Kilroy Realty Corporation (NYSE:KRC) Short Interest Down 14.5% in April

Kilroy Realty Corporation (NYSE:KRC) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 13,037,020 shares, a drop of 14.5% from the March 31st total of 15,252,177 shares. Based on an average trading volume of 2,810,599 shares, the short-interest ratio is currently 4.6 days. Approximately 11.4% of the company’s shares are sold short.

Kilroy Realty Stock Performance

Shares of KRC stock opened at $33.67 on Friday. The company’s fifty day simple moving average is $29.94 and its 200-day simple moving average is $35.69. Kilroy Realty has a 52 week low of $27.36 and a 52 week high of $45.03. The company has a current ratio of 2.09, a quick ratio of 2.13 and a debt-to-equity ratio of 0.84. The company has a market cap of $3.92 billion, a PE ratio of 18.50 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings results 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). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The business had revenue of $270.05 million for the quarter, compared to analysts’ expectations of $263.08 million. During the same period last year, the company posted $1.02 earnings per share. 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, equities research analysts anticipate that Kilroy Realty will post 3.56 EPS for the current year.

Kilroy Realty Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 31st were given a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.16 annualized dividend and a dividend yield of 6.4%. Kilroy Realty’s dividend payout ratio is presently 118.68%.

Institutional Investors Weigh In On Kilroy Realty

Several hedge funds have recently modified their holdings of the stock. Caprock Group LLC purchased a new position in shares of Kilroy Realty in the third quarter valued at $1,741,000. Nan Fung Trinity HK Ltd. purchased a new stake in Kilroy Realty during the 3rd quarter worth $3,270,000. Allianz Asset Management GmbH increased its stake in Kilroy Realty by 134.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust’s stock worth $5,991,000 after buying an additional 81,292 shares during the period. Federated Hermes Inc. lifted its holdings in Kilroy Realty by 6.4% in the 3rd quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust’s stock worth $63,163,000 after buying an additional 89,307 shares in the last quarter. Finally, Vestcor Inc purchased a new position in Kilroy Realty in the 3rd quarter valued at about $1,704,000. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on KRC shares. Evercore set a $38.00 price target on shares of Kilroy Realty in a report on Tuesday. Barclays cut their target price on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Weiss Ratings cut Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday. Scotiabank lowered their price target on Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada cut their price objective on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $37.77.

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.