Bamco Inc. NY Buys New Shares in Kilroy Realty Corporation $KRC

Bamco Inc. NY bought a new position in Kilroy Realty Corporation (NYSE:KRC) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 68,969 shares of the real estate investment trust’s stock, valued at approximately $2,914,000. Bamco Inc. NY owned about 0.06% of Kilroy Realty at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KRC. Caprock Group LLC purchased a new stake in Kilroy Realty in the third quarter valued at approximately $1,741,000. Nan Fung Trinity HK Ltd. purchased a new position in Kilroy Realty during the 3rd quarter worth approximately $3,270,000. Allianz Asset Management GmbH raised its position in Kilroy Realty by 134.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 141,806 shares of the real estate investment trust’s stock worth $5,991,000 after buying an additional 81,292 shares during the last quarter. Federated Hermes Inc. lifted its stake in Kilroy Realty by 6.4% during the 3rd quarter. Federated Hermes Inc. now owns 1,494,985 shares of the real estate investment trust’s stock valued at $63,163,000 after acquiring an additional 89,307 shares during the period. Finally, Aaron Wealth Advisors LLC lifted its stake in Kilroy Realty by 521.6% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 41,581 shares of the real estate investment trust’s stock valued at $1,757,000 after acquiring an additional 34,892 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Analysts Set New Price Targets

KRC has been the topic of a number of research reports. Royal Bank Of Canada cut their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Citigroup decreased their target price on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Wall Street Zen lowered shares of Kilroy Realty from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Scotiabank cut their price target on Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Kilroy Realty in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $38.93.

Kilroy Realty Stock Up 0.6%

KRC opened at $28.67 on Tuesday. The company has a fifty day moving average of $33.62 and a two-hundred day moving average of $38.58. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 12.41 and a beta of 1.10. Kilroy Realty Corporation has a fifty-two week low of $27.07 and a fifty-two week high of $45.03. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.13 and a current ratio of 2.13.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.88). Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The firm had revenue of $272.19 million for the quarter, compared to analysts’ expectations of $270.21 million. During the same period in the previous year, the company earned $1.20 earnings per share. The company’s revenue was down 5.0% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. On average, research analysts expect that Kilroy Realty Corporation will post 4 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.54 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.16 dividend on an annualized basis and a yield of 7.5%. Kilroy Realty’s dividend payout ratio is currently 93.51%.

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.