Legal & General Group Plc Makes New Investment in Kilroy Realty Corporation $KRC

Legal & General Group Plc bought a new stake in shares of Kilroy Realty Corporation (NYSE:KRC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 697,337 shares of the real estate investment trust’s stock, valued at approximately $26,129,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company acquired a new position in Kilroy Realty during the 2nd quarter worth $2,868,000. Infrastructure Capital Advisors LLC acquired a new stake in shares of Kilroy Realty in the second quarter valued at about $1,269,000. Sanctuary Advisors LLC bought a new position in shares of Kilroy Realty in the second quarter worth about $444,000. Commerce Bank bought a new position in shares of Kilroy Realty in the second quarter worth about $475,000. Finally, Westpac Banking Corp acquired a new position in shares of Kilroy Realty during the 2nd quarter worth about $1,180,000. Institutional investors and hedge funds own 94.22% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on KRC. JPMorgan Chase & Co. decreased their target price on Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Evercore upgraded Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 price target for the company in a report on Monday, June 8th. Barclays increased their price objective on Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 1st. Finally, Scotiabank boosted their target price on shares of Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 21st. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $39.13.

Kilroy Realty Price Performance

Shares of KRC stock opened at $36.24 on Friday. Kilroy Realty Corporation has a 12 month low of $27.36 and a 12 month high of $45.03. The company has a market capitalization of $4.22 billion, a P/E ratio of 25.52 and a beta of 1.11. The stock has a 50 day moving average of $38.11 and a two-hundred day moving average of $34.28. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.83.

Kilroy Realty (NYSE:KRC) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The firm had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.13 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, equities analysts expect that Kilroy Realty Corporation will post 3.59 EPS for the current year.

Insiders Place Their Bets

In other news, President Justin William Smart sold 10,848 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the transaction, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. This represents a 2.04% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty 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 sale, the director owned 13,892 shares in the company, valued at approximately $524,978.68. This trade represents a 53.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.83% of the stock is owned by insiders.

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.