6,689 Shares in Kilroy Realty Corporation $KRC Acquired by Aaron Wealth Advisors LLC

Key Points

• Aaron Wealth Advisors LLC acquired a new stake in Kilroy Realty Corporation, purchasing 6,689 shares valued at approximately $230,000.
• Kilroy Realty has announced a quarterly dividend of $0.54 per share, with a dividend yield of 4.9% and a payout ratio of 117.39%.
• The company's stock has experienced fluctuations, posting a 0.4% decline recently, with analysts rating it predominantly as a "Hold."

Aaron Wealth Advisors LLC acquired a new stake in shares of Kilroy Realty Corporation (NYSE:KRC - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,689 shares of the real estate investment trust's stock, valued at approximately $230,000.

Other large investors also recently bought and sold shares of the company. Allworth Financial LP raised its stake in Kilroy Realty by 192.1% during 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 position in Kilroy Realty during the fourth quarter worth approximately $82,000. PNC Financial Services Group Inc. increased its position in shares of Kilroy Realty by 22.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,346 shares of the real estate investment trust's stock worth $110,000 after acquiring 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 1st 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 1st 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. Hedge funds and other institutional investors own 94.22% of the company's stock.

Kilroy Realty Stock Performance

NYSE KRC traded up $0.47 during trading hours on Tuesday, reaching $44.81. The company's stock had a trading volume of 102,925 shares, compared to its average volume of 1,493,245. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.82. The business has a 50-day simple moving average of $39.73 and a 200 day simple moving average of $35.41. Kilroy Realty Corporation has a 52 week low of $27.07 and a 52 week high of $45.03. The stock has a market cap of $5.30 billion, a PE ratio of 24.35 and a beta of 1.25.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its earnings results on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.12. The firm had revenue of $289.89 million during the quarter, compared to analyst estimates of $268.84 million. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. Kilroy Realty's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 EPS. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. Equities research analysts predict that Kilroy Realty Corporation will post 4 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Tuesday, September 30th. Kilroy Realty's payout ratio is 117.39%.

Insider Transactions at Kilroy Realty

In other Kilroy Realty news, CAO Merryl Elizabeth Werber sold 6,250 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $38.28, for a total transaction of $239,250.00. Following the sale, the chief accounting officer directly owned 26,435 shares in the company, valued at approximately $1,011,931.80. The trade was a 19.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Eliott Trencher sold 3,997 shares of the business's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $38.05, for a total transaction of $152,085.85. Following the sale, the executive vice president owned 43,826 shares in the company, valued at $1,667,579.30. This trade represents a 8.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

KRC has been the topic of a number of research reports. Zacks Research raised shares of Kilroy Realty to a "hold" rating in a research note on Friday, August 8th. Evercore ISI raised their target price on shares of Kilroy Realty from $42.00 to $46.00 and gave the company an "in-line" rating in a research note on Monday, September 8th. Barclays reissued an "equal weight" rating and issued a $43.00 target price on shares of Kilroy Realty in a research note on Thursday, September 4th. Scotiabank raised shares of Kilroy Realty from a "sector underperform" rating to a "sector perform" rating and raised their target price for the company from $40.00 to $47.00 in a research note on Wednesday, September 17th. Finally, Mizuho cut their target price on shares of Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating on the stock in a research note on Monday, July 14th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $39.45.

Kilroy Realty Company Profile

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.