Universal Beteiligungs und Servicegesellschaft mbH Sells 104,353 Shares of Kilroy Realty Corporation $KRC

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in Kilroy Realty Corporation (NYSE:KRC) by 14.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 607,624 shares of the real estate investment trust’s stock after selling 104,353 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Kilroy Realty were worth $25,672,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in Kilroy Realty during the 2nd quarter valued at approximately $310,746,000. State Street Corp grew its holdings in Kilroy Realty by 1.2% during the 2nd quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after buying an additional 67,546 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Kilroy Realty by 168.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 3,562,992 shares of the real estate investment trust’s stock valued at $122,246,000 after buying an additional 2,236,539 shares in the last quarter. PGGM Investments raised its position in shares of Kilroy Realty by 8.2% during the second quarter. PGGM Investments now owns 3,100,393 shares of the real estate investment trust’s stock valued at $106,374,000 after buying an additional 234,624 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Kilroy Realty by 0.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,225,306 shares of the real estate investment trust’s stock worth $76,350,000 after buying an additional 8,515 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KRC shares. Evercore ISI cut their target price on shares of Kilroy Realty from $47.00 to $46.00 and set an “in-line” rating for the company in a research note on Friday, November 14th. Wells Fargo & Company raised their price objective on Kilroy Realty from $40.00 to $41.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Scotiabank decreased their target price on Kilroy Realty from $47.00 to $42.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $35.00 price target on shares of Kilroy Realty in a research note on Tuesday, January 6th. Finally, Mizuho lifted their price objective on Kilroy Realty from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $40.92.

Kilroy Realty Stock Down 2.6%

Shares of NYSE:KRC opened at $35.62 on Friday. The company has a market cap of $4.21 billion, a price-to-earnings ratio of 13.14 and a beta of 1.10. 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 2.56 and a debt-to-equity ratio of 0.81. The company has a 50-day moving average price of $39.58 and a 200 day moving average price of $40.06.

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

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 31st were given a $0.54 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 6.1%. Kilroy Realty’s dividend payout ratio (DPR) is currently 79.70%.

Kilroy Realty Profile

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.