Inspire Investing LLC Decreases Stock Holdings in Kilroy Realty Corporation $KRC

Inspire Investing LLC trimmed its holdings in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) by 63.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 12,298 shares of the real estate investment trust’s stock after selling 21,749 shares during the quarter. Inspire Investing LLC’s holdings in Kilroy Realty were worth $403,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently added to or reduced their stakes in the business. Allworth Financial LP boosted its position in shares of Kilroy Realty by 192.1% in the first quarter. Allworth Financial LP now owns 964 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 634 shares during the period. GF Fund Management CO. LTD. purchased a new stake in Kilroy Realty during the fourth quarter valued at $82,000. PNC Financial Services Group Inc. raised its stake in Kilroy Realty by 22.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,346 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 614 shares in the last quarter. Meeder Asset Management Inc. raised its stake in shares of Kilroy Realty by 3,410.7% in the first quarter. Meeder Asset Management Inc. now owns 3,932 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 3,820 shares during the period. Finally, Fifth Third Bancorp raised its stake in shares of Kilroy Realty by 70.4% in the first quarter. Fifth Third Bancorp now owns 4,298 shares of the real estate investment trust’s stock valued at $141,000 after acquiring an additional 1,775 shares during the period. 94.22% of the stock is currently owned by institutional investors.
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Analyst Ratings Changes
Several research analysts recently commented on the stock. Barclays reaffirmed an “equal weight” rating and issued a $43.00 price target on shares of Kilroy Realty in a research note on Thursday, September 4th. Mizuho lowered their target price on shares of Kilroy Realty from $43.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, July 14th. JPMorgan Chase & Co. decreased their price objective on shares of Kilroy Realty from $42.00 to $40.00 and set an “overweight” rating for the company in a research note on Wednesday, July 2nd. The Goldman Sachs Group reissued a “sell” rating and issued a $33.00 price target on shares of Kilroy Realty in a report on Thursday, August 21st. Finally, BMO Capital Markets cut shares of Kilroy Realty from a “market perform” rating to an “underperform” rating and set a $35.00 target price on the stock. in a research note on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Kilroy Realty presently has an average rating of “Reduce” and an average price target of $38.82.
Check Out Our Latest Stock Analysis on Kilroy Realty
Kilroy Realty Stock Performance
Shares of Kilroy Realty stock opened at $43.21 on Friday. The firm has a market capitalization of $5.11 billion, a P/E ratio of 23.48 and a beta of 1.26. Kilroy Realty Corporation has a 52 week low of $27.07 and a 52 week high of $43.78. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.82. The firm’s 50 day moving average is $38.76 and its two-hundred day moving average is $34.99.
Kilroy Realty (NYSE:KRC – Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.12. Kilroy Realty had a return on equity of 3.92% and a net margin of 19.29%.The business had revenue of $289.89 million during the quarter, compared to the consensus estimate of $268.84 million. During the same period in the prior year, the company earned $1.10 earnings per share. The company’s revenue was up 3.3% compared to the same quarter last year. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. Research analysts forecast that Kilroy Realty Corporation will post 4 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, CAO Merryl Elizabeth Werber sold 6,250 shares of Kilroy Realty stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total transaction of $239,250.00. Following the completion of the sale, the chief accounting officer owned 26,435 shares in the company, valued at approximately $1,011,931.80. This trade represents a 19.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Eliott Trencher sold 3,997 shares of Kilroy Realty stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $38.05, for a total value of $152,085.85. Following the sale, the executive vice president owned 43,826 shares of the company’s stock, valued at approximately $1,667,579.30. This represents a 8.36% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.57% of the company’s stock.
Kilroy Realty Company Profile
(Free Report)
Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design.
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