Deutsche Bank AG Purchases New Shares in Kilroy Realty Corporation $KRC

Key Points

• Deutsche Bank acquired 63,878 shares of Kilroy Realty in the second quarter, worth approximately $2.4 million. Institutional investors collectively own 94.22% of the REIT.
• Kilroy Realty reported quarterly EPS of $0.17, missing the $0.90 consensus estimate, while revenue of $272.37 million exceeded expectations but declined 6% year over year.
• Analysts maintain an overall “Hold” rating, with an average price target of $39.13 versus the stock’s reported price of $36.72; two company insiders also recently sold shares.

Deutsche Bank AG acquired a new position in shares of Kilroy Realty Corporation (NYSE:KRC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 63,878 shares of the real estate investment trust's stock, valued at approximately $2,394,000. Deutsche Bank AG owned about 0.05% of Kilroy Realty as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KRC. Norges Bank bought a new stake in shares of Kilroy Realty during the fourth quarter worth $340,131,000. State Street Corp boosted its holdings in Kilroy Realty by 1.2% in the second quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust's stock valued at $203,514,000 after acquiring an additional 67,546 shares during the last quarter. Principal Financial Group Inc. increased its position in Kilroy Realty by 23.5% in 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 purchasing an additional 994,299 shares during the period. Rush Island Management LP increased its position in Kilroy Realty by 84.5% in the first quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust's stock worth $137,122,000 after purchasing an additional 2,226,821 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings in Kilroy Realty by 0.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust's stock worth $151,178,000 after purchasing an additional 15,193 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Kilroy Realty Price Performance

NYSE:KRC opened at $36.72 on Friday. Kilroy Realty Corporation has a 52-week low of $27.36 and a 52-week high of $45.03. The company has a market cap of $4.27 billion, a P/E ratio of 25.86 and a beta of 1.11. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.65 and a current ratio of 2.65. The stock's 50-day simple moving average is $38.12 and its 200 day simple moving average is $34.26.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on KRC shares. Mizuho raised their target price on shares of Kilroy Realty from $29.00 to $34.00 and gave the company an "underperform" rating in a research note on Tuesday, July 21st. Citigroup increased their price objective on shares of Kilroy Realty from $34.00 to $40.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. BMO Capital Markets raised their price objective on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a "market perform" rating in a research note on Monday, June 15th. JPMorgan Chase & Co. lowered their target price on shares of Kilroy Realty from $40.00 to $39.00 and set a "neutral" rating for the company in a report on Tuesday, July 21st. Finally, Wall Street Zen raised Kilroy Realty from a "sell" rating to a "hold" rating in a research note on Saturday, August 15th. Five research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $39.13.

Insider Activity at Kilroy Realty

In related news, President Justin William Smart sold 10,848 shares of the firm's stock in a transaction on 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 transaction, the president directly owned 519,872 shares of the company's stock, valued at approximately $20,124,245.12. This trade represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jolie A. Hunt sold 15,800 shares of the business's 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 transaction, the director owned 13,892 shares in the company, valued at approximately $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.83% of the company's stock.

Kilroy Realty Company 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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