Nissay Asset Management Corp Japan ADV Purchases 369 Shares of Kilroy Realty Corporation $KRC

Nissay Asset Management Corp Japan ADV lifted its position in Kilroy Realty Corporation (NYSE:KRC) by 2.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,632 shares of the real estate investment trust’s stock after purchasing an additional 369 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Kilroy Realty were worth $512,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in KRC. Rush Island Management LP bought a new stake in shares of Kilroy Realty in the fourth quarter worth about $109,502,000. Northern Trust Corp increased its holdings in shares of Kilroy Realty by 39.5% in the first quarter. Northern Trust Corp now owns 2,923,836 shares of the real estate investment trust’s stock worth $95,785,000 after purchasing an additional 827,365 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Kilroy Realty by 1,226.2% in the fourth quarter. Deutsche Bank AG now owns 815,491 shares of the real estate investment trust’s stock worth $32,987,000 after purchasing an additional 753,999 shares during the last quarter. Long Pond Capital LP bought a new stake in Kilroy Realty during the first quarter worth approximately $24,183,000. Finally, Resolution Capital Ltd increased its stake in Kilroy Realty by 12.6% during the fourth quarter. Resolution Capital Ltd now owns 4,487,655 shares of the real estate investment trust’s stock worth $181,526,000 after acquiring an additional 500,635 shares during the last quarter. 94.22% of the stock is owned by institutional investors.

Kilroy Realty Trading Down 1.6%

KRC opened at $42.02 on Wednesday. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 22.84 and a beta of 1.26. The stock’s 50 day moving average price is $38.30 and its 200-day moving average price is $34.81. Kilroy Realty Corporation has a one year low of $27.07 and a one year high of $43.78. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.35 and a current ratio of 2.35.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, July 28th. The real estate investment trust reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.12. The firm had revenue of $289.89 million for the quarter, compared to analysts’ expectations of $268.84 million. Kilroy Realty had a return on equity of 3.92% and a net margin of 19.29%.The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.10 earnings per share. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. On average, equities analysts forecast that Kilroy Realty Corporation will post 4 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on KRC. Zacks Research raised Kilroy Realty to a “hold” rating in a research note on Friday, August 8th. BMO Capital Markets cut Kilroy Realty from a “market perform” rating to an “underperform” rating and set a $35.00 price objective on the stock. in a research note on Wednesday, July 16th. Wells Fargo & Company boosted their price objective on Kilroy Realty from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 27th. Royal Bank Of Canada boosted their price objective on Kilroy Realty from $39.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 7th. Finally, Evercore ISI boosted their price objective on Kilroy Realty from $42.00 to $46.00 and gave the stock an “in-line” rating in a research note on Monday. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Kilroy Realty presently has an average rating of “Reduce” and an average target price of $38.82.

Insider Buying and Selling

In other news, CAO Merryl Elizabeth Werber sold 6,250 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total transaction of $239,250.00. Following the transaction, the chief accounting officer owned 26,435 shares of the company’s stock, valued at approximately $1,011,931.80. This represents a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Eliott Trencher sold 3,997 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $38.05, for a total value of $152,085.85. Following the transaction, the executive vice president directly owned 43,826 shares in the company, valued at approximately $1,667,579.30. This represents a 8.36% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.49% of the company’s stock.

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.