Principal Financial Group Inc. Increases Stock Position in Kilroy Realty Corporation $KRC

Principal Financial Group Inc. boosted its position in shares of Kilroy Realty Corporation (NYSE:KRC) by 23.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,228,666 shares of the real estate investment trust’s stock after purchasing an additional 994,299 shares during the period. Principal Financial Group Inc.’s holdings in Kilroy Realty were worth $195,396,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. boosted its position in Kilroy Realty by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 309 shares during the last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Kilroy Realty during the third quarter worth about $32,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Kilroy Realty in the third quarter worth about $40,000. Smartleaf Asset Management LLC lifted its stake in shares of Kilroy Realty by 276.5% in the third quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 719 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Kilroy Realty by 135.0% in the third 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 during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Stock Up 1.9%

Shares of Kilroy Realty stock opened at $33.57 on Wednesday. The business has a 50-day moving average price of $29.96 and a 200 day moving average price of $35.60. Kilroy Realty Corporation has a fifty-two week low of $27.36 and a fifty-two week high of $45.03. The firm has a market cap of $3.90 billion, a P/E ratio of 18.44 and a beta of 1.14. 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 released its earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS 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 quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the business earned $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, sell-side analysts forecast that Kilroy Realty Corporation will post 3.56 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Tuesday, March 31st were paid a dividend of $0.54 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.16 annualized dividend and a yield of 6.4%. Kilroy Realty’s dividend payout ratio (DPR) is 118.68%.

Analyst Ratings Changes

A number of brokerages have weighed in on KRC. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $35.00 price objective on shares of Kilroy Realty in a research note on Tuesday, January 6th. Barclays reduced their target price on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Citigroup decreased their price target on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Scotiabank cut their price target on shares of Kilroy Realty from $42.00 to $37.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Kilroy Realty in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Kilroy Realty currently has an average rating of “Hold” and an average price target of $37.77.

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.