Corient Private Wealth LP Makes New Investment in Kilroy Realty Corporation $KRC

Key Points

• Corient Private Wealth LP purchased 377,656 shares of Kilroy Realty worth approximately $14.15 million, acquiring a 0.32% stake. Institutional investors and hedge funds collectively own 94.22% of KRC.
• Kilroy Realty’s stock opened at $36.24, while analysts maintain a consensus “Hold” rating with a $39.13 price target.
• The REIT reported quarterly revenue of $272.37 million, exceeding estimates, but earnings per share of $0.17 fell well short of the $0.90 consensus forecast; revenue declined 6% year over year.

Corient Private Wealth LP bought a new position in shares of Kilroy Realty Corporation (NYSE:KRC - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 377,656 shares of the real estate investment trust's stock, valued at approximately $14,152,000. Corient Private Wealth LP owned about 0.32% of Kilroy Realty as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KRC. Bank of America Corp DE bought a new position in shares of Kilroy Realty in the second quarter valued at about $43,173,000. Caisse de depot et placement du Quebec bought a new stake in Kilroy Realty during the 2nd quarter worth about $382,000. Jupiter Topco LLC bought a new stake in Kilroy Realty during the 2nd quarter worth about $1,889,000. Route One Investment Company L.P. acquired a new stake in Kilroy Realty in the 2nd quarter valued at about $159,181,000. Finally, Hsbc Holdings PLC acquired a new stake in Kilroy Realty in the 2nd quarter valued at about $8,738,000. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KRC has been the subject of a number of research analyst reports. Wells Fargo & Company upped their target price on shares of Kilroy Realty from $31.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Monday, June 1st. UBS Group set a $44.00 price target on shares of Kilroy Realty in a report on Tuesday, June 16th. The Goldman Sachs Group boosted their price objective on shares of Kilroy Realty from $28.00 to $31.00 and gave the stock a "sell" rating in a research report on Wednesday, July 29th. Wall Street Zen raised Kilroy Realty from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Finally, BMO Capital Markets increased their price objective on Kilroy Realty from $34.00 to $38.00 and gave the company a "market perform" rating in a research report on Monday, June 15th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Kilroy Realty currently has a consensus rating of "Hold" and a consensus price target of $39.13.

Kilroy Realty Stock Down 1.2%

Shares of NYSE:KRC opened at $36.24 on Friday. Kilroy Realty Corporation has a one year low of $27.36 and a one year high of $45.03. The company has a 50 day moving average of $38.11 and a 200-day moving average of $34.28. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. The stock has a market cap of $4.22 billion, a price-to-earnings ratio of 25.52 and a beta of 1.11.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.73). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The business had revenue of $272.37 million during the quarter, compared to analyst estimates of $267.39 million. During the same quarter in the prior year, the company earned $1.13 earnings per share. The company's quarterly revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, sell-side analysts forecast that Kilroy Realty Corporation will post 3.59 earnings per share for the current year.

Insider Buying and Selling at Kilroy Realty

In related news, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction on Monday, June 29th. The stock was sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the sale, the director directly owned 13,892 shares of the company's stock, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Justin William Smart sold 10,848 shares of the company's stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the sale, the president owned 519,872 shares of the company's stock, valued at $20,124,245.12. This represents a 2.04% decrease in their position. The SEC filing for this sale provides additional information. 0.83% of the stock is owned by company insiders.

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.

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