Inspire Advisors LLC Makes New Investment in Kilroy Realty Corporation $KRC

Inspire Advisors LLC purchased a new stake in shares of Kilroy Realty Corporation (NYSE:KRC) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 6,302 shares of the real estate investment trust’s stock, valued at approximately $216,000.

A number of other hedge funds also recently modified their holdings of KRC. Nomura Asset Management Co. Ltd. increased its holdings in Kilroy Realty by 0.6% in the second quarter. Nomura Asset Management Co. Ltd. now owns 151,960 shares of the real estate investment trust’s stock valued at $5,214,000 after purchasing an additional 900 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Kilroy Realty by 104.1% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 711,977 shares of the real estate investment trust’s stock valued at $24,428,000 after buying an additional 363,058 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Kilroy Realty by 1.6% in the second quarter. Intech Investment Management LLC now owns 35,305 shares of the real estate investment trust’s stock valued at $1,211,000 after buying an additional 566 shares during the period. SG Americas Securities LLC raised its position in shares of Kilroy Realty by 21.2% during the second quarter. SG Americas Securities LLC now owns 83,628 shares of the real estate investment trust’s stock worth $2,869,000 after acquiring an additional 14,655 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Kilroy Realty by 3.0% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 65,428 shares of the real estate investment trust’s stock worth $2,245,000 after acquiring an additional 1,935 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on KRC. Barclays reissued an “equal weight” rating and set a $43.00 target price on shares of Kilroy Realty in a research report on Thursday, September 4th. Evercore ISI decreased their price objective on shares of Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. The Goldman Sachs Group reissued a “sell” rating and set a $33.00 target price on shares of Kilroy Realty in a research note on Thursday, August 21st. Scotiabank raised shares of Kilroy Realty from a “sector underperform” rating to a “sector perform” rating and upped their price target for the company from $40.00 to $47.00 in a research report on Wednesday, September 17th. Finally, Royal Bank Of Canada increased their price target on Kilroy Realty from $39.00 to $40.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $41.92.

Kilroy Realty Trading Down 2.7%

NYSE:KRC opened at $40.41 on Friday. Kilroy Realty Corporation has a 12 month low of $27.07 and a 12 month high of $45.03. The company has a current ratio of 2.56, a quick ratio of 2.35 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 14.91 and a beta of 1.22. The firm has a fifty day simple moving average of $41.99 and a two-hundred day simple moving average of $38.21.

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

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 31st will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Wednesday, December 31st. Kilroy Realty’s dividend payout ratio (DPR) is 79.70%.

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.