76,538 Shares in Kilroy Realty Corporation $KRC Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new stake in Kilroy Realty Corporation (NYSE:KRC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 76,538 shares of the real estate investment trust’s stock, valued at approximately $2,868,000. The Manufacturers Life Insurance Company owned about 0.07% of Kilroy Realty at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Principal Financial Group Inc. raised its position in shares of Kilroy Realty by 23.5% during the 4th quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after acquiring an additional 994,299 shares in the last quarter. Nan Fung Trinity HK Ltd. boosted its holdings in Kilroy Realty by 172.4% in the fourth quarter. Nan Fung Trinity HK Ltd. now owns 210,800 shares of the real estate investment trust’s stock valued at $7,878,000 after purchasing an additional 133,400 shares in the last quarter. Situational Awareness LP acquired a new position in Kilroy Realty in the fourth quarter valued at approximately $49,616,000. Hsbc Holdings PLC increased its stake in Kilroy Realty by 29.1% in the first quarter. Hsbc Holdings PLC now owns 258,707 shares of the real estate investment trust’s stock valued at $7,303,000 after purchasing an additional 58,337 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Kilroy Realty by 118.1% in the first quarter. Bank of America Corp DE now owns 1,621,580 shares of the real estate investment trust’s stock valued at $45,745,000 after purchasing an additional 877,907 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Jolie A. Hunt sold 15,800 shares of the stock in a transaction 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 sale, the director directly owned 13,892 shares of the company’s stock, valued at $524,978.68. This trade represents a 53.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Justin William Smart sold 10,848 shares of Kilroy Realty stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the transaction, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. This trade represents a 2.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KRC. The Goldman Sachs Group boosted their price objective on shares of Kilroy Realty from $28.00 to $31.00 and gave the stock a “sell” rating in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $33.00 target price on shares of Kilroy Realty in a research report on Tuesday, May 12th. Scotiabank lifted their price target on shares of Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. reduced their price target on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. Finally, Citigroup upped their price objective on shares of Kilroy Realty from $34.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Five equities 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 stock. Based on data from MarketBeat.com, Kilroy Realty has a consensus rating of “Hold” and a consensus price target of $39.47.

Kilroy Realty Price Performance

Shares of KRC opened at $36.24 on Wednesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65. Kilroy Realty Corporation has a fifty-two week low of $27.36 and a fifty-two week high of $45.03. The firm has a 50-day simple moving average of $38.08 and a 200-day simple moving average of $34.32. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 25.52 and a beta of 1.11.

Kilroy Realty (NYSE:KRC) last issued 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). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The company had revenue of $272.37 million during the quarter, compared to analyst estimates of $267.39 million. During the same quarter last year, the firm earned $1.13 EPS. The business’s revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities research analysts anticipate that Kilroy Realty Corporation will post 3.59 earnings per share for the current 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.