Vanguard Group Inc. Sells 135,753 Shares of Kilroy Realty Corporation $KRC

Vanguard Group Inc. trimmed its position in Kilroy Realty Corporation (NYSE:KRC) by 0.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,823,705 shares of the real estate investment trust’s stock after selling 135,753 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of Kilroy Realty worth $591,332,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of KRC. State Street Corp boosted its stake in Kilroy Realty by 1.2% in the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock valued at $203,514,000 after acquiring an additional 67,546 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in Kilroy Realty by 0.4% in the third quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock valued at $151,178,000 after acquiring an additional 15,193 shares during the last quarter. Northern Trust Corp boosted its stake in Kilroy Realty by 3.8% in the third quarter. Northern Trust Corp now owns 3,149,816 shares of the real estate investment trust’s stock valued at $133,080,000 after acquiring an additional 115,047 shares during the last quarter. M&T Bank Corp boosted its stake in Kilroy Realty by 34,820.2% in the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock valued at $103,014,000 after acquiring an additional 2,748,704 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Kilroy Realty by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,639,596 shares of the real estate investment trust’s stock valued at $69,274,000 after acquiring an additional 13,864 shares during the last quarter. 94.22% of the stock is currently owned by institutional investors.

Kilroy Realty Trading Down 2.0%

Shares of NYSE KRC opened at $32.95 on Tuesday. The company’s fifty day moving average is $29.94 and its 200-day moving average is $35.65. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 18.11 and a beta of 1.14. Kilroy Realty Corporation has a twelve month low of $27.36 and a twelve month high of $45.03. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The firm had revenue of $270.05 million for the quarter, compared to the consensus estimate of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities research analysts predict that Kilroy Realty Corporation will post 3.56 EPS for the current year.

Kilroy Realty Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Tuesday, March 31st. Kilroy Realty’s dividend payout ratio (DPR) is currently 118.68%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on KRC. JPMorgan Chase & Co. reduced their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Weiss Ratings cut shares of Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the company an “underperform” rating in a research note on Tuesday, February 24th. Evercore set a $38.00 price objective on shares of Kilroy Realty in a research note on Tuesday, April 28th. Finally, Barclays reduced their price target on shares of Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $37.77.

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.