Aberdeen Group plc boosted its stake in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 546,882 shares of the real estate investment trust’s stock after acquiring an additional 25,548 shares during the period. Aberdeen Group plc owned 0.46% of Kilroy Realty worth $20,437,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. increased its stake in Kilroy Realty by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 309 shares during the period. Wiser Advisor Group LLC acquired a new stake in shares of 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 in the 3rd quarter valued at $40,000. Smartleaf Asset Management LLC boosted its holdings in shares of Kilroy Realty by 276.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 719 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Kilroy Realty by 135.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,001 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 575 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on KRC. BMO Capital Markets reaffirmed a “market perform” rating on shares of Kilroy Realty in a report on Wednesday, January 7th. Mizuho set a $29.00 target price on Kilroy Realty and gave the company an “underperform” rating in a report on Tuesday, February 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kilroy Realty in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $35.00 target price on shares of Kilroy Realty in a report on Tuesday, January 6th. Finally, Scotiabank reduced their target price on Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $38.77.
Kilroy Realty Trading Down 0.7%
NYSE KRC opened at $28.24 on Tuesday. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.81. Kilroy Realty Corporation has a twelve month low of $27.07 and a twelve month high of $45.03. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 12.23 and a beta of 1.08. The business’s fifty day moving average is $30.84 and its 200 day moving average is $37.09.
Kilroy Realty (NYSE:KRC – Get Free Report) last released its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.88). The firm had revenue of $272.19 million for the quarter, compared to the consensus estimate of $270.21 million. Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The business’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.20 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. As a group, sell-side analysts expect that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.
Kilroy Realty Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Tuesday, March 31st. Kilroy Realty’s payout ratio is 93.51%.
About Kilroy Realty
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.
Further Reading
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