Bamco Inc. NY acquired a new position in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 68,969 shares of the real estate investment trust’s stock, valued at approximately $2,914,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in KRC. Caprock Group LLC purchased a new stake in shares of Kilroy Realty during the third quarter worth about $1,741,000. Nan Fung Trinity HK Ltd. acquired a new position in shares of Kilroy Realty during the 3rd quarter worth about $3,270,000. Allianz Asset Management GmbH lifted its stake in Kilroy Realty by 134.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust’s stock valued at $5,991,000 after buying an additional 81,292 shares in the last quarter. Federated Hermes Inc. boosted its holdings in Kilroy Realty by 6.4% in the 3rd quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust’s stock worth $63,163,000 after buying an additional 89,307 shares during the last quarter. Finally, Aaron Wealth Advisors LLC boosted its holdings in Kilroy Realty by 521.6% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 41,581 shares of the real estate investment trust’s stock worth $1,757,000 after buying an additional 34,892 shares during the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on KRC shares. Royal Bank Of Canada reduced their target price on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Wells Fargo & Company raised Kilroy Realty from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. BMO Capital Markets reiterated a “market perform” rating on shares of Kilroy Realty in a research report on Wednesday, January 7th. Mizuho set a $29.00 price objective on Kilroy Realty and gave the company an “underperform” rating in a research note on Tuesday, February 24th. Finally, Scotiabank decreased their price objective on Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Kilroy Realty currently has an average rating of “Hold” and a consensus target price of $38.93.
Kilroy Realty Stock Up 0.6%
KRC stock opened at $28.67 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average of $33.62 and a two-hundred day moving average of $38.58. Kilroy Realty Corporation has a 12 month low of $27.07 and a 12 month high of $45.03. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 12.41 and a beta of 1.10.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued its earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.88). The company had revenue of $272.19 million for the quarter, compared to analyst estimates of $270.21 million. Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The company’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.20 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. As a group, analysts forecast that Kilroy Realty Corporation will post 4 earnings per share for the current fiscal year.
Kilroy Realty Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.16 dividend on an annualized basis and a yield of 7.5%. Kilroy Realty’s payout ratio is 93.51%.
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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