Kilroy Realty Corporation $KRC Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its stake in Kilroy Realty Corporation (NYSE:KRC) by 1.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,304,992 shares of the real estate investment trust’s stock after acquiring an additional 35,288 shares during the quarter. Geode Capital Management LLC’s holdings in Kilroy Realty were worth $86,153,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of KRC. M&T Bank Corp grew its holdings in shares of Kilroy Realty by 34,820.2% in the 4th quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock worth $103,014,000 after acquiring an additional 2,748,704 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Kilroy Realty in the 3rd quarter worth $58,948,000. Route One Investment Company L.P. acquired a new position in shares of Kilroy Realty in the 2nd quarter worth $34,341,000. Principal Financial Group Inc. grew its holdings in shares of Kilroy Realty by 23.5% in the 4th quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after acquiring an additional 994,299 shares during the last quarter. Finally, Woodline Partners LP acquired a new position in shares of Kilroy Realty in the 3rd quarter worth $32,679,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Kilroy Realty Stock Performance

Shares of NYSE KRC opened at $36.95 on Monday. The business’s 50-day moving average price is $32.26 and its two-hundred day moving average price is $34.48. 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 one year low of $27.36 and a one year high of $45.03. The company has a market capitalization of $4.30 billion, a P/E ratio of 20.30 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) last issued 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). Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The firm had revenue of $270.05 million during the quarter, compared to analysts’ expectations of $263.08 million. During the same quarter last year, the firm earned $1.02 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Analysts anticipate that Kilroy Realty Corporation will post 3.57 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company 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 $0.54 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.8%. Kilroy Realty’s payout ratio is 118.68%.

Insider Buying and Selling

In other Kilroy Realty news, insider Lauren N. Stadler sold 3,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.83% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price target on Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Evercore set a $38.00 price target on Kilroy Realty in a report on Tuesday, April 28th. Scotiabank lifted their price target on Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $33.00 price target on shares of Kilroy Realty in a report on Tuesday, May 12th. Finally, Weiss Ratings downgraded Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $37.08.

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.