Kilroy Realty Corporation $KRC Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 104.1% during the second quarter, HoldingsChannel reports. The firm owned 711,977 shares of the real estate investment trust’s stock after buying an additional 363,058 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Kilroy Realty were worth $24,428,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. American National Bank & Trust acquired a new position in Kilroy Realty during the 2nd quarter worth approximately $25,000. Quaker Wealth Management LLC lifted its position in shares of Kilroy Realty by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 755 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 1,510 shares in the last quarter. Harbor Asset Planning Inc. purchased a new position in shares of Kilroy Realty in the second quarter valued at $34,000. UMB Bank n.a. boosted its stake in shares of Kilroy Realty by 46.0% in the second quarter. UMB Bank n.a. now owns 1,694 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 534 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in Kilroy Realty by 20,078.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,825 shares of the real estate investment trust’s stock valued at $97,000 after purchasing an additional 2,811 shares in the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. BMO Capital Markets upgraded shares of Kilroy Realty from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $40.00 to $44.00 in a report on Tuesday. Scotiabank upgraded Kilroy Realty from a “sector underperform” rating to a “sector perform” rating and boosted their price target for the stock from $40.00 to $47.00 in a research note on Wednesday, September 17th. Royal Bank Of Canada increased their price target on Kilroy Realty from $39.00 to $40.00 and gave the company a “sector perform” rating in a report on Thursday, August 7th. Wells Fargo & Company lifted their price objective on Kilroy Realty from $33.00 to $40.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 27th. Finally, Zacks Research upgraded Kilroy Realty to a “hold” rating in a research note on Friday, August 8th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $41.92.

Kilroy Realty Trading Down 1.1%

NYSE:KRC opened at $40.39 on Tuesday. The company has a market cap of $4.78 billion, a PE ratio of 14.91 and a beta of 1.22. The business’s 50 day moving average is $42.07 and its two-hundred day moving average is $38.10. The company has a quick ratio of 2.35, a current ratio of 2.56 and a debt-to-equity ratio of 0.81. Kilroy Realty Corporation has a 52 week low of $27.07 and a 52 week high of $45.03.

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

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 30th were issued a $0.54 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.16 annualized dividend and a dividend yield of 5.3%. Kilroy Realty’s payout ratio is 79.70%.

Kilroy Realty 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.