GSA Capital Partners LLP bought a new stake in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 41,841 shares of the real estate investment trust’s stock, valued at approximately $1,568,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Handelsbanken Fonder AB grew its holdings in shares of Kilroy Realty by 21.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 42,774 shares of the real estate investment trust’s stock worth $1,603,000 after acquiring an additional 7,600 shares during the period. HF Advisory Group LLC lifted its stake in shares of Kilroy Realty by 5.2% in the 2nd quarter. HF Advisory Group LLC now owns 102,793 shares of the real estate investment trust’s stock valued at $3,852,000 after purchasing an additional 5,041 shares during the period. Elevation Wealth Partners LLC boosted its position in shares of Kilroy Realty by 205.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 984 shares in the last quarter. 55 North Private Wealth LLC bought a new stake in shares of Kilroy Realty during the second quarter valued at approximately $269,000. Finally, Sarasin & Partners LLP purchased a new stake in Kilroy Realty in the second quarter worth $508,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently commented on KRC. Needham & Company LLC restated a “buy” rating on shares of Kilroy Realty in a report on Monday, June 8th. BMO Capital Markets boosted their price objective on shares of Kilroy Realty from $34.00 to $38.00 and gave the stock a “market perform” rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. The Goldman Sachs Group raised their target price on shares of Kilroy Realty from $28.00 to $31.00 and gave the company a “sell” rating in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company lifted their target price on shares of Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $39.13.
Insider Activity
In other news, President Justin William Smart sold 10,848 shares of the company’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 value of $419,926.08. Following the transaction, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jolie A. Hunt sold 15,800 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director owned 13,892 shares in the company, valued at approximately $524,978.68. This represents a 53.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.83% of the stock is currently owned by insiders.
Kilroy Realty Price Performance
Shares of NYSE:KRC opened at $36.36 on Monday. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. The business has a fifty day moving average price of $38.35 and a 200-day moving average price of $34.12. The company has a market capitalization of $4.23 billion, a PE ratio of 25.61 and a beta of 1.11.
Kilroy Realty (NYSE:KRC – Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $272.37 million during the quarter, compared to analysts’ expectations of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.Kilroy Realty’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, equities analysts expect that Kilroy Realty Corporation will post 3.58 EPS for the current fiscal year.
Kilroy Realty Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th were issued a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.16 annualized dividend and a yield of 5.9%. Kilroy Realty’s payout ratio is 152.11%.
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.
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