Jolie Hunt Sells 15,800 Shares of Kilroy Realty (NYSE:KRC) Stock

Kilroy Realty Corporation (NYSE:KRC) Director Jolie Hunt sold 15,800 shares of the 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 completion of the transaction, the director directly owned 13,892 shares in the company, valued at approximately $524,978.68. This represents a 53.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kilroy Realty Stock Performance

Shares of NYSE:KRC traded down $0.87 during trading on Tuesday, reaching $37.53. 1,363,064 shares of the stock were exchanged, compared to its average volume of 2,019,492. Kilroy Realty Corporation has a 12 month low of $27.36 and a 12 month high of $45.03. The stock has a 50-day moving average price of $35.15 and a 200-day moving average price of $34.03. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.84. The firm has a market cap of $4.36 billion, a PE ratio of 20.62 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) last announced its 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). 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 for the quarter, compared to analyst estimates of $263.08 million. During the same quarter in the previous year, the company earned $1.02 EPS. The business’s revenue for the quarter was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Research analysts expect that Kilroy Realty Corporation will post 3.59 EPS for the current fiscal year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Tuesday, June 30th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.16 dividend on an annualized basis and a yield of 5.8%. Kilroy Realty’s dividend payout ratio is currently 118.68%.

Institutional Investors Weigh In On Kilroy Realty

Hedge funds have recently made changes to their positions in the stock. Vestcor Inc acquired a new position in Kilroy Realty during the 3rd quarter worth approximately $1,704,000. Principal Financial Group Inc. boosted its position in Kilroy Realty by 23.5% in the fourth quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock valued at $195,396,000 after buying an additional 994,299 shares in the last quarter. Nan Fung Trinity HK Ltd. grew its stake in shares of Kilroy Realty by 172.4% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 210,800 shares of the real estate investment trust’s stock worth $7,878,000 after buying an additional 133,400 shares during the last quarter. Situational Awareness LP bought a new stake in shares of Kilroy Realty during the fourth quarter worth $49,616,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of Kilroy Realty by 103.8% during the third quarter. Russell Investments Group Ltd. now owns 1,278,930 shares of the real estate investment trust’s stock worth $54,035,000 after buying an additional 651,423 shares in the last quarter. 94.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on KRC. Needham & Company LLC reiterated a “buy” rating on shares of Kilroy Realty in a research report on Monday, June 8th. 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. Wells Fargo & Company boosted their price target on Kilroy Realty from $31.00 to $33.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. UBS Group set a $44.00 price objective on shares of Kilroy Realty in a research note on Tuesday, June 16th. Finally, JPMorgan Chase & Co. reduced 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. Five equities research 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 data from MarketBeat.com, Kilroy Realty currently has an average rating of “Hold” and a consensus target price 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.