Cresset Asset Management LLC Makes New $1.19 Million Investment in Kilroy Realty Corporation $KRC

Cresset Asset Management LLC purchased a new position in shares of Kilroy Realty Corporation (NYSE:KRC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,798 shares of the real estate investment trust’s stock, valued at approximately $1,189,000.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Kilroy Realty by 15.7% during the first quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock worth $1,947,000 after buying an additional 8,078 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Kilroy Realty by 40.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock valued at $2,037,000 after buying an additional 17,848 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Kilroy Realty by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock valued at $28,208,000 after buying an additional 52,333 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of Kilroy Realty during the 1st quarter valued at approximately $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Kilroy Realty by 0.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock valued at $5,007,000 after acquiring an additional 1,320 shares during the period. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Down 1.4%

Shares of KRC stock opened at $29.41 on Tuesday. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 12.73 and a beta of 1.10. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average price of $34.52 and a 200 day moving average price of $39.00. Kilroy Realty Corporation has a twelve month low of $27.07 and a twelve month high of $45.03.

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

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 31st will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Kilroy Realty’s payout ratio is presently 93.51%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KRC. Royal Bank Of Canada lowered their price target on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. BMO Capital Markets reiterated a “market perform” rating on shares of Kilroy Realty in a research 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. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $35.00 price target on shares of Kilroy Realty in a research report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kilroy Realty in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $38.93.

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.