Wellington Management Group LLP Lowers Position in Kilroy Realty Corporation $KRC

Wellington Management Group LLP cut its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 55.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,842 shares of the real estate investment trust’s stock after selling 285,524 shares during the period. Wellington Management Group LLP’s holdings in Kilroy Realty were worth $8,612,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of KRC. Royal Bank of Canada lifted its position in shares of Kilroy Realty by 15.7% during the first quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock valued at $1,947,000 after purchasing an additional 8,078 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Kilroy Realty by 40.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock worth $2,037,000 after purchasing an additional 17,848 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Kilroy Realty by 6.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock worth $28,208,000 after purchasing an additional 52,333 shares in the last quarter. United Services Automobile Association purchased a new stake in Kilroy Realty in the 1st quarter valued at about $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Kilroy Realty by 0.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock worth $5,007,000 after buying an additional 1,320 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Kilroy Realty Trading Down 2.5%

NYSE:KRC opened at $36.21 on Wednesday. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $4.21 billion, a PE ratio of 25.50 and a beta of 1.11. The firm’s 50 day moving average is $37.99 and its 200 day moving average is $34.51. Kilroy Realty Corporation has a 12 month low of $27.36 and a 12 month high of $45.03.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share 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 firm had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. During the same period last year, the company posted $1.13 earnings per share. Kilroy Realty’s revenue for the quarter was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Sell-side analysts expect that Kilroy Realty Corporation will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KRC. Citigroup boosted their target price on Kilroy Realty from $34.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Wells Fargo & Company lifted their price target on Kilroy Realty from $33.00 to $38.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a research report on Tuesday, May 12th. JPMorgan Chase & Co. reduced their price objective on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $39.47.

Insider Buying and Selling at Kilroy Realty

In related news, Director Jolie Hunt sold 15,800 shares of Kilroy Realty stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. This trade represents a 53.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.83% of the company’s stock.

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.