Bayforest Capital Ltd Raises Holdings in Kilroy Realty Corporation $KRC

Bayforest Capital Ltd increased its stake in shares of Kilroy Realty Corporation (NYSE:KRCFree Report) by 512.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,094 shares of the real estate investment trust’s stock after purchasing an additional 19,326 shares during the period. Kilroy Realty accounts for about 0.5% of Bayforest Capital Ltd’s holdings, making the stock its 15th biggest position. Bayforest Capital Ltd’s holdings in Kilroy Realty were worth $976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of KRC. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Kilroy Realty by 8.0% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 23,866 shares of the real estate investment trust’s stock worth $1,008,000 after acquiring an additional 1,770 shares during the last quarter. HB Wealth Management LLC purchased a new stake in Kilroy Realty during the 3rd quarter worth about $212,000. Park Avenue Securities LLC acquired a new position in Kilroy Realty in the 3rd quarter valued at about $226,000. Louisiana State Employees Retirement System lifted its holdings in Kilroy Realty by 1.3% in the 3rd quarter. Louisiana State Employees Retirement System now owns 30,300 shares of the real estate investment trust’s stock valued at $1,280,000 after purchasing an additional 400 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its stake in shares of Kilroy Realty by 231.8% during the 3rd quarter. D.A. Davidson & CO. now owns 26,024 shares of the real estate investment trust’s stock worth $1,100,000 after purchasing an additional 18,181 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

Kilroy Realty Trading Down 0.0%

Shares of KRC opened at $39.81 on Friday. The stock’s fifty day simple moving average is $40.46 and its 200 day simple moving average is $39.92. Kilroy Realty Corporation has a twelve month low of $27.07 and a twelve month high of $45.03. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $4.71 billion, a P/E ratio of 14.69 and a beta of 1.10.

Kilroy Realty (NYSE:KRCGet Free Report) last released its quarterly earnings data 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 company had revenue of $279.74 million for the quarter, compared to the consensus estimate of $271.24 million. Kilroy Realty had a return on equity of 5.75% and a net margin of 28.68%.The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the business posted $1.17 EPS. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. On average, equities research analysts forecast that Kilroy Realty Corporation will post 4 earnings per share for the current year.

Kilroy Realty Announces Dividend

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

Analysts Set New Price Targets

KRC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $35.00 price objective on shares of Kilroy Realty in a research report on Tuesday. JPMorgan Chase & Co. reissued a “neutral” rating and set a $44.00 price target (down previously from $46.00) on shares of Kilroy Realty in a research note on Friday, October 17th. Scotiabank raised Kilroy Realty from a “sector underperform” rating to a “sector perform” rating and lifted their price objective for the company from $40.00 to $47.00 in a research report on Wednesday, September 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kilroy Realty in a research report on Monday, December 29th. Finally, Mizuho raised their price target on Kilroy Realty from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $41.54.

Get Our Latest Analysis on KRC

Kilroy Realty Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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