Squarepoint Ops LLC Acquires Shares of 138,507 Kilroy Realty Corporation $KRC

Squarepoint Ops LLC acquired a new position in shares of Kilroy Realty Corporation (NYSE:KRC) during the second quarter, HoldingsChannel.com reports. The fund acquired 138,507 shares of the real estate investment trust’s stock, valued at approximately $5,190,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Kilroy Realty during the 2nd quarter valued at about $581,003,000. Norges Bank acquired a new stake in Kilroy Realty in the fourth quarter valued at approximately $340,131,000. California State Teachers Retirement System grew its position in Kilroy Realty by 3,534.1% in the second quarter. California State Teachers Retirement System now owns 4,837,377 shares of the real estate investment trust’s stock valued at $181,257,000 after acquiring an additional 4,704,266 shares in the last quarter. Route One Investment Company L.P. purchased a new stake in shares of Kilroy Realty during the second quarter valued at approximately $159,181,000. Finally, Rush Island Management LP raised its stake in shares of Kilroy Realty by 84.5% during the first quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock valued at $137,122,000 after purchasing an additional 2,226,821 shares during the period. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Wall Street Analyst Weigh In

KRC has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Kilroy Realty from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Barclays boosted their price objective on shares of Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Wall Street Zen cut shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research report on Saturday. Evercore upgraded Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 target price for the company in a research note on Monday, June 8th. Finally, Wells Fargo & Company lifted their target price on Kilroy Realty from $33.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 1st. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $39.47.

Kilroy Realty Price Performance

Shares of KRC stock opened at $34.98 on Friday. The firm has a fifty day moving average of $37.74 and a two-hundred day moving average of $34.55. The firm has a market cap of $4.07 billion, a P/E ratio of 24.63 and a beta of 1.11. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.73). Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.The company had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. During the same period in the previous year, the business posted $1.13 EPS. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, research analysts anticipate that Kilroy Realty Corporation will post 3.59 earnings per share for the current fiscal year.

Insider Activity at Kilroy Realty

In other news, Director Jolie Hunt sold 15,800 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director directly owned 13,892 shares in the company, valued at approximately $524,978.68. The trade was a 53.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.83% of the company’s stock.

Kilroy Realty Profile

Kilroy Realty Corporation (NYSE: KRC) is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is concentrated in high-demand technology and innovation markets, with properties designed to serve businesses in sectors such as technology, media, entertainment and life sciences.

The company’s operations are primarily focused on coastal markets in the western United States, including the San Francisco Bay Area, Greater Los Angeles and San Diego, as well as the Pacific Northwest.