Sei Investments Co. Lowers Stock Position in Kilroy Realty Corporation $KRC

Sei Investments Co. lessened its stake in Kilroy Realty Corporation (NYSE:KRC) by 47.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 239,455 shares of the real estate investment trust’s stock after selling 211,991 shares during the quarter. Sei Investments Co.’s holdings in Kilroy Realty were worth $6,755,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in KRC. Norges Bank bought a new stake in shares of Kilroy Realty during the 4th quarter worth $340,131,000. M&T Bank Corp raised 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 valued at $103,014,000 after purchasing an additional 2,748,704 shares in the last quarter. Morgan Stanley raised its holdings in shares of Kilroy Realty by 231.5% during the 4th quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock valued at $98,805,000 after buying an additional 1,846,325 shares in the last quarter. Wellington Management Group LLP purchased a new position in shares of Kilroy Realty during the third quarter worth approximately $58,948,000. Finally, Situational Awareness LP purchased a new position in Kilroy Realty in the 4th quarter worth $49,616,000. Institutional investors own 94.22% of the company’s stock.

Kilroy Realty Stock Performance

Kilroy Realty stock opened at $39.03 on Tuesday. The stock’s 50 day simple moving average is $37.94 and its two-hundred day simple moving average is $34.09. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65. The stock has a market cap of $4.54 billion, a price-to-earnings ratio of 27.49 and a beta of 1.12. Kilroy Realty Corporation has a fifty-two week low of $27.36 and a fifty-two week high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The firm had revenue of $272.37 million for the quarter, compared to analysts’ expectations of $267.39 million. During the same quarter last year, the company posted $1.13 EPS. The firm’s revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, analysts expect that Kilroy Realty Corporation will post 3.58 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

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

Analyst Ratings Changes

Several analysts have weighed in on KRC shares. The Goldman Sachs Group boosted their price objective on Kilroy Realty from $28.00 to $31.00 and gave the company a “sell” rating in a research report on Wednesday, July 29th. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a research note on Monday, June 8th. Wells Fargo & Company upped their target price on Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. BMO Capital Markets lifted their price target on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Finally, Bank of America upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their price target for the company from $42.00 to $44.00 in a report on Tuesday, June 16th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Kilroy Realty has an average rating of “Hold” and an average target price of $39.13.

Insider Buying and Selling

In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the transaction, the insider owned 15,456 shares in the company, valued at approximately $535,550.40. This represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jolie A. Hunt sold 15,800 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director owned 13,892 shares of the company’s stock, valued at approximately $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,648 shares of company stock valued at $1,120,958 over the last ninety days. Company insiders own 0.83% of the company’s stock.

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.