Kilroy Realty Corporation $KRC Shares Bought by Strs Ohio

Strs Ohio lifted its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 20.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 142,805 shares of the real estate investment trust’s stock after acquiring an additional 24,496 shares during the quarter. Strs Ohio’s holdings in Kilroy Realty were worth $4,029,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of KRC. Wiser Advisor Group LLC acquired a new position in shares of Kilroy Realty in the 3rd quarter valued at $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in Kilroy Realty during the 3rd quarter worth about $40,000. SJS Investment Consulting Inc. lifted its stake in Kilroy Realty by 128.1% during the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 963 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in Kilroy Realty during the fourth quarter valued at about $65,000. Finally, Horizon Investments LLC acquired a new position in shares of Kilroy Realty in the fourth quarter worth about $65,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Down 0.3%

Shares of KRC traded down $0.10 during trading hours on Tuesday, reaching $39.24. The company’s stock had a trading volume of 26,972 shares, compared to its average volume of 1,991,070. The company has a 50 day moving average of $35.87 and a two-hundred day moving average of $33.99. 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 has a market cap of $4.56 billion, a price-to-earnings ratio of 21.53 and a beta of 1.12. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.30). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company had revenue of $270.05 million for the quarter, compared to analyst estimates of $263.08 million. During the same quarter in the prior year, the business posted $1.02 earnings per share. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, research analysts predict that Kilroy Realty Corporation will post 3.59 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th will be given a $0.54 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.5%. Kilroy Realty’s dividend payout ratio is presently 118.68%.

Insider Buying and Selling at Kilroy Realty

In other news, 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 in the company, valued at $524,978.68. The trade was a 53.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Lauren N. Stadler sold 3,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total transaction of $103,950.00. Following the completion of the transaction, the insider directly owned 15,456 shares in the company, valued at $535,550.40. This trade represents a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 29,648 shares of company stock valued at $1,120,958 in the last quarter. Company insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

KRC has been the topic of several analyst reports. Scotiabank lifted their target price on shares of Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. BMO Capital Markets raised 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. Bank of America upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $42.00 to $44.00 in a research report on Tuesday, June 16th. Wells Fargo & Company boosted their target price on shares of Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, UBS Group set a $44.00 target price on Kilroy Realty in a report on Tuesday, June 16th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $37.87.

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.