Hsbc Holdings PLC Makes New $8.74 Million Investment in Kilroy Realty Corporation $KRC

Hsbc Holdings PLC purchased a new stake in shares of Kilroy Realty Corporation (NYSE:KRC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 233,194 shares of the real estate investment trust’s stock, valued at approximately $8,738,000. Hsbc Holdings PLC owned about 0.20% of Kilroy Realty as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Kilroy Realty in the 2nd quarter worth approximately $581,003,000. Norges Bank purchased a new stake in Kilroy Realty during the 4th quarter valued at $340,131,000. Rush Island Management LP increased its holdings in shares of 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 purchasing an additional 2,226,821 shares in the last quarter. Morgan Stanley increased its holdings in shares of Kilroy Realty by 231.5% in the 4th quarter. Morgan Stanley now owns 2,643,973 shares of the real estate investment trust’s stock worth $98,805,000 after purchasing an additional 1,846,325 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new position in shares of Kilroy Realty in the third quarter worth $58,948,000. Institutional investors own 94.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on KRC. The Goldman Sachs Group lifted their price objective on Kilroy Realty from $28.00 to $31.00 and gave the stock a “sell” rating in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $33.00 target price on shares of Kilroy Realty in a research note on Tuesday, May 12th. BMO Capital Markets raised their price target on shares of Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Barclays lifted their price target on shares of Kilroy Realty from $31.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Scotiabank boosted their price objective on shares of Kilroy Realty from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.13.

Insider Activity

In other news, Director Jolie A. Hunt sold 15,800 shares of the company’s 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 sale, the director owned 13,892 shares of the company’s stock, valued at $524,978.68. This represents a 53.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Justin William Smart sold 10,848 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was 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 $20,124,245.12. This trade represents a 2.04% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.83% of the stock is owned by corporate insiders.

Kilroy Realty Stock Performance

Shares of KRC opened at $36.24 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. Kilroy Realty Corporation has a one year low of $27.36 and a one year high of $45.03. The firm has a market capitalization of $4.22 billion, a P/E ratio of 25.52 and a beta of 1.11. The business has a fifty day moving average of $38.11 and a 200 day moving average of $34.28.

Kilroy Realty (NYSE:KRC) last posted its earnings results on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). The firm had revenue of $272.37 million during the quarter, compared to the consensus estimate of $267.39 million. Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The firm’s revenue was down 6.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.13 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. As a group, sell-side analysts anticipate that Kilroy Realty Corporation will post 3.59 EPS for the current year.

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.