Knights of Columbus Asset Advisors LLC lessened its position in Kilroy Realty Corporation (NYSE:KRC – Free Report) by 63.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,524 shares of the real estate investment trust’s stock after selling 81,445 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Kilroy Realty were worth $1,739,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in KRC. Westside Investment Management Inc. raised its position in Kilroy Realty by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 309 shares during the period. Wiser Advisor Group LLC purchased a new position in shares of Kilroy Realty during the third quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Kilroy Realty during the third quarter valued at approximately $40,000. Smartleaf Asset Management LLC grew its stake in shares of Kilroy Realty by 276.5% during the third quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 719 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Kilroy Realty in the fourth quarter worth approximately $65,000. 94.22% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on KRC shares. Weiss Ratings lowered Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 1st. Barclays reduced their target price on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Citigroup lowered their target price on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. JPMorgan Chase & Co. cut their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, Evercore set a $38.00 price target on shares of Kilroy Realty in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Kilroy Realty currently has an average rating of “Hold” and an average target price of $37.69.
Kilroy Realty Price Performance
NYSE KRC opened at $34.35 on Friday. Kilroy Realty Corporation has a 52-week low of $27.36 and a 52-week high of $45.03. The firm’s 50 day moving average price is $31.46 and its 200-day moving average price is $34.75. The company has a market cap of $3.99 billion, a PE ratio of 18.87 and a beta of 1.14. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.09 and a current ratio of 2.09.
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 for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The company had revenue of $270.05 million for the quarter, compared to analysts’ expectations of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Sell-side analysts forecast that Kilroy Realty Corporation will post 3.57 EPS for the current fiscal year.
Kilroy Realty Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.3%. Kilroy Realty’s dividend payout ratio is presently 118.68%.
Insider Transactions at Kilroy Realty
In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the sale, the insider directly owned 15,456 shares in the company, valued at approximately $535,550.40. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.83% of the stock is owned by corporate insiders.
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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