Kilroy Realty Corporation $KRC Stock Holdings Decreased by Venture Visionary Partners LLC

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 lessened its stake in Kilroy Realty Corporation (NYSE:KRC - Free Report) by 72.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,851 shares of the real estate investment trust's stock after selling 165,217 shares during the quarter. Venture Visionary Partners LLC owned about 0.05% of Kilroy Realty worth $2,026,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. US Bancorp DE boosted its holdings in shares of Kilroy Realty by 4.1% in the 1st quarter. US Bancorp DE now owns 10,077 shares of the real estate investment trust's stock valued at $330,000 after purchasing an additional 397 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Kilroy Realty by 7.8% in the 1st quarter. Parallel Advisors LLC now owns 5,539 shares of the real estate investment trust's stock valued at $181,000 after purchasing an additional 401 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of 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 purchasing an additional 614 shares during the last quarter. Allworth Financial LP raised its stake in shares of Kilroy Realty by 192.1% in the 1st quarter. Allworth Financial LP now owns 964 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 634 shares during the period. Finally, Summit Trail Advisors LLC raised its stake in shares of Kilroy Realty by 4.3% in the 1st quarter. Summit Trail Advisors LLC now owns 16,945 shares of the real estate investment trust's stock valued at $562,000 after acquiring an additional 694 shares during the period. Institutional investors and hedge funds own 94.22% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on KRC shares. BMO Capital Markets downgraded shares of Kilroy Realty from a "market perform" rating to an "underperform" rating and set a $35.00 target price on the stock. in a research note on Wednesday, July 16th. Mizuho cut their target price on shares of Kilroy Realty from $43.00 to $35.00 and set a "neutral" rating on the stock in a research note on Monday, July 14th. Evercore ISI cut their target price on shares of Kilroy Realty from $43.00 to $42.00 and set an "in-line" rating on the stock in a research note on Monday, August 18th. Scotiabank cut their target price on shares of Kilroy Realty from $38.00 to $37.00 and set a "sector underperform" rating on the stock in a research note on Monday, July 14th. Finally, JPMorgan Chase & Co. cut their target price on shares of Kilroy Realty from $42.00 to $40.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 2nd. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Kilroy Realty has a consensus rating of "Hold" and a consensus target price of $37.64.

Insider Activity

In other news, EVP Eliott Trencher sold 3,997 shares of the business's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $38.05, for a total value of $152,085.85. Following the completion of the sale, the executive vice president 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Merryl Elizabeth Werber sold 6,250 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $38.28, for a total transaction of $239,250.00. Following the completion of the sale, the chief accounting officer directly owned 26,435 shares of the company's stock, valued at $1,011,931.80. The trade was 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 insiders.

Kilroy Realty Stock Up 3.3%

Kilroy Realty stock traded up $1.2920 during midday trading on Friday, hitting $40.1520. 1,194,556 shares of the stock were exchanged, compared to its average volume of 1,746,821. Kilroy Realty Corporation has a 1 year low of $27.07 and a 1 year high of $43.78. The firm has a market cap of $4.75 billion, a P/E ratio of 21.82 and a beta of 1.22. 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 50 day moving average price of $36.69 and a two-hundred day moving average price of $34.30.

Kilroy Realty (NYSE:KRC - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.12. Kilroy Realty had a net margin of 19.29% and a return on equity of 3.92%. The firm had revenue of $289.89 million for the quarter, compared to the consensus estimate of $268.84 million. During the same quarter in the previous year, the firm posted $1.10 EPS. The firm's quarterly revenue was up 3.3% on a year-over-year basis. Kilroy Realty has set its FY 2025 guidance at 4.050-4.150 EPS. On average, sell-side analysts predict that Kilroy Realty Corporation will post 4 earnings per share for the current fiscal year.

Kilroy Realty Profile

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.