Robeco Institutional Asset Management B.V. Lowers Stake in Kilroy Realty Corporation $KRC

Robeco Institutional Asset Management B.V. lessened its holdings in Kilroy Realty Corporation (NYSE:KRC) by 17.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 143,195 shares of the real estate investment trust’s stock after selling 30,000 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Kilroy Realty were worth $6,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Norges Bank purchased a new position in shares of Kilroy Realty during the second quarter valued at approximately $310,746,000. State Street Corp increased its position in Kilroy Realty by 1.2% during the 2nd quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after buying an additional 67,546 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in Kilroy Realty by 168.6% during the second quarter. Daiwa Securities Group Inc. now owns 3,562,992 shares of the real estate investment trust’s stock valued at $122,246,000 after buying an additional 2,236,539 shares during the last quarter. PGGM Investments raised its stake in Kilroy Realty by 8.2% during the second quarter. PGGM Investments now owns 3,100,393 shares of the real estate investment trust’s stock valued at $106,374,000 after buying an additional 234,624 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Kilroy Realty by 0.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,225,306 shares of the real estate investment trust’s stock worth $76,350,000 after acquiring an additional 8,515 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

Wall Street Analyst Weigh In

KRC has been the subject of several analyst reports. Wells Fargo & Company raised their price target on Kilroy Realty from $40.00 to $41.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. New Street Research set a $45.00 price objective on shares of Kilroy Realty in a research note on Monday, October 13th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $44.00 target price (down previously from $46.00) on shares of Kilroy Realty in a research note on Friday, October 17th. KeyCorp reiterated a “sector weight” rating on shares of Kilroy Realty in a report on Thursday, December 4th. Finally, Mizuho raised their price target on shares of Kilroy Realty from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. One analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.54.

Kilroy Realty Stock Down 0.0%

Shares of Kilroy Realty stock opened at $39.81 on Friday. Kilroy Realty Corporation has a twelve month low of $27.07 and a twelve month high of $45.03. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average is $40.46 and its 200 day moving average is $39.88. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 14.69 and a beta of 1.10.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The business had revenue of $279.74 million during the quarter, compared to the consensus estimate of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. The firm’s revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.17 EPS. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. Research analysts anticipate that Kilroy Realty Corporation will post 4 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 31st were issued a $0.54 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.16 dividend on an annualized basis and a yield of 5.4%. Kilroy Realty’s dividend payout ratio is currently 79.70%.

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.