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

Hanson & Doremus Investment Management lessened its stake in shares of Kilroy Realty Corporation (NYSE:KRC) by 77.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,918 shares of the real estate investment trust’s stock after selling 71,313 shares during the period. Hanson & Doremus Investment Management’s holdings in Kilroy Realty were worth $590,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wiser Advisor Group LLC acquired a new position in shares of Kilroy Realty during the third quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Kilroy Realty in the third quarter worth approximately $40,000. Exchange Traded Concepts LLC acquired a new stake in shares of Kilroy Realty in the fourth quarter worth approximately $65,000. Horizon Investments LLC purchased a new stake in shares of Kilroy Realty during the fourth quarter worth approximately $65,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Kilroy Realty by 36.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,888 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 502 shares in the last quarter. 94.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kilroy Realty

In related news, President Justin William Smart sold 10,848 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the transaction, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. The trade was a 2.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Lauren N. Stadler sold 3,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $34.65, for a total transaction of $103,950.00. Following the completion of the transaction, the insider directly owned 15,456 shares in the company, valued at $535,550.40. This trade represents a 16.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.83% of the company’s stock.

Kilroy Realty Stock Up 0.5%

NYSE:KRC opened at $36.99 on Tuesday. Kilroy Realty Corporation has a 52 week low of $27.36 and a 52 week high of $45.03. The stock’s fifty day moving average is $34.34 and its two-hundred day moving average is $34.14. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 20.33 and a beta of 1.14. 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 results on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The business had revenue of $270.05 million for 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 revenue for the quarter was down .3% on a year-over-year basis. During the same quarter last year, the company earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Research analysts anticipate that Kilroy Realty Corporation will post 3.59 EPS for the current year.

Kilroy Realty Announces Dividend

The business 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 $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is presently 118.68%.

Analysts Set New Price Targets

A number of brokerages recently commented on KRC. BMO Capital Markets lifted their price objective on Kilroy Realty from $34.00 to $38.00 and gave the stock a “market perform” rating in a research report on Monday, June 15th. Royal Bank Of Canada dropped their target price on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. UBS Group set a $44.00 target price on Kilroy Realty in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $33.00 price target on shares of Kilroy Realty in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Five investment 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’s stock. According to MarketBeat, Kilroy Realty currently has a consensus rating of “Hold” and a consensus target price of $37.87.

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.