Insider Selling: Kilroy Realty (NYSE:KRC) Director Sells $597,082.00 in Stock

Kilroy Realty Corporation (NYSE:KRC) Director Jolie Hunt sold 15,800 shares of the company’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the sale, the director owned 13,892 shares of the company’s stock, valued at approximately $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 SEC, which is available at this hyperlink.

Kilroy Realty Stock Performance

KRC opened at $39.26 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.09 and a current ratio of 2.09. Kilroy Realty Corporation has a 52-week low of $27.36 and a 52-week high of $45.03. The firm has a market cap of $4.57 billion, a P/E ratio of 21.57 and a beta of 1.12. The business’s fifty day moving average is $35.56 and its 200-day moving average is $33.99.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results 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 net margin of 19.59% and a return on equity of 3.89%. The company had revenue of $270.05 million during the quarter, compared to analyst estimates of $263.08 million. During the same period last year, the firm earned $1.02 EPS. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Sell-side analysts expect that Kilroy Realty Corporation will post 3.59 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The company also recently announced 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. The ex-dividend date is Tuesday, June 30th. This represents a $2.16 annualized dividend and a dividend yield of 5.5%. Kilroy Realty’s payout ratio is presently 118.68%.

Hedge Funds Weigh In On Kilroy Realty

Institutional investors have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC lifted its stake in Kilroy Realty by 2.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock worth $460,000 after purchasing an additional 295 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Kilroy Realty by 9.6% during the 4th quarter. Parallel Advisors LLC now owns 3,650 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 320 shares in the last quarter. Whittier Trust Co. increased its holdings in shares of Kilroy Realty by 4.1% in the fourth quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock worth $377,000 after purchasing an additional 375 shares during the period. DoubleLine ETF Adviser LP increased its holdings in shares of Kilroy Realty by 6.1% in the third quarter. DoubleLine ETF Adviser LP now owns 6,621 shares of the real estate investment trust’s stock worth $280,000 after purchasing an additional 381 shares during the period. Finally, NorthRock Partners LLC increased its holdings in shares of Kilroy Realty by 4.0% in the third quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust’s stock worth $503,000 after purchasing an additional 460 shares during the period. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Bank of America upgraded shares of Kilroy Realty from a “neutral” rating to a “buy” rating and increased their price target for the stock from $42.00 to $44.00 in a research report on Tuesday, June 16th. Scotiabank boosted their price objective on shares of Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. 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. BMO Capital Markets raised their target price on Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. decreased their price target on 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 analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Kilroy Realty has a consensus rating of “Hold” and a consensus price target of $37.87.

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.