Insider Selling: Kilroy Realty (NYSE:KRC) President Sells 10,848 Shares of Stock

Kilroy Realty Corporation (NYSE:KRC) President Justin William Smart sold 10,848 shares of the company’s stock in a transaction on 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 directly owned 519,872 shares in the company, valued at $20,124,245.12. This trade represents a 2.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kilroy Realty Trading Up 0.7%

NYSE:KRC traded up $0.28 during mid-day trading on Thursday, hitting $38.70. The company had a trading volume of 1,242,097 shares, compared to its average volume of 2,068,928. The firm has a market cap of $4.50 billion, a P/E ratio of 21.26 and a beta of 1.14. 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 fifty day moving average is $32.85 and its two-hundred day moving average is $34.42. Kilroy Realty Corporation has a fifty-two week low of $27.36 and a fifty-two week high of $45.03.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The company had revenue of $270.05 million during the quarter, compared to the consensus estimate of $263.08 million. Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.02 earnings per share. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, research analysts expect that Kilroy Realty Corporation will post 3.57 earnings per share for the current year.

Kilroy Realty Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Tuesday, June 30th. Kilroy Realty’s payout ratio is 118.68%.

Institutional Trading of Kilroy Realty

Several large investors have recently bought and sold shares of the company. Norges Bank purchased a new position in Kilroy Realty in the 4th quarter worth approximately $340,131,000. State Street Corp raised its holdings in Kilroy Realty by 1.2% in the 2nd quarter. State Street Corp now owns 5,841,917 shares of the real estate investment trust’s stock worth $203,514,000 after acquiring an additional 67,546 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Kilroy Realty by 23.5% in the 4th quarter. Principal Financial Group Inc. now owns 5,228,666 shares of the real estate investment trust’s stock worth $195,396,000 after acquiring an additional 994,299 shares during the last quarter. Rush Island Management LP raised its holdings in Kilroy Realty by 84.5% in the 1st quarter. Rush Island Management LP now owns 4,860,742 shares of the real estate investment trust’s stock worth $137,122,000 after acquiring an additional 2,226,821 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in Kilroy Realty by 0.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,578,185 shares of the real estate investment trust’s stock worth $151,178,000 after acquiring an additional 15,193 shares during the last quarter. 94.22% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on KRC shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $33.00 price objective on shares of Kilroy Realty in a report on Tuesday, May 12th. Needham & Company LLC reaffirmed a “buy” rating on shares of Kilroy Realty in a report on Monday. Barclays reduced their target price on Kilroy Realty from $39.00 to $31.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Citigroup reduced their target price on Kilroy Realty from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Finally, Scotiabank upped their target price on Kilroy Realty from $37.00 to $38.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Four 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 presently has a consensus rating of “Hold” and a consensus price target of $37.38.

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.