Strs Ohio Reduces Stake in Kilroy Realty Corporation $KRC

Strs Ohio cut its stake in Kilroy Realty Corporation (NYSE:KRC) by 55.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,309 shares of the real estate investment trust’s stock after selling 149,395 shares during the quarter. Strs Ohio’s holdings in Kilroy Realty were worth $4,421,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

KRC has been the topic of several analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of Kilroy Realty in a research report on Wednesday, January 7th. Wall Street Zen lowered Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Royal Bank Of Canada reduced their target price on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Evercore set a $38.00 target price on Kilroy Realty in a research report on Tuesday, April 28th. Finally, Citigroup reduced their price objective on Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Kilroy Realty presently has a consensus rating of “Hold” and a consensus price target of $37.77.

Kilroy Realty Trading Up 1.9%

Shares of Kilroy Realty stock opened at $33.57 on Wednesday. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.84. The company has a fifty day simple moving average of $29.96 and a 200-day simple moving average of $35.60. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 18.44 and a beta of 1.14. Kilroy Realty Corporation has a 12-month low of $27.36 and a 12-month high of $45.03.

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 net margin of 19.59% and a return on equity of 3.89%. The company had revenue of $270.05 million during the quarter, compared to analysts’ expectations of $263.08 million. During the same period last year, the firm earned $1.02 earnings per share. Kilroy Realty’s revenue was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities analysts forecast that Kilroy Realty Corporation will post 3.56 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

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

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.