realty
In other news, insider Lauren N. Stadler sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the transaction, the insider owned 15,456 shares of the company’s stock, valued at $535,550.40. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.83% of the stock is currently owned by corporate insiders.
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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