Justin William Smart Sells 10,848 Shares of Kilroy Realty (NYSE:KRC) Stock

Kilroy Realty Corporation (NYSE:KRC) President Justin William Smart sold 10,848 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $38.71, for a total value of $419,926.08. Following the completion of the sale, the president directly owned 519,872 shares of the company’s stock, valued at approximately $20,124,245.12. This represents a 2.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Kilroy Realty Stock Down 1.0%

Shares of KRC opened at $38.33 on Friday. The firm has a market cap of $4.46 billion, a P/E ratio of 21.06 and a beta of 1.14. The stock has a 50 day simple moving average of $33.27 and a two-hundred day simple moving average of $34.43. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. Kilroy Realty Corporation has a 1 year low of $27.36 and a 1 year high of $45.03.

Kilroy Realty (NYSE:KRC) last issued its earnings results 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 during the quarter, compared to analysts’ expectations 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 earned $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, analysts forecast that Kilroy Realty Corporation will post 3.57 earnings per share for the current fiscal year.

Kilroy Realty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th will be paid a $0.54 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.16 annualized dividend and a yield of 5.6%. Kilroy Realty’s dividend payout ratio is currently 118.68%.

Analysts Set New Price Targets

KRC has been the subject of several research reports. Royal Bank Of Canada cut their target price on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Wells Fargo & Company upped their target price 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. Wall Street Zen lowered Kilroy Realty from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. JPMorgan Chase & Co. lowered their price objective on Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Finally, Scotiabank boosted their price objective on Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $37.38.

Institutional Trading of Kilroy Realty

Several hedge funds and other institutional investors have recently bought and sold shares of KRC. Royal Bank of Canada lifted its position in Kilroy Realty by 15.7% in the first quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock valued at $1,947,000 after purchasing an additional 8,078 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Kilroy Realty by 40.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock valued at $2,037,000 after purchasing an additional 17,848 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Kilroy Realty by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock valued at $28,208,000 after purchasing an additional 52,333 shares during the last quarter. United Services Automobile Association bought a new position in shares of Kilroy Realty during the first quarter valued at approximately $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Kilroy Realty by 0.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock valued at $5,007,000 after acquiring an additional 1,320 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

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.