Kilroy Realty Corporation $KRC Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Kilroy Realty Corporation (NYSE:KRC) by 5.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,828 shares of the real estate investment trust’s stock after purchasing an additional 3,755 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Kilroy Realty were worth $2,636,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Metis Global Partners LLC raised its holdings in Kilroy Realty by 30.7% in the second quarter. Metis Global Partners LLC now owns 17,601 shares of the real estate investment trust’s stock valued at $604,000 after buying an additional 4,130 shares during the period. Penserra Capital Management LLC grew its stake in Kilroy Realty by 19.0% during the second quarter. Penserra Capital Management LLC now owns 41,002 shares of the real estate investment trust’s stock worth $1,406,000 after buying an additional 6,551 shares during the period. Malaga Cove Capital LLC increased its position in shares of Kilroy Realty by 59.6% in the second quarter. Malaga Cove Capital LLC now owns 12,045 shares of the real estate investment trust’s stock worth $413,000 after acquiring an additional 4,496 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Kilroy Realty by 84.0% in the 2nd quarter. Bank of Montreal Can now owns 34,012 shares of the real estate investment trust’s stock valued at $1,167,000 after acquiring an additional 15,523 shares during the period. Finally, Simon Quick Advisors LLC purchased a new position in shares of Kilroy Realty in the 2nd quarter valued at $641,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Down 1.5%

NYSE:KRC opened at $41.63 on Friday. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 15.36 and a beta of 1.22. Kilroy Realty Corporation has a one year low of $27.07 and a one year high of $45.03. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.35 and a current ratio of 2.56. The business’s 50-day simple moving average is $42.15 and its 200 day simple moving average is $37.90.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.09. Kilroy Realty had a return on equity of 5.75% and a net margin of 28.68%.The company had revenue of $279.74 million for the quarter, compared to the consensus estimate of $271.24 million. During the same period in the previous year, the business earned $1.17 EPS. Kilroy Realty’s revenue for the quarter was down 3.5% compared to the same quarter last year. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. As a group, sell-side analysts predict that Kilroy Realty Corporation will post 4 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 30th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Tuesday, September 30th. Kilroy Realty’s payout ratio is 79.70%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Barclays reaffirmed an “equal weight” rating and set a $43.00 price target on shares of Kilroy Realty in a research report on Thursday, September 4th. Wells Fargo & Company upped their target price on Kilroy Realty from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 27th. Jefferies Financial Group upgraded Kilroy Realty from a “hold” rating to a “buy” rating and raised their target price for the company from $33.00 to $45.00 in a report on Monday, October 13th. Royal Bank Of Canada boosted their price target on Kilroy Realty from $39.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $33.00 price objective on shares of Kilroy Realty in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $41.17.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.