Kilroy Realty (NYSE:KRC) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Kilroy Realty (NYSE:KRC) from a sell rating to a hold rating in a report published on Saturday.

Several other equities research analysts also recently commented on KRC. UBS Group set a $44.00 target price on Kilroy Realty in a report on Tuesday, June 16th. Weiss Ratings upgraded Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. Evercore raised shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 price objective for the company in a research report on Monday, June 8th. BMO Capital Markets lifted their price objective on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $39.13.

Kilroy Realty Stock Performance

Kilroy Realty stock opened at $36.36 on Friday. The stock’s 50-day moving average is $38.35 and its 200-day moving average is $34.13. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 25.61 and a beta of 1.11. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. Kilroy Realty has a 12 month low of $27.36 and a 12 month high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The business had revenue of $272.37 million for the quarter, compared to analyst estimates of $267.39 million. During the same period last year, the company posted $1.13 EPS. The firm’s revenue for the quarter was down 6.0% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities analysts anticipate that Kilroy Realty will post 3.58 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is presently 152.11%.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, President Justin William Smart sold 10,848 shares of Kilroy Realty stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the transaction, the president directly owned 519,872 shares in the company, valued at $20,124,245.12. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jolie A. Hunt sold 15,800 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the transaction, the director directly owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. This trade represents a 53.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.83% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of Kilroy Realty in the 2nd quarter worth approximately $581,003,000. Norges Bank bought a new stake in Kilroy Realty during the fourth quarter worth approximately $340,131,000. State Street Corp grew its position in Kilroy Realty by 1.2% in the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock worth $203,514,000 after buying an additional 67,546 shares during the last quarter. Principal Financial Group Inc. grew its position in Kilroy Realty by 23.5% in the fourth quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after buying an additional 994,299 shares during the last quarter. Finally, Rush Island Management LP increased its holdings in shares of Kilroy Realty by 84.5% in the first quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock valued at $137,122,000 after buying an additional 2,226,821 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

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.