Jolie Hunt Sells 15,800 Shares of Kilroy Realty (NYSE:KRC) Stock

Kilroy Realty Corporation (NYSE:KRC) Director Jolie Hunt sold 15,800 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $37.79, for a total value of $597,082.00. Following the completion of the sale, the director directly owned 13,892 shares in the company, valued at approximately $524,978.68. This represents a 53.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kilroy Realty Stock Up 4.5%

KRC stock opened at $39.16 on Thursday. The business has a 50 day moving average of $35.41 and a 200 day moving average of $34.00. The firm has a market cap of $4.55 billion, a PE ratio of 21.52 and a beta of 1.11. Kilroy Realty Corporation has a twelve month low of $27.36 and a twelve month high of $45.03. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.84.

Kilroy Realty (NYSE:KRC) last released its earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.30). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company had revenue of $270.05 million during the quarter, compared to the consensus estimate of $263.08 million. During the same period last year, the firm posted $1.02 earnings per share. The company’s revenue was down .3% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, research analysts forecast that Kilroy Realty Corporation will post 3.59 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th will be given a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Kilroy Realty’s payout ratio is currently 118.68%.

Institutional Investors Weigh In On Kilroy Realty

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Kilroy Realty during the fourth quarter valued at about $340,131,000. M&T Bank Corp grew its position in shares of 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 purchasing an additional 2,748,704 shares in the last quarter. Rush Island Management LP grew its position in shares of Kilroy Realty by 84.5% during 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 in the last quarter. Morgan Stanley raised its stake in Kilroy Realty by 231.5% during the 4th quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock valued at $98,805,000 after purchasing an additional 1,846,325 shares during the period. Finally, Wellington Management Group LLP bought a new stake in Kilroy Realty during the 3rd quarter valued at approximately $58,948,000. 94.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. UBS Group set a $44.00 target price on Kilroy Realty in a report on Tuesday, June 16th. Wells Fargo & Company boosted their price target on Kilroy Realty from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Weiss Ratings cut Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. lowered their target price on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Kilroy Realty currently has an average rating of “Hold” and a consensus price target of $37.87.

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.