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

Kilroy Realty Corporation (NYSE:KRC) President Justin William Smart sold 10,848 shares of Kilroy Realty stock in a transaction 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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kilroy Realty Stock Performance

Shares of NYSE:KRC opened at $38.70 on Friday. Kilroy Realty Corporation has a 52 week low of $27.36 and a 52 week high of $45.03. The stock has a market capitalization of $4.50 billion, a P/E ratio of 21.26 and a beta of 1.14. The firm has a fifty day simple moving average of $33.06 and a two-hundred day simple moving average of $34.41. 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 issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $263.08 million. During the same period in the previous year, the business earned $1.02 earnings per share. The business’s quarterly 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, analysts expect that Kilroy Realty Corporation will post 3.57 earnings per share for the current fiscal year.

Kilroy Realty Announces Dividend

The firm also recently disclosed 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. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is presently 118.68%.

Hedge Funds Weigh In On Kilroy Realty

Large investors have recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of Kilroy Realty during the 3rd quarter worth about $32,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Kilroy Realty during the 3rd quarter worth about $40,000. Smartleaf Asset Management LLC boosted its stake in shares of Kilroy Realty by 276.5% during the 3rd quarter. Smartleaf Asset Management LLC now owns 979 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 719 shares during the period. SJS Investment Consulting Inc. boosted its stake in shares of Kilroy Realty by 128.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 963 shares during the period. Finally, Exchange Traded Concepts LLC purchased a new position in shares of Kilroy Realty during the 4th quarter worth about $65,000. 94.22% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on KRC. Scotiabank lifted their price objective on shares of Kilroy Realty from $37.00 to $38.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Mizuho set a $29.00 price objective on shares of Kilroy Realty and gave the stock an “underperform” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada dropped their price objective on shares of Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Weiss Ratings cut shares of Kilroy Realty from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 1st. Finally, Wall Street Zen cut shares of Kilroy Realty from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Kilroy Realty has an average rating of “Hold” and an average target price of $37.38.

About Kilroy Realty

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.