Yousif Capital Management LLC Sells 606 Shares of Kilroy Realty Corporation $KRC

Yousif Capital Management LLC cut its stake in Kilroy Realty Corporation (NYSE:KRC) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,877 shares of the real estate investment trust’s stock after selling 606 shares during the quarter. Yousif Capital Management LLC’s holdings in Kilroy Realty were worth $1,231,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. APG Asset Management US Inc. grew its position in Kilroy Realty by 5.3% during the first quarter. APG Asset Management US Inc. now owns 4,611,122 shares of the real estate investment trust’s stock valued at $151,521,000 after buying an additional 230,236 shares during the period. T. Rowe Price Investment Management Inc. grew its position in Kilroy Realty by 3.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,103,487 shares of the real estate investment trust’s stock valued at $101,671,000 after buying an additional 99,567 shares during the period. PGGM Investments grew its position in Kilroy Realty by 8.2% during the second quarter. PGGM Investments now owns 3,100,393 shares of the real estate investment trust’s stock valued at $106,374,000 after buying an additional 234,624 shares during the period. Northern Trust Corp grew its position in Kilroy Realty by 39.5% during the first quarter. Northern Trust Corp now owns 2,923,836 shares of the real estate investment trust’s stock valued at $95,785,000 after buying an additional 827,365 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Kilroy Realty by 0.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,216,791 shares of the real estate investment trust’s stock valued at $72,622,000 after buying an additional 16,175 shares during the period. 94.22% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Kilroy Realty

In other news, CAO Merryl Elizabeth Werber sold 6,250 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $38.28, for a total value of $239,250.00. Following the transaction, the chief accounting officer owned 26,435 shares of the company’s stock, valued at approximately $1,011,931.80. The trade was a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Eliott Trencher sold 3,997 shares of the business’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $38.05, for a total transaction of $152,085.85. Following the completion of the transaction, the executive vice president directly owned 43,826 shares in the company, valued at $1,667,579.30. This trade represents a 8.36% decrease in their position. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently issued reports on KRC shares. Mizuho cut their target price on shares of Kilroy Realty from $43.00 to $35.00 and set a “neutral” rating for the company in a research report on Monday, July 14th. Jefferies Financial Group raised shares of Kilroy Realty from a “hold” rating to a “buy” rating and lifted their price target for the company from $33.00 to $45.00 in a report on Monday, October 13th. BMO Capital Markets downgraded shares of Kilroy Realty from a “market perform” rating to an “underperform” rating and set a $35.00 price target on the stock. in a report on Wednesday, July 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kilroy Realty in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and set a $33.00 price target on shares of Kilroy Realty in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $41.17.

Kilroy Realty Price Performance

KRC stock opened at $40.58 on Tuesday. Kilroy Realty Corporation has a one year low of $27.07 and a one year high of $45.03. The company’s fifty day moving average price is $41.48 and its 200-day moving average price is $36.57. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market capitalization of $4.80 billion, a PE ratio of 22.06 and a beta of 1.24.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.01 by $0.12. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. The firm had revenue of $289.89 million for the quarter, compared to the consensus estimate of $268.84 million. During the same quarter in the previous year, the firm earned $1.10 earnings per share. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. On average, equities analysts anticipate that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 30th were issued a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Tuesday, September 30th. Kilroy Realty’s payout ratio is 117.39%.

Kilroy Realty Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.