Deutsche Bank AG purchased a new stake in Kilroy Realty Corporation (NYSE:KRC – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 63,878 shares of the real estate investment trust’s stock, valued at approximately $2,394,000.
Several other large investors have also recently bought and sold shares of KRC. Quadrant Capital Group LLC grew its position in shares of Kilroy Realty by 2.8% in the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock valued at $460,000 after purchasing an additional 295 shares during the last quarter. Parallel Advisors LLC boosted its stake in Kilroy Realty by 9.6% in the 4th quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 320 shares during the period. NorthRock Partners LLC grew its holdings in Kilroy Realty by 4.0% in the 3rd quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust’s stock valued at $503,000 after buying an additional 460 shares in the last quarter. State of Michigan Retirement System grew its holdings in Kilroy Realty by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 26,265 shares of the real estate investment trust’s stock valued at $741,000 after buying an additional 500 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Kilroy Realty by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,888 shares of the real estate investment trust’s stock valued at $65,000 after buying an additional 502 shares in the last quarter. 94.22% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the transaction, the president owned 519,872 shares of the company’s stock, valued at approximately $20,124,245.12. The trade was a 2.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.83% of the stock is currently owned by insiders.
Kilroy Realty Trading Down 0.3%
Kilroy Realty (NYSE:KRC – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 EPS 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 analyst estimates of $267.39 million. During the same quarter in the prior year, the firm earned $1.13 earnings per share. The firm’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. On average, analysts forecast that Kilroy Realty Corporation will post 3.59 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
KRC has been the topic of several research reports. BMO Capital Markets upped their price target on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research note on Monday, June 15th. Barclays lifted their price objective on shares of Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. Scotiabank raised their target price on shares of Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company lifted their price target on shares of 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 equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $39.13.
View Our Latest Analysis on Kilroy Realty
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.
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