Vanguard Group Inc. Sells 135,753 Shares of Kilroy Realty Corporation $KRC

Key Points

• Vanguard Group Inc. sold 135,753 shares in Q4, trimming its stake by 0.9% to 15,823,705 shares — a 13.37% ownership valued at about $591.3 million.
• Kilroy reported quarterly EPS of ($0.16), missing estimates while revenue of $270.05 million topped expectations; management guided FY2026 EPS to 3.490–3.630 and analysts expect about 3.56.
• Kilroy pays an annualized dividend of $2.16 for a 6.6% yield, but the dividend payout ratio is a high 118.68%, signaling potential sustainability concerns.

Vanguard Group Inc. lowered its holdings in Kilroy Realty Corporation (NYSE:KRC - Free Report) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,823,705 shares of the real estate investment trust's stock after selling 135,753 shares during the quarter. Vanguard Group Inc. owned 13.37% of Kilroy Realty worth $591,332,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Concurrent Investment Advisors LLC bought a new stake in Kilroy Realty in the fourth quarter valued at about $210,000. M&T Bank Corp grew its stake in Kilroy Realty by 34,820.2% during the fourth quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust's stock worth $103,014,000 after buying an additional 2,748,704 shares during the last quarter. Optas LLC increased its holdings in shares of Kilroy Realty by 38.0% during the fourth quarter. Optas LLC now owns 11,091 shares of the real estate investment trust's stock worth $414,000 after buying an additional 3,054 shares in the last quarter. Vert Asset Management LLC increased its holdings in shares of Kilroy Realty by 2.0% during the fourth quarter. Vert Asset Management LLC now owns 53,200 shares of the real estate investment trust's stock worth $1,988,000 after buying an additional 1,019 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Kilroy Realty by 9.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 79,184 shares of the real estate investment trust's stock worth $2,959,000 after buying an additional 6,870 shares in the last quarter. Institutional investors own 94.22% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on KRC shares. Royal Bank Of Canada dropped their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an "outperform" rating for the company in a report on Monday, March 2nd. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the stock an "underperform" rating in a report on Tuesday, February 24th. Weiss Ratings lowered shares of Kilroy Realty from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday. JPMorgan Chase & Co. dropped their price objective on shares of Kilroy Realty from $44.00 to $39.00 and set a "neutral" rating for the company in a report on Monday, April 13th. Finally, Wells Fargo & Company raised shares of Kilroy Realty from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $37.77.

Kilroy Realty Price Performance

KRC opened at $32.95 on Tuesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. The stock has a market capitalization of $3.83 billion, a P/E ratio of 18.11 and a beta of 1.14. The company's 50 day simple moving average is $29.94 and its 200-day simple moving average is $35.65. Kilroy Realty Corporation has a one year low of $27.36 and a one year high of $45.03.

Kilroy Realty (NYSE:KRC - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.30). The firm had revenue of $270.05 million for the quarter, compared to analyst estimates of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The firm's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Sell-side analysts anticipate that Kilroy Realty Corporation will post 3.56 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 31st were given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Tuesday, March 31st. Kilroy Realty's dividend payout ratio (DPR) is presently 118.68%.

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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