Public Employees Retirement System of Ohio Trims Stock Holdings in Kilroy Realty Corporation $KRC

Public Employees Retirement System of Ohio reduced its holdings in shares of Kilroy Realty Corporation (NYSE:KRC) by 9.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 172,074 shares of the real estate investment trust’s stock after selling 17,992 shares during the period. Public Employees Retirement System of Ohio owned about 0.15% of Kilroy Realty worth $4,854,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wiser Advisor Group LLC purchased a new stake in Kilroy Realty in the third quarter worth $32,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Kilroy Realty during the third quarter valued at $40,000. SJS Investment Consulting Inc. grew 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 purchasing an additional 963 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Kilroy Realty in the fourth quarter worth about $65,000. Finally, Horizon Investments LLC purchased a new position in Kilroy Realty in the 4th quarter worth about $65,000. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Stock Performance

Shares of KRC stock opened at $39.38 on Thursday. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 27.73 and a beta of 1.12. The company’s 50 day moving average is $37.63 and its 200 day moving average is $34.09. The company has a quick ratio of 2.09, a current ratio of 2.65 and a debt-to-equity ratio of 0.83. Kilroy Realty Corporation has a 52-week low of $27.36 and a 52-week high of $45.03.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The business had revenue of $272.37 million during 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%.The business’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period last year, the firm earned $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, sell-side analysts anticipate that Kilroy Realty Corporation will post 3.58 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were given a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Kilroy Realty’s payout ratio is presently 152.11%.

Insider Buying and Selling

In other Kilroy Realty news, Director Jolie A. Hunt sold 15,800 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the sale, the director directly owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. This represents a 53.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Justin William Smart sold 10,848 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the sale, the president owned 519,872 shares in the company, valued at $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 29,648 shares of company stock worth $1,120,958 in the last three months. 0.83% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on KRC shares. Mizuho boosted their price objective on shares of Kilroy Realty from $29.00 to $34.00 and gave the company an “underperform” rating in a research report on Tuesday, July 21st. UBS Group set a $44.00 price target on shares of Kilroy Realty in a research note on Tuesday, June 16th. Weiss Ratings upgraded Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. reduced their price objective on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Finally, Wells Fargo & Company lifted their target price on Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $38.73.

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.