SG Americas Securities LLC Cuts Stock Holdings in Kilroy Realty Corporation $KRC

SG Americas Securities LLC reduced its position in Kilroy Realty Corporation (NYSE:KRC) by 85.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,219 shares of the real estate investment trust’s stock after selling 71,409 shares during the period. SG Americas Securities LLC’s holdings in Kilroy Realty were worth $516,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Sequoia Financial Advisors LLC bought a new position in Kilroy Realty during the second quarter valued at approximately $320,000. D.A. Davidson & CO. purchased a new stake in Kilroy Realty during the 2nd quarter valued at $269,000. Aaron Wealth Advisors LLC lifted its holdings in shares of 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 buying an additional 34,892 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Kilroy Realty by 0.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 181,434 shares of the real estate investment trust’s stock worth $6,225,000 after buying an additional 1,618 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its stake in shares of Kilroy Realty by 78.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 13,644 shares of the real estate investment trust’s stock worth $468,000 after buying an additional 5,995 shares during the last quarter. 94.22% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on KRC shares. New Street Research set a $45.00 target price on Kilroy Realty in a report on Monday, October 13th. KeyCorp reiterated a “sector weight” rating on shares of Kilroy Realty in a research note on Thursday, December 4th. Weiss Ratings restated a “hold (c+)” rating on shares of Kilroy Realty in a research report on Monday, December 29th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Kilroy Realty in a report on Wednesday, January 7th. Finally, Jefferies Financial Group upgraded shares of Kilroy Realty from a “hold” rating to a “buy” rating and lifted their price target for the stock from $33.00 to $45.00 in a research note on Monday, October 13th. One research analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $40.92.

Kilroy Realty Price Performance

NYSE KRC opened at $35.61 on Friday. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81. Kilroy Realty Corporation has a 12 month low of $27.07 and a 12 month high of $45.03. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 13.14 and a beta of 1.10. The company’s 50 day moving average is $39.48 and its two-hundred day moving average is $40.07.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The business had revenue of $279.74 million during the quarter, compared to analyst estimates of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. The company’s revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.17 earnings per share. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. As a group, research analysts anticipate 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 paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Wednesday, December 31st. Kilroy Realty’s dividend payout ratio is presently 79.70%.

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.