Vestcor Inc Sells 38,060 Shares of Kilroy Realty Corporation $KRC

Vestcor Inc trimmed its holdings in Kilroy Realty Corporation (NYSE:KRC) by 94.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,276 shares of the real estate investment trust’s stock after selling 38,060 shares during the quarter. Vestcor Inc’s holdings in Kilroy Realty were worth $85,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in KRC. Wiser Advisor Group LLC bought a new stake in shares of Kilroy Realty in the 3rd quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Kilroy Realty in the 3rd quarter worth approximately $40,000. Smartleaf Asset Management LLC lifted its holdings in shares of Kilroy Realty by 276.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 719 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Kilroy Realty in the 4th quarter worth approximately $65,000. Finally, Horizon Investments LLC bought a new stake in shares of Kilroy Realty in the 4th quarter worth approximately $65,000. 94.22% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the transaction, the insider directly owned 15,456 shares in the company, valued at approximately $535,550.40. This represents a 16.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.83% of the company’s stock.

Kilroy Realty Stock Down 0.3%

Shares of NYSE KRC opened at $38.49 on Thursday. Kilroy Realty Corporation has a 52 week low of $27.36 and a 52 week high of $45.03. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. The firm’s fifty day moving average is $32.85 and its 200 day moving average is $34.42. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 21.15 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) 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 business had revenue of $270.05 million during the quarter, compared to the consensus estimate of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.Kilroy Realty’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities research analysts expect that Kilroy Realty Corporation will post 3.57 earnings per share for the current year.

Kilroy Realty Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Kilroy Realty’s payout ratio is presently 118.68%.

Analysts Set New Price Targets

KRC has been the subject of a number of recent research reports. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the stock an “underperform” rating in a report on Tuesday, February 24th. Scotiabank boosted their price objective on shares of Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a report on Thursday, May 21st. Wall Street Zen lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Wells Fargo & Company boosted their price objective on shares of Kilroy Realty from $31.00 to $33.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $37.38.

About Kilroy Realty

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.