Intech Investment Management LLC lessened its holdings in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) by 33.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 32,427 shares of the real estate investment trust’s stock after selling 16,598 shares during the quarter. Intech Investment Management LLC’s holdings in Kilroy Realty were worth $1,212,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the business. State Street Corp increased its position in Kilroy Realty by 1.2% during the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock worth $203,514,000 after buying an additional 67,546 shares during the last quarter. Principal Financial Group Inc. increased its position in Kilroy Realty by 23.5% during the fourth quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after buying an additional 994,299 shares during the last quarter. Daiwa Securities Group Inc. increased its position in Kilroy Realty by 0.4% during the third quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock worth $151,178,000 after buying an additional 15,193 shares during the last quarter. Northern Trust Corp increased its position in Kilroy Realty by 3.8% during the third quarter. Northern Trust Corp now owns 3,149,816 shares of the real estate investment trust’s stock worth $133,080,000 after buying an additional 115,047 shares during the last quarter. Finally, M&T Bank Corp increased its position in Kilroy Realty by 34,820.2% during the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock worth $103,014,000 after buying an additional 2,748,704 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.
Kilroy Realty Trading Up 0.1%
Shares of NYSE:KRC opened at $36.95 on Friday. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84. Kilroy Realty Corporation has a 12-month low of $27.36 and a 12-month high of $45.03. The business has a 50 day moving average of $32.26 and a 200-day moving average of $34.53. The stock has a market cap of $4.30 billion, a PE ratio of 20.30 and a beta of 1.14.
Kilroy Realty Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Tuesday, June 30th. Kilroy Realty’s payout ratio is presently 118.68%.
Insider Buying and Selling at Kilroy Realty
In other news, insider Lauren N. Stadler sold 3,000 shares of Kilroy Realty stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the sale, the insider directly owned 15,456 shares in the company, valued at approximately $535,550.40. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.83% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on KRC. Royal Bank Of Canada lowered their price target on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Scotiabank boosted their price target on Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Wall Street Zen cut Kilroy Realty from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Barclays reduced their price objective on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Finally, JPMorgan Chase & Co. reduced their price objective on Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $37.08.
View Our Latest Stock Report on KRC
Kilroy Realty Company 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.
Featured Articles
- Five stocks we like better than Kilroy Realty
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding KRC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kilroy Realty Corporation (NYSE:KRC – Free Report).
Receive News & Ratings for Kilroy Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kilroy Realty and related companies with MarketBeat.com's FREE daily email newsletter.
