Hsbc Holdings PLC increased its stake in shares of Kilroy Realty Corporation (NYSE:KRC – Free Report) by 29.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,707 shares of the real estate investment trust’s stock after buying an additional 58,337 shares during the quarter. Hsbc Holdings PLC’s holdings in Kilroy Realty were worth $7,303,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its holdings in shares of Kilroy Realty by 2.8% during the third quarter. Quadrant Capital Group LLC now owns 10,881 shares of the real estate investment trust’s stock valued at $460,000 after acquiring an additional 295 shares during the period. Parallel Advisors LLC increased its holdings in shares of Kilroy Realty by 9.6% in 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 period. Whittier Trust Co. increased its holdings in shares of Kilroy Realty by 4.1% in 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 period. NorthRock Partners LLC lifted its position in Kilroy Realty by 4.0% in the 3rd quarter. NorthRock Partners LLC now owns 11,907 shares of the real estate investment trust’s stock valued at $503,000 after purchasing an additional 460 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Kilroy Realty by 36.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,888 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 502 shares during the last quarter. 94.22% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have commented on the stock. Wells Fargo & Company upped their target price on shares of Kilroy Realty from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $33.00 price target on shares of Kilroy Realty in a report on Tuesday, May 12th. Scotiabank boosted their price objective on Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Bank of America raised Kilroy Realty from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $42.00 to $44.00 in a report on Tuesday, June 16th. Finally, BMO Capital Markets raised their target price on Kilroy Realty from $34.00 to $38.00 and gave the company a “market perform” rating in a research report on Monday, June 15th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Kilroy Realty presently has an average rating of “Hold” and an average price target of $38.87.
Kilroy Realty Stock Down 0.7%
Kilroy Realty stock opened at $38.37 on Friday. The stock has a market cap of $4.46 billion, a price-to-earnings ratio of 21.08 and a beta of 1.12. 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 company’s 50-day moving average price is $37.21 and its two-hundred day moving average price is $34.09. Kilroy Realty Corporation has a 52 week low of $27.36 and a 52 week high of $45.03.
Kilroy Realty (NYSE:KRC – Get Free Report) last issued 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 analyst estimates of $263.08 million. Kilroy Realty had a return on equity of 3.89% and a net margin of 19.59%.The company’s revenue was down .3% on a year-over-year basis. During the same period in the prior 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, analysts expect that Kilroy Realty Corporation will post 3.59 EPS for the current fiscal year.
Kilroy Realty Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Kilroy Realty’s dividend payout ratio (DPR) is presently 118.68%.
Insider Activity
In other news, insider Lauren N. Stadler sold 3,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $34.65, for a total value of $103,950.00. Following the completion of the sale, the insider owned 15,456 shares in the company, valued at $535,550.40. This represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jolie A. Hunt sold 15,800 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $37.79, for a total value of $597,082.00. Following the transaction, the director directly owned 13,892 shares of the company’s stock, valued at $524,978.68. This represents a 53.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 29,648 shares of company stock worth $1,120,958. 0.83% of the stock is owned by company insiders.
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.
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