Hsbc Holdings PLC Sells 25,513 Shares of Kilroy Realty Corporation $KRC

Hsbc Holdings PLC decreased its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 9.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 233,194 shares of the real estate investment trust’s stock after selling 25,513 shares during the quarter. Hsbc Holdings PLC’s holdings in Kilroy Realty were worth $8,738,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KRC. BlackRock Inc. bought a new position in shares of Kilroy Realty during the second quarter valued at $581,003,000. Norges Bank bought a new position in Kilroy Realty in the 4th quarter worth about $340,131,000. Route One Investment Company L.P. bought a new position in Kilroy Realty in the 2nd quarter worth about $159,181,000. Rush Island Management LP grew its position in Kilroy Realty by 84.5% during the 1st quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock valued at $137,122,000 after purchasing an additional 2,226,821 shares during the last quarter. Finally, Morgan Stanley grew its position 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 last quarter. 94.22% of the stock is owned by institutional investors.

Kilroy Realty Trading Down 2.4%

Kilroy Realty stock opened at $35.29 on Thursday. Kilroy Realty Corporation has a one year low of $27.36 and a one year high of $45.03. The business’s fifty day moving average is $37.91 and its 200 day moving average is $34.53. The stock has a market capitalization of $4.10 billion, a PE ratio of 24.85 and a beta of 1.11. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65.

Kilroy Realty (NYSE:KRC) last issued its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The business had revenue of $272.37 million during the quarter, compared to analysts’ expectations of $267.39 million. Kilroy Realty had a return on equity of 3.04% and a net margin of 15.47%.Kilroy Realty’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same period last year, the firm posted $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, sell-side analysts predict that Kilroy Realty Corporation will post 3.59 EPS for the current year.

Insider Activity at Kilroy Realty

In other news, Director Jolie Hunt sold 15,800 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the completion of the transaction, the director directly owned 13,892 shares of the company’s stock, valued at $524,978.68. The trade was a 53.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.83% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on KRC. Bank of America raised shares of Kilroy Realty from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $42.00 to $44.00 in a report on Tuesday, June 16th. Mizuho increased their price target on shares of Kilroy Realty from $29.00 to $34.00 and gave the company an “underperform” rating in a report on Tuesday, July 21st. Barclays increased their price target on shares of Kilroy Realty from $31.00 to $38.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Kilroy Realty from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Finally, Evercore upgraded shares of Kilroy Realty from an “in-line” rating to an “outperform” rating and set a $42.00 price objective for the company in a report on Monday, June 8th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.47.

Kilroy Realty 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.