Kilroy Realty Corporation $KRC Shares Sold by Signaturefd LLC

Signaturefd LLC lowered its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 24.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,274 shares of the real estate investment trust’s stock after selling 2,027 shares during the quarter. Signaturefd LLC’s holdings in Kilroy Realty were worth $215,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its stake in shares of Kilroy Realty by 23.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,205 shares of the real estate investment trust’s stock valued at $203,000 after acquiring an additional 1,168 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in shares of Kilroy Realty by 1.7% during the 1st quarter. Asset Management One Co. Ltd. now owns 157,796 shares of the real estate investment trust’s stock valued at $5,169,000 after acquiring an additional 2,586 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Kilroy Realty by 70.4% during the 1st quarter. Fifth Third Bancorp now owns 4,298 shares of the real estate investment trust’s stock valued at $141,000 after acquiring an additional 1,775 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Kilroy Realty during the 1st quarter valued at about $251,000. Finally, Amundi increased its stake in shares of Kilroy Realty by 6.1% during the 1st quarter. Amundi now owns 67,569 shares of the real estate investment trust’s stock valued at $2,065,000 after acquiring an additional 3,897 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Stock Down 0.1%

NYSE KRC opened at $42.11 on Friday. The stock has a market cap of $4.98 billion, a PE ratio of 22.88 and a beta of 1.24. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.82. The business has a 50 day moving average price of $40.64 and a two-hundred day moving average price of $35.92. Kilroy Realty Corporation has a fifty-two week low of $27.07 and a fifty-two week high of $45.03.

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

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Tuesday, September 30th. Kilroy Realty’s dividend payout ratio is 117.39%.

Analyst Ratings Changes

KRC has been the subject of a number of research analyst reports. BMO Capital Markets downgraded shares of Kilroy Realty from a “market perform” rating to an “underperform” rating and set a $35.00 price objective for the company. in a research note on Wednesday, July 16th. Barclays reiterated an “equal weight” rating and set a $43.00 target price on shares of Kilroy Realty in a report on Thursday, September 4th. Evercore ISI boosted their target price on Kilroy Realty from $42.00 to $46.00 and gave the stock an “in-line” rating in a report on Monday, September 8th. Scotiabank upgraded Kilroy Realty from a “sector underperform” rating to a “sector perform” rating and boosted their target price for the stock from $40.00 to $47.00 in a report on Wednesday, September 17th. Finally, Mizuho decreased their target price on Kilroy Realty from $43.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, July 14th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $39.45.

Insider Activity at Kilroy Realty

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

About Kilroy Realty

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.