SG Americas Securities LLC Sells 173,360 Shares of Kilroy Realty Corporation $KRC

SG Americas Securities LLC decreased its holdings in shares of Kilroy Realty Corporation (NYSE:KRC) by 92.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,940 shares of the real estate investment trust’s stock after selling 173,360 shares during the quarter. SG Americas Securities LLC’s holdings in Kilroy Realty were worth $393,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Norges Bank purchased a new position in shares of Kilroy Realty in the 4th quarter worth $340,131,000. M&T Bank Corp raised its position in shares of Kilroy Realty by 34,820.2% during the 4th quarter. M&T Bank Corp now owns 2,756,598 shares of the real estate investment trust’s stock valued at $103,014,000 after buying an additional 2,748,704 shares in the last quarter. Morgan Stanley grew its position in Kilroy Realty by 231.5% in the fourth quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock worth $98,805,000 after acquiring an additional 1,846,325 shares in the last quarter. Wellington Management Group LLP bought a new stake in Kilroy Realty during the third quarter worth approximately $58,948,000. Finally, Situational Awareness LP bought a new stake in Kilroy Realty during the fourth quarter worth approximately $49,616,000. Institutional investors own 94.22% of the company’s stock.

Kilroy Realty Trading Down 0.2%

Shares of NYSE KRC opened at $38.26 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. The business’s 50 day moving average price is $36.20 and its 200-day moving average price is $33.98. Kilroy Realty Corporation has a fifty-two week low of $27.36 and a fifty-two week high of $45.03. The company has a market cap of $4.45 billion, a price-to-earnings ratio of 21.02 and a beta of 1.12.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings data 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 net margin of 19.59% and a return on equity of 3.89%. Kilroy Realty’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, sell-side analysts expect that Kilroy Realty Corporation will post 3.59 earnings per share for the current year.

Kilroy Realty Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is 118.68%.

Analyst Ratings Changes

KRC has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Kilroy Realty in a research note on Tuesday, May 12th. Needham & Company LLC reissued a “buy” rating on shares of Kilroy Realty in a research report on Monday, June 8th. Scotiabank increased their price target on Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Bank of America upgraded Kilroy Realty from a “neutral” rating to a “buy” rating and raised their price target for the stock from $42.00 to $44.00 in a research report on Tuesday, June 16th. Finally, Evercore raised 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 research note on Monday, June 8th. Five 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 stock currently has an average rating of “Hold” and a consensus target price of $37.87.

Insider Activity

In related news, President Justin William Smart sold 10,848 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total value of $419,926.08. Following the transaction, the president owned 519,872 shares of the company’s stock, valued at $20,124,245.12. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jolie A. Hunt sold 15,800 shares of Kilroy Realty stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total transaction of $597,082.00. Following the sale, the director owned 13,892 shares of the company’s stock, valued at $524,978.68. The trade was a 53.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 29,648 shares of company stock valued at $1,120,958. 0.83% of the stock is currently owned by company insiders.

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.