Hsbc Holdings PLC Purchases Shares of 233,194 Kilroy Realty Corporation $KRC

Hsbc Holdings PLC purchased a new position in Kilroy Realty Corporation (NYSE:KRCFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 233,194 shares of the real estate investment trust’s stock, valued at approximately $8,738,000.

Several other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of Kilroy Realty by 15.7% during the 1st quarter. Royal Bank of Canada now owns 59,424 shares of the real estate investment trust’s stock valued at $1,947,000 after acquiring an additional 8,078 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Kilroy Realty by 40.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,192 shares of the real estate investment trust’s stock worth $2,037,000 after acquiring an additional 17,848 shares during the period. Goldman Sachs Group Inc. raised its stake in Kilroy Realty by 6.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 861,043 shares of the real estate investment trust’s stock worth $28,208,000 after acquiring an additional 52,333 shares during the period. United Services Automobile Association purchased a new position in Kilroy Realty during the first quarter valued at approximately $229,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Kilroy Realty by 0.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 152,846 shares of the real estate investment trust’s stock valued at $5,007,000 after purchasing an additional 1,320 shares in the last quarter. Institutional investors own 94.22% of the company’s stock.

Insider Buying and Selling at Kilroy Realty

In related news, Director Jolie A. Hunt sold 15,800 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $524,978.68. This trade represents a 53.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Justin William Smart sold 10,848 shares of Kilroy Realty stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $38.71, for a total transaction of $419,926.08. Following the completion of the sale, the president owned 519,872 shares in the company, valued at approximately $20,124,245.12. This represents a 2.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

KRC has been the subject of a number of analyst reports. Barclays increased their price objective 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. Weiss Ratings upgraded shares of Kilroy Realty from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 1st. Scotiabank upped their target price on shares of Kilroy Realty from $38.00 to $41.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Mizuho increased their price target on Kilroy Realty from $29.00 to $34.00 and gave the stock an “underperform” rating in a research note on Tuesday, July 21st. Finally, Citigroup increased their price target on Kilroy Realty from $34.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Five equities research 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $39.13.

Get Our Latest Research Report on Kilroy Realty

Kilroy Realty Trading Down 1.2%

KRC stock opened at $36.24 on Friday. Kilroy Realty Corporation has a 1-year low of $27.36 and a 1-year high of $45.03. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 25.52 and a beta of 1.11. The business has a 50 day simple moving average of $38.11 and a two-hundred day simple moving average of $34.28.

Kilroy Realty (NYSE:KRCGet Free Report) last released its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.73). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The company had revenue of $272.37 million for the quarter, compared to the consensus estimate of $267.39 million. During the same quarter in the previous year, the business earned $1.13 EPS. The company’s quarterly revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Research analysts anticipate that Kilroy Realty Corporation will post 3.59 EPS for the current fiscal year.

Kilroy Realty Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Kilroy Realty (NYSE:KRC)

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