Sarasin & Partners LLP Purchases Shares of 13,553 Kilroy Realty Corporation $KRC

Sarasin & Partners LLP acquired a new stake in shares of Kilroy Realty Corporation (NYSE:KRCFree Report) in the second quarter, Holdings Channel.com reports. The fund acquired 13,553 shares of the real estate investment trust’s stock, valued at approximately $508,000.

Several other large investors have also modified their holdings of the stock. Wiser Advisor Group LLC acquired a new position in shares of Kilroy Realty in the 3rd quarter worth $32,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Kilroy Realty during the third quarter valued at $40,000. SJS Investment Consulting Inc. lifted its holdings in shares of Kilroy Realty by 128.1% during the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 963 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Kilroy Realty by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,888 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 502 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new position in shares of Kilroy Realty in the 4th quarter valued at $65,000. 94.22% of the stock is owned by institutional investors.

Kilroy Realty Stock Down 3.5%

NYSE:KRC opened at $37.31 on Friday. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 26.27 and a beta of 1.11. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83. The business’s fifty day moving average price is $38.17 and its 200 day moving average price is $34.10.

Kilroy Realty (NYSE:KRCGet Free Report) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.73). Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The business had revenue of $272.37 million during the quarter, compared to analysts’ expectations of $267.39 million. During the same period in the prior year, the company posted $1.13 earnings per share. The firm’s revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, sell-side analysts forecast that Kilroy Realty Corporation will post 3.58 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio is 152.11%.

Insider Buying and Selling

In related news, President Justin William Smart sold 10,848 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the sale, the president directly owned 519,872 shares in the company, valued at approximately $20,124,245.12. This trade represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jolie A. Hunt sold 15,800 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the transaction, the director directly owned 13,892 shares in the company, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.83% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. JPMorgan Chase & Co. cut their price objective on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Mizuho raised their target price on shares of Kilroy Realty from $29.00 to $34.00 and gave the stock an “underperform” rating in a report on Tuesday, July 21st. Barclays lifted their target price on shares of Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. BMO Capital Markets boosted their price target on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Finally, The Goldman Sachs Group upped their price target on shares of Kilroy Realty from $28.00 to $31.00 and gave the company a “sell” rating in a research report on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $39.13.

Get Our Latest Analysis on Kilroy Realty

About Kilroy Realty

(Free Report)

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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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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