Expect Equity LLC bought a new position in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 42,493 shares of the real estate investment trust’s stock, valued at approximately $1,592,000.
A number of other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in shares of Kilroy Realty by 15.7% in the first quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock worth $1,947,000 after purchasing an additional 8,078 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Kilroy Realty by 40.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock valued at $2,037,000 after purchasing an additional 17,848 shares during the period. Goldman Sachs Group Inc. increased its position in Kilroy Realty by 6.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock worth $28,208,000 after buying an additional 52,333 shares during the period. United Services Automobile Association acquired a new position in shares of Kilroy Realty during the first quarter worth approximately $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Kilroy Realty by 0.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock valued at $5,007,000 after acquiring an additional 1,320 shares during the period. 94.22% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms recently commented on KRC. JPMorgan Chase & Co. cut their target price on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Citigroup raised their price target on shares of Kilroy Realty from $34.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. Scotiabank lifted their target price on Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 21st. Finally, BMO Capital Markets boosted their price target on Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $39.13.
Insiders Place Their Bets
In other news, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction 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 sale, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. The trade was a 2.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 completion of the sale, the director owned 13,892 shares in the company, valued at $524,978.68. This represents a 53.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.83% of the company’s stock.
Kilroy Realty Stock Up 0.9%
NYSE KRC opened at $37.20 on Wednesday. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The company has a market capitalization of $4.33 billion, a price-to-earnings ratio of 26.20 and a beta of 1.11. The stock’s 50 day moving average is $38.11 and its two-hundred day moving average is $34.23. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued 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). The company had revenue of $272.37 million during the quarter, compared to analyst estimates of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The company’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities analysts forecast that Kilroy Realty Corporation will post 3.59 earnings per share for the current fiscal year.
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.
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