Venture Visionary Partners LLC Has $2.03 Million Holdings in Kilroy Realty Corporation $KRC

Key Points

• Venture Visionary Partners LLC significantly reduced its stake in Kilroy Realty Corporation by 72.8% during the first quarter, selling 165,217 shares and holding just 61,851 shares valued at approximately $2 million.
• Other institutional investors have shown mixed activity, with Cambridge Investment Research increasing its stake by 23.2% while Fifth Third Bancorp boosted its stake by 70.4% in the same period.
• Analyst ratings for Kilroy Realty reflect caution, as several firms have downgraded price targets, with the current consensus rating being a "Hold" and an average target price of $37.91.

Venture Visionary Partners LLC decreased its position in Kilroy Realty Corporation (NYSE:KRC - Free Report) by 72.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 61,851 shares of the real estate investment trust's stock after selling 165,217 shares during the period. Venture Visionary Partners LLC owned about 0.05% of Kilroy Realty worth $2,026,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in shares of Kilroy Realty by 192.1% in the first quarter. Allworth Financial LP now owns 964 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 634 shares during the last quarter. GF Fund Management CO. LTD. bought a new position in Kilroy Realty in the fourth quarter valued at $82,000. PNC Financial Services Group Inc. increased its stake in Kilroy Realty by 22.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,346 shares of the real estate investment trust's stock valued at $110,000 after buying an additional 614 shares during the last quarter. Meeder Asset Management Inc. lifted its position in Kilroy Realty by 3,410.7% during the 1st quarter. Meeder Asset Management Inc. now owns 3,932 shares of the real estate investment trust's stock worth $129,000 after buying an additional 3,820 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in Kilroy Realty by 70.4% during the 1st quarter. Fifth Third Bancorp now owns 4,298 shares of the real estate investment trust's stock worth $141,000 after buying an additional 1,775 shares in the last quarter. Institutional investors and hedge funds own 94.22% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on KRC shares. JPMorgan Chase & Co. decreased their price objective on Kilroy Realty from $42.00 to $40.00 and set an "overweight" rating for the company in a report on Wednesday, July 2nd. Mizuho reduced their price target on Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating for the company in a research report on Monday, July 14th. BMO Capital Markets downgraded Kilroy Realty from a "market perform" rating to an "underperform" rating and set a $35.00 price target for the company. in a research note on Wednesday, July 16th. Zacks Research raised Kilroy Realty to a "hold" rating in a research report on Friday, August 8th. Finally, Wells Fargo & Company cut their price objective on Kilroy Realty from $35.00 to $33.00 and set an "equal weight" rating for the company in a report on Monday, May 19th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $37.64.

Insider Activity at Kilroy Realty

In other news, CAO Merryl Elizabeth Werber sold 6,250 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total value of $239,250.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Eliott Trencher sold 3,997 shares of Kilroy Realty stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $38.05, for a total value of $152,085.85. Following the sale, the executive vice president directly owned 43,826 shares of the company's stock, valued at approximately $1,667,579.30. The trade was 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 corporate insiders.

Kilroy Realty Stock Performance

KRC stock traded down $0.0470 during midday trading on Monday, reaching $40.1130. 249,517 shares of the company were exchanged, compared to its average volume of 1,495,826. Kilroy Realty Corporation has a one year low of $27.07 and a one year high of $43.78. The firm has a market capitalization of $4.74 billion, a price-to-earnings ratio of 21.80 and a beta of 1.22. The business has a 50-day moving average price of $36.69 and a two-hundred day moving average price of $34.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.35 and a quick ratio of 2.35.

Kilroy Realty (NYSE:KRC - Get Free Report) last announced its earnings results on Monday, July 28th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.01 by $0.12. The business had revenue of $289.89 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 EPS. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. Equities research analysts forecast that Kilroy Realty Corporation will post 4 EPS for the current year.

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.