Corient Private Wealth LLC boosted its stake in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) by 64.8% in the 4th quarter, Holdings Channel reports. The fund owned 78,499 shares of the real estate investment trust’s stock after buying an additional 30,879 shares during the period. Corient Private Wealth LLC’s holdings in Kilroy Realty were worth $2,935,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently bought and sold shares of KRC. Quadrant Capital Group LLC boosted its position in Kilroy Realty by 2.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock worth $460,000 after purchasing an additional 295 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Kilroy Realty by 9.6% in the 4th quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 320 shares during the period. Whittier Trust Co. boosted its holdings in Kilroy Realty by 4.1% during the fourth quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock worth $377,000 after buying an additional 375 shares in the last quarter. DoubleLine ETF Adviser LP boosted its holdings in Kilroy Realty by 6.1% during the third quarter. DoubleLine ETF Adviser LP now owns 6,621 shares of the real estate investment trust’s stock worth $280,000 after buying an additional 381 shares in the last quarter. Finally, NorthRock Partners LLC grew its position in Kilroy Realty by 4.0% during the third quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust’s stock valued at $503,000 after buying an additional 460 shares during the period. 94.22% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, insider Lauren N. Stadler sold 3,000 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the sale, the insider directly 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction that occurred 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 sale, the president owned 519,872 shares of the company’s stock, valued at $20,124,245.12. The trade was a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.83% of the stock is owned by corporate insiders.
Kilroy Realty Stock Performance
Kilroy Realty (NYSE:KRC – Get Free Report) last released its earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company had revenue of $270.05 million for the quarter, compared to analysts’ expectations of $263.08 million. During the same period in the prior year, the firm earned $1.02 EPS. The firm’s revenue for the quarter was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, research analysts forecast that Kilroy Realty Corporation will post 3.59 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. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.7%. The ex-dividend date is Tuesday, June 30th. Kilroy Realty’s payout ratio is 118.68%.
Wall Street Analyst Weigh In
KRC has been the subject of a number of recent analyst reports. Royal Bank Of Canada cut their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. JPMorgan Chase & Co. dropped their target price on Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Wells Fargo & Company lifted their price target on Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. UBS Group set a $44.00 price target on Kilroy Realty in a report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $33.00 price target on shares of Kilroy Realty in a research report on Tuesday, May 12th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Kilroy Realty currently has a consensus rating of “Hold” and a consensus price target of $37.87.
Check Out Our Latest Analysis on Kilroy Realty
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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