Arrowstreet Capital Limited Partnership Takes Position in Kilroy Realty Corporation $KRC

Arrowstreet Capital Limited Partnership bought a new position in Kilroy Realty Corporation (NYSE:KRC) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 459,624 shares of the real estate investment trust’s stock, valued at approximately $12,966,000.

Several other large investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its position in shares of Kilroy Realty by 2.8% during the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock worth $460,000 after acquiring an additional 295 shares during the last quarter. Parallel Advisors LLC increased its holdings in Kilroy Realty by 9.6% during the 4th quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 320 shares in the last quarter. Whittier Trust Co. raised its holdings in shares of Kilroy Realty by 4.1% in the fourth quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock valued at $377,000 after purchasing an additional 375 shares during the last quarter. NorthRock Partners LLC increased its position in shares of Kilroy Realty by 4.0% in the third quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust’s stock valued at $503,000 after acquiring an additional 460 shares during the last quarter. Finally, State of Michigan Retirement System raised its position in Kilroy Realty by 1.9% during the first quarter. State of Michigan Retirement System now owns 26,265 shares of the real estate investment trust’s stock worth $741,000 after acquiring an additional 500 shares in the last quarter. 94.22% of the stock is owned by institutional investors.

Insider Activity at Kilroy Realty

In related news, Director Jolie A. Hunt sold 15,800 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the sale, the director owned 13,892 shares of the company’s stock, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. 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 dated 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 sale, the insider owned 15,456 shares in the company, valued at approximately $535,550.40. This trade represents a 16.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 29,648 shares of company stock valued at $1,120,958 in the last three months. Company insiders own 0.83% of the company’s stock.

Kilroy Realty Stock Performance

Shares of KRC opened at $38.82 on Friday. The firm has a market capitalization of $4.51 billion, a PE ratio of 27.34 and a beta of 1.12. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.09. The company has a 50-day simple moving average of $37.83 and a two-hundred day simple moving average of $34.12. Kilroy Realty Corporation has a one year low of $27.36 and a one year high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data 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 firm had revenue of $272.37 million during the quarter, compared to the consensus estimate of $267.39 million. During the same quarter last year, the company posted $1.13 EPS. Kilroy Realty’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. On average, analysts anticipate that Kilroy Realty Corporation will post 3.58 EPS for the current fiscal year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Tuesday, June 30th were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is 152.11%.

Wall Street Analyst Weigh In

A number of brokerages have commented on KRC. Scotiabank upped their price objective on Kilroy Realty from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Needham & Company LLC restated a “buy” rating on shares of Kilroy Realty in a research report on Monday, June 8th. Bank of America upgraded Kilroy Realty from a “neutral” rating to a “buy” rating and upped their target price for the company from $42.00 to $44.00 in a research report on Tuesday, June 16th. UBS Group set a $44.00 price target on shares of Kilroy Realty in a research report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $33.00 price target on shares of Kilroy Realty in a research report on Tuesday, May 12th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $39.13.

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.