Daiwa Securities Group Inc. Lowers Stake in Kilroy Realty Corporation $KRC

Daiwa Securities Group Inc. decreased its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,491,846 shares of the real estate investment trust’s stock after selling 86,339 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Kilroy Realty were worth $130,490,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new position in Kilroy Realty during the fourth quarter worth approximately $340,131,000. State Street Corp grew its stake in Kilroy Realty by 1.2% during the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock worth $203,514,000 after buying an additional 67,546 shares during the period. Principal Financial Group Inc. grew its stake in Kilroy Realty by 23.5% during the fourth quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after buying an additional 994,299 shares during the period. Northern Trust Corp grew its stake in Kilroy Realty by 3.8% during the third quarter. Northern Trust Corp now owns 3,149,816 shares of the real estate investment trust’s stock worth $133,080,000 after buying an additional 115,047 shares during the period. Finally, M&T Bank Corp grew its stake in Kilroy Realty by 34,820.2% during the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock worth $103,014,000 after buying an additional 2,748,704 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

Insiders Place Their Bets

In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were 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 in the company, valued at $535,550.40. The trade was a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KRC. Evercore set a $38.00 price objective on shares of Kilroy Realty in a research note on Tuesday, April 28th. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the stock an “underperform” rating in a research note on Tuesday, February 24th. Wall Street Zen downgraded shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Citigroup decreased their price objective on shares of Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Finally, Scotiabank boosted their price objective on shares of Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $37.08.

Kilroy Realty Stock Up 4.4%

KRC stock opened at $36.84 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The firm has a fifty day moving average price of $32.09 and a two-hundred day moving average price of $34.51. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 20.24 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 the consensus estimate of $0.14 by ($0.30). Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The business had revenue of $270.05 million for the quarter, compared to the consensus estimate of $263.08 million. During the same quarter in the previous year, the firm earned $1.02 EPS. The firm’s revenue for the quarter was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Research analysts predict that Kilroy Realty Corporation will post 3.57 EPS for the current 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 is Tuesday, June 30th. This represents a $2.16 annualized dividend and a yield of 5.9%. Kilroy Realty’s payout ratio is presently 118.68%.

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.