Dynamic Technology Lab Private Ltd Takes $721,000 Position in Kilroy Realty Corporation $KRC

Key Points

• Dynamic Technology Lab Private Ltd invested approximately $721,000 in Kilroy Realty Corporation by acquiring 21,998 shares in the first quarter.
• A significant 92% of Kilroy Realty's stock is owned by hedge funds and institutional investors, indicating strong institutional interest in the company.
• Recent earnings showed Kilroy Realty posted a EPS of $1.13, surpassing analysts' expectations, contributing to a year-over-year revenue increase of 3.3%.

Dynamic Technology Lab Private Ltd bought a new position in Kilroy Realty Corporation (NYSE:KRC - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,998 shares of the real estate investment trust's stock, valued at approximately $721,000.

Several other large investors also recently added to or reduced their stakes in KRC. Ameriprise Financial Inc. increased its stake in Kilroy Realty by 9.6% during the fourth quarter. Ameriprise Financial Inc. now owns 193,835 shares of the real estate investment trust's stock worth $7,841,000 after acquiring an additional 16,959 shares during the last quarter. Bank of America Corp DE increased its stake in Kilroy Realty by 9.8% during the fourth quarter. Bank of America Corp DE now owns 464,457 shares of the real estate investment trust's stock worth $18,787,000 after acquiring an additional 41,356 shares during the last quarter. Cetera Investment Advisers increased its stake in Kilroy Realty by 6.7% during the fourth quarter. Cetera Investment Advisers now owns 13,830 shares of the real estate investment trust's stock worth $559,000 after acquiring an additional 874 shares during the last quarter. Deutsche Bank AG increased its stake in Kilroy Realty by 1,226.2% during the fourth quarter. Deutsche Bank AG now owns 815,491 shares of the real estate investment trust's stock worth $32,987,000 after acquiring an additional 753,999 shares during the last quarter. Finally, Lighthouse Investment Partners LLC bought a new stake in Kilroy Realty during the fourth quarter worth approximately $1,320,000. 94.22% of the stock is owned by institutional investors.

Insider Buying and Selling at Kilroy Realty

In other Kilroy Realty news, EVP Eliott Trencher sold 3,997 shares of the stock in a transaction on 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 of the company's stock, valued at approximately $1,667,579.30. This trade represents a 8.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Merryl Elizabeth Werber sold 6,250 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $38.28, for a total value of $239,250.00. Following the sale, the chief accounting officer owned 26,435 shares of the company's stock, valued at approximately $1,011,931.80. This represents a 19.12% decrease in their position. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by company insiders.

Kilroy Realty Stock Up 0.3%

NYSE KRC traded up $0.13 during midday trading on Monday, hitting $43.30. 155,977 shares of the company traded hands, compared to its average volume of 1,477,490. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.35 and a quick ratio of 2.35. The company has a market cap of $5.12 billion, a PE ratio of 23.57 and a beta of 1.26. The company's 50-day simple moving average is $38.76 and its 200-day simple moving average is $34.99. Kilroy Realty Corporation has a 52 week low of $27.07 and a 52 week high of $43.78.

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

Analyst Ratings Changes

KRC has been the topic of a number of analyst reports. JPMorgan Chase & Co. cut their target price on Kilroy Realty from $42.00 to $40.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 2nd. Mizuho cut their target price on Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating on the stock in a research note on Monday, July 14th. The Goldman Sachs Group reaffirmed a "sell" rating and set a $33.00 target price on shares of Kilroy Realty in a research note on Thursday, August 21st. Zacks Research raised Kilroy Realty to a "hold" rating in a research note on Friday, August 8th. Finally, Scotiabank upped their target price on Kilroy Realty from $37.00 to $40.00 and gave the company a "sector underperform" rating in a research note on Thursday, August 28th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, Kilroy Realty presently has a consensus rating of "Reduce" and a consensus target price of $38.82.

About Kilroy Realty

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.