Hanson & Doremus Investment Management Decreases Stake in Kilroy Realty Corporation $KRC

Hanson & Doremus Investment Management cut its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 77.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,918 shares of the real estate investment trust’s stock after selling 71,313 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Kilroy Realty were worth $590,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Hsbc Holdings PLC lifted its stake in shares of Kilroy Realty by 19.1% in the fourth quarter. Hsbc Holdings PLC now owns 200,370 shares of the real estate investment trust’s stock valued at $7,488,000 after purchasing an additional 32,129 shares during the period. Corient Private Wealth LLC increased its position in Kilroy Realty by 64.8% during the fourth quarter. Corient Private Wealth LLC now owns 78,499 shares of the real estate investment trust’s stock worth $2,935,000 after buying an additional 30,879 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Kilroy Realty by 524.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 5,973 shares of the real estate investment trust’s stock worth $223,000 after acquiring an additional 5,017 shares during the last quarter. Kera Capital Partners Inc. lifted its position in shares of Kilroy Realty by 48.6% in the fourth quarter. Kera Capital Partners Inc. now owns 18,391 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 6,016 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Kilroy Realty by 16.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 72,512 shares of the real estate investment trust’s stock valued at $2,710,000 after acquiring an additional 10,379 shares in the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Up 0.5%

Shares of KRC opened at $36.99 on Tuesday. Kilroy Realty Corporation has a twelve month low of $27.36 and a twelve month high of $45.03. The firm has a market capitalization of $4.30 billion, a P/E ratio of 20.33 and a beta of 1.14. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.84. The stock’s fifty day simple moving average is $34.34 and its 200 day simple moving average is $34.14.

Kilroy Realty (NYSE:KRC) last released 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). Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The business had revenue of $270.05 million during the quarter, compared to analyst estimates of $263.08 million. During the same period in the previous year, the company earned $1.02 EPS. Kilroy Realty’s revenue was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities research analysts forecast that Kilroy Realty Corporation will post 3.59 earnings per share for the current year.

Kilroy Realty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.54 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.8%. Kilroy Realty’s dividend payout ratio (DPR) is currently 118.68%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company lifted their price target on shares of Kilroy Realty from $31.00 to $33.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Evercore raised shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 price objective on the stock in a research note on Monday, June 8th. UBS Group set a $44.00 target price on shares of Kilroy Realty in a research note on Tuesday, June 16th. JPMorgan Chase & Co. lowered their target price on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Barclays cut their price target on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $37.87.

Insiders Place Their Bets

In related news, insider Lauren N. Stadler sold 3,000 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the transaction, the insider owned 15,456 shares of the company’s stock, valued at approximately $535,550.40. This represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Justin William Smart sold 10,848 shares of the firm’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 transaction of $419,926.08. Following the sale, the president directly owned 519,872 shares of the company’s stock, valued at $20,124,245.12. The trade was a 2.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.83% 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.