Public Employees Retirement System of Ohio bought a new stake in Kilroy Realty Corporation (NYSE:KRC – Free Report) during the 2nd quarter, Holdings Channel reports. The firm bought 167,788 shares of the real estate investment trust’s stock, valued at approximately $6,287,000.
Other hedge funds have also added to or reduced their stakes in the company. Wiser Advisor Group LLC bought a new stake in Kilroy Realty in the 3rd quarter valued at $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Kilroy Realty during the third quarter worth $40,000. SJS Investment Consulting Inc. lifted its holdings in shares of Kilroy Realty by 128.1% during the first quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 963 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Kilroy Realty by 205.4% in the second quarter. Elevation Wealth Partners LLC now owns 1,463 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 984 shares during the period. Finally, Horizon Investments LLC acquired a new position in shares of Kilroy Realty in the fourth quarter valued at about $65,000. 94.22% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
KRC has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $33.00 target price on shares of Kilroy Realty in a research report on Tuesday, May 12th. Wall Street Zen raised shares of Kilroy Realty from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Wells Fargo & Company lifted their price target on shares of Kilroy Realty from $33.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday. Finally, Weiss Ratings raised Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 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 stock. According to MarketBeat.com, Kilroy Realty currently has an average rating of “Hold” and an average target price of $39.47.
Kilroy Realty Trading Down 0.2%
Shares of Kilroy Realty stock opened at $36.24 on Wednesday. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.83. 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 price-to-earnings ratio of 25.52 and a beta of 1.11. The firm’s 50-day moving average price is $38.08 and its two-hundred day moving average price is $34.32.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued 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). The business had revenue of $272.37 million during the quarter, compared to analyst estimates of $267.39 million. Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The company’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.13 EPS. 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.
Insider Transactions at Kilroy Realty
In other Kilroy Realty news, President Justin William Smart sold 10,848 shares of Kilroy Realty stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total transaction of $419,926.08. Following the transaction, the president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jolie A. Hunt sold 15,800 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director owned 13,892 shares in the company, valued at $524,978.68. The trade was 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 corporate insiders.
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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