Kilroy Realty Corporation $KRC Shares Bought by Amundi

Amundi raised its position in shares of Kilroy Realty Corporation (NYSE:KRC) by 6.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,569 shares of the real estate investment trust’s stock after acquiring an additional 3,897 shares during the quarter. Amundi owned approximately 0.06% of Kilroy Realty worth $2,065,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in KRC. Rush Island Management LP acquired a new position in shares of Kilroy Realty during the fourth quarter valued at approximately $109,502,000. Northern Trust Corp raised its holdings in shares of Kilroy Realty by 39.5% during the first quarter. Northern Trust Corp now owns 2,923,836 shares of the real estate investment trust’s stock valued at $95,785,000 after acquiring an additional 827,365 shares during the last quarter. Long Pond Capital LP acquired a new position in shares of Kilroy Realty during the first quarter valued at approximately $24,183,000. Resolution Capital Ltd raised its holdings in shares of Kilroy Realty by 12.6% during the fourth quarter. Resolution Capital Ltd now owns 4,487,655 shares of the real estate investment trust’s stock valued at $181,526,000 after acquiring an additional 500,635 shares during the last quarter. Finally, Millennium Management LLC raised its position in shares of Kilroy Realty by 84.7% in the fourth quarter. Millennium Management LLC now owns 952,421 shares of the real estate investment trust’s stock valued at $38,525,000 after buying an additional 436,866 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Trading Up 2.2%

Shares of Kilroy Realty stock opened at $43.02 on Friday. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 23.38 and a beta of 1.26. Kilroy Realty Corporation has a fifty-two week low of $27.07 and a fifty-two week high of $43.78. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.35 and a current ratio of 2.35. The stock has a 50 day moving average of $38.60 and a 200 day moving average of $34.93.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.12. The company had revenue of $289.89 million during the quarter, compared to analyst estimates of $268.84 million. Kilroy Realty had a return on equity of 3.92% and a net margin of 19.29%.The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 earnings per share. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. As a group, research analysts predict that Kilroy Realty Corporation will post 4 earnings per share for the current year.

Analysts Set New Price Targets

KRC has been the subject of a number of recent research reports. BMO Capital Markets cut shares of Kilroy Realty from a “market perform” rating to an “underperform” rating and set a $35.00 target price for the company. in a research report on Wednesday, July 16th. Scotiabank increased their target price on shares of Kilroy Realty from $37.00 to $40.00 and gave the company a “sector underperform” rating in a research report on Thursday, August 28th. Barclays reiterated an “equal weight” rating and issued a $43.00 target price on shares of Kilroy Realty in a research report on Thursday, September 4th. Royal Bank Of Canada increased their target price on shares of Kilroy Realty from $39.00 to $40.00 and gave the company a “sector perform” rating in a research report on Thursday, August 7th. Finally, Wells Fargo & Company increased their target price on shares of Kilroy Realty from $33.00 to $40.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 27th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $38.82.

Insider Activity at Kilroy Realty

In related news, CAO Merryl Elizabeth Werber sold 6,250 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total value of $239,250.00. Following the completion of the transaction, the chief accounting officer directly owned 26,435 shares in the company, valued at approximately $1,011,931.80. This represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Eliott Trencher sold 3,997 shares of the stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $38.05, for a total transaction of $152,085.85. Following the transaction, the executive vice president directly owned 43,826 shares of the company’s stock, valued at approximately $1,667,579.30. This trade represents a 8.36% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.57% of the company’s stock.

Kilroy Realty Company Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.