Route One Investment Company L.P. Acquires Shares of 4,248,213 Kilroy Realty Corporation $KRC

Route One Investment Company L.P. bought a new stake in Kilroy Realty Corporation (NYSE:KRC) during the 2nd quarter, HoldingsChannel reports. The fund bought 4,248,213 shares of the real estate investment trust’s stock, valued at approximately $159,181,000. Kilroy Realty comprises 6.4% of Route One Investment Company L.P.’s investment portfolio, making the stock its 8th largest holding.

Several other institutional investors have also recently made changes to their positions in KRC. Wiser Advisor Group LLC bought a new stake in Kilroy Realty in the third quarter worth about $32,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Kilroy Realty during the third quarter valued at approximately $40,000. Elevation Wealth Partners LLC grew its stake in shares of Kilroy Realty by 205.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 984 shares during the last quarter. SJS Investment Consulting Inc. raised its holdings in shares of Kilroy Realty by 128.1% in the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 963 shares during the period. Finally, Horizon Investments LLC purchased a new stake in shares of Kilroy Realty in the fourth quarter worth approximately $65,000. Institutional investors own 94.22% of the company’s stock.

Insider Transactions at Kilroy Realty

In related news, President Justin William Smart sold 10,848 shares of Kilroy Realty stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the transaction, the president directly owned 519,872 shares of the company’s stock, valued at $20,124,245.12. This trade represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jolie A. Hunt sold 15,800 shares of the company’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the sale, the director owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. This represents a 53.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.83% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on KRC shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. Wells Fargo & Company lifted their target price on Kilroy Realty from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Citigroup boosted their target price on shares of Kilroy Realty from $34.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Finally, Bank of America raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and raised their price target for the stock from $42.00 to $44.00 in a research note on Tuesday, June 16th. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $39.13.

Kilroy Realty Trading Up 0.9%

KRC opened at $37.20 on Wednesday. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.83. The stock’s fifty day moving average is $38.11 and its two-hundred day moving average is $34.23. The company has a market capitalization of $4.33 billion, a P/E ratio of 26.20 and a beta of 1.11. Kilroy Realty Corporation has a 52 week low of $27.36 and a 52 week high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The firm had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.Kilroy Realty’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Analysts forecast that Kilroy Realty Corporation will post 3.59 earnings per share for the current year.

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.