PGGM Investments Grows Stake in Kilroy Realty Corporation $KRC

PGGM Investments boosted its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 6.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,628,946 shares of the real estate investment trust’s stock after buying an additional 148,376 shares during the quarter. Kilroy Realty accounts for about 1.6% of PGGM Investments’ holdings, making the stock its 26th largest position. PGGM Investments’ holdings in Kilroy Realty were worth $98,244,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of KRC. Westside Investment Management Inc. increased its holdings in shares of Kilroy Realty by 100.0% in the third quarter. Westside Investment Management Inc. now owns 618 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 309 shares during the last quarter. Wiser Advisor Group LLC purchased a new position in shares of Kilroy Realty during the third quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Kilroy Realty during the third quarter valued at approximately $40,000. Smartleaf Asset Management LLC boosted its position in shares of Kilroy Realty by 276.5% during the third quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 719 shares during the period. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Kilroy Realty in the fourth quarter valued at approximately $65,000. 94.22% of the stock is owned by institutional investors.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total transaction of $103,950.00. Following the completion of the sale, the insider owned 15,456 shares of the company’s stock, valued at $535,550.40. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is currently owned by company insiders.

Kilroy Realty Trading Up 0.0%

KRC opened at $33.98 on Tuesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. The company’s 50 day simple moving average is $31.12 and its two-hundred day simple moving average is $34.92. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 18.67 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) last released its 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 business had revenue of $270.05 million during the quarter, compared to analysts’ expectations 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 last year, the business earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Analysts expect that Kilroy Realty Corporation will post 3.57 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.16 annualized dividend and a yield of 6.4%. Kilroy Realty’s dividend payout ratio (DPR) is 118.68%.

Analyst Upgrades and Downgrades

KRC has been the subject of a number of recent research reports. Barclays reduced their price objective on shares of 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. Wells Fargo & Company raised Kilroy Realty from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. JPMorgan Chase & Co. lowered their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Citigroup lowered their price target on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Thursday, February 12th. Finally, Mizuho set a $29.00 target price on shares of Kilroy Realty and gave the stock an “underperform” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $37.69.

Kilroy Realty Company 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.