Insider Selling: Kilroy Realty (NYSE:KRC) President Sells $419,926.08 in Stock

Kilroy Realty Corporation (NYSE:KRC) President Justin William Smart sold 10,848 shares of the company’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 value 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Kilroy Realty Stock Down 1.0%

Shares of KRC stock opened at $38.33 on Friday. Kilroy Realty Corporation has a 12 month low of $27.36 and a 12 month high of $45.03. The firm has a market cap of $4.46 billion, a PE ratio of 21.06 and a beta of 1.14. The stock has a 50 day moving average of $33.27 and a 200-day moving average of $34.43. 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 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). The firm had revenue of $270.05 million during the quarter, compared to analyst estimates of $263.08 million. Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities analysts predict that Kilroy Realty Corporation will post 3.57 EPS for the current year.

Kilroy Realty Dividend Announcement

The business 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 dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 5.6%. The ex-dividend date is Tuesday, June 30th. Kilroy Realty’s dividend payout ratio is currently 118.68%.

Analyst Ratings Changes

Several brokerages have recently commented on KRC. JPMorgan Chase & Co. decreased their target price on Kilroy Realty from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $33.00 target price on shares of Kilroy Realty in a report on Tuesday, May 12th. Needham & Company LLC reiterated a “buy” rating on shares of Kilroy Realty in a report on Monday, June 8th. Mizuho set a $29.00 price target on Kilroy Realty and gave the company an “underperform” rating in a report on Tuesday, February 24th. Finally, Royal Bank Of Canada decreased their price target on Kilroy Realty from $46.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $37.38.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its holdings in shares of Kilroy Realty by 2.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock worth $460,000 after acquiring an additional 295 shares during the last quarter. State of Michigan Retirement System increased its holdings in shares of Kilroy Realty by 1.2% during the 3rd quarter. State of Michigan Retirement System now owns 25,865 shares of the real estate investment trust’s stock worth $1,093,000 after acquiring an additional 300 shares during the last quarter. Parallel Advisors LLC increased its holdings 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 worth $136,000 after acquiring an additional 320 shares during the last quarter. Whittier Trust Co. increased its holdings in shares of Kilroy Realty by 4.1% during the 4th quarter. Whittier Trust Co. now owns 9,503 shares of the real estate investment trust’s stock worth $377,000 after acquiring an additional 375 shares during the last quarter. Finally, DoubleLine ETF Adviser LP increased its holdings in shares of Kilroy Realty by 6.1% during the 3rd quarter. DoubleLine ETF Adviser LP now owns 6,621 shares of the real estate investment trust’s stock worth $280,000 after acquiring an additional 381 shares during the last quarter. Institutional investors and hedge funds own 94.22% of the company’s stock.

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.